Linklaters

Leveraging 'acute commercial awareness', derived as a result of many years' involvement at the very pinnacle of the market, Linklaters is a safe pair of hands for underwriters and issuers seeking to execute complex transactions, often involving novel, first-of-kind elements. In this context, 'trusted advisor' Gloria Cheung recently advised the underwriters in relation to the Hong Kong government's HK$5.9bn multi-currency digital green bond issuance, in what was the first digitally native bond issuance in Hong Kong. As well as regularly advising on complex issuances and liability management exercises for private entities from a myriad industry sectors, the team is also very active advising on sovereign bond matters, with William Liu particularly noted for his work for the PRC Ministry of Finance. Noted for his 'solutions- oriented' approach, Michael Ng  has long and deep experience advising Chinese financial institutions and corporates on offshore bond offerings, and is also noted for his work in relation to debt issuances by local government financing vehicles (LGFVs). Sherry Cui  is also a key member of the team and  excels in handling a range of matters, including investment grade debt, high-yield bonds, MTN programmes and equity-linked bonds. Hwang Hwa Sim co-heads the practice alongside Liu.