Renee Xiong > Sidley Austin > Hong Kong, Hong Kong > Lawyer Profile

Showcasing extensive expertise on both the debtor and creditor sides, Sidley Austin is described as ‘experienced and effective’ when handling cross-border restructurings, primarily concerning companies’ offshore debt. Additionally, the practice is well equipped to manage winding up petitions and Hong Kong schemes of arrangement. Leveraging her ‘extensive knowledge’, Renee Xiong is a key contact for negotiating structuring terms for debt securities, Carrie Li is a capital markets expert, while Desmond Ang stands out for his work on insolvencies and distressed scenarios. Olivia Ngan and Joshua Oeij are both highlighted as key ports of call.

A ‘market leader in the PRC property sector’, Sidley Austin‘s involvement for real estate companies on the Mainland on their primary issuances has now led to the team being very active on formal restructuring and liability management efforts, following well-publicized economic head winds impacting the sector. Combining ‘superb knowledge and experience in the context of market practice, with strong technical skills’,  Renee Xiong and Carrie Li are pivotal to this work, at times forming a part of a multi-disciplinary, multi-office team with lawyers on the Mainland and London. The team has also handled some notable new issuances outside of the property sector, with Li recently advising The Export-Import Bank of China on its $1.5bn bond issuance, the first time in several years it has returned to the overseas debt capital market to issue bonds publicly. Splitting his time between Singapore and Hong Kong, Matthew Sheridan leads the overarching Asia capital markets offering.