Capital Markets: High-Yield Products (International Firms)
Greater China Region Guide 2024 : China
Band 3
Contact number
+852 2912 2500Chambers Review
Latham & Watkins has a well-balanced practice assisting clients on ECM, investment-grade debt and high-yield work. The firm continues acting on a wide range of debt transactions, working on deals originating in China and abroad, regularly assisting Chinese SOEs and private companies and often acting for property developers and industrial clients. It is notably active advising on convertible bonds and other hybrid issuances, as well as sustainability-linked issuances and private placements. The ECM team has a strong track record of acting on significant IPOs for clients in the healthcare, technology, real estate and finance industries. The firm offers an integrated team with US, Hong Kong and UK law capabilities. Key clients include Goldman Sachs, Jinmao Property Services and GigaCloud Technology.
Work Highlights
- Latham & Watkins advised Sunny Optical Technology on its issuance of USD400 million 5.95% unsecured sustainability-linked bonds due 2026.
- Latham & Watkins advised Guotai Junan Securities on the issuance of USD210 million 7% senior unsecured bonds due 2025.
- Latham & Watkins advised CICC as sole sponsor and other underwriters on the HKD1.014 billion IPO of JF Wealth Holdings on the Main Board of the SEHK.
Strengths
Provided by Chambers
"Latham do a great job training and developing their personnel; their product specialists are exceptional. Latham's attorneys are very aware of market norms and excel at pushing back at off-market terms or conditions in transactions."
"As one of the most established law firms in DCM markets, Latham has consistently provided top-notch services, offering global expertise with local insights, depth and breadth of product knowledge and significant expertise in cross-border deals."
"Latham do a great job training and developing their personnel; their product specialists are exceptional. Latham's attorneys are very aware of market norms and excel at pushing back at off-market terms or conditions in transactions."
"As one of the most established law firms in DCM markets, Latham has consistently provided top-notch services, offering global expertise with local insights, depth and breadth of product knowledge and significant expertise in cross-border deals."
Notable Practitioners
Terris Tang brings to bear over 15 years' experience handling IPOs, with particular strength in Hong Kong listings.
"Terris provides a high level of service in managing his team and always maintains a clear commercial sense."