Clifford Chance
Client SatisfactionDrawing upon excellent product knowledge, geographical diversity (including a strong mainland presence) and local, as well as internationally-qualified lawyers, Clifford Chance is well-positioned to advise issuers and underwriters across a broad swathe of DCM work both locally, and in relation to global offerings. Combining her administrative roles as regional managing partner across APAC with a compelling transactional practice, team head Connie Heng leads from the front and continues to handle a range of international securities, including on Rule 144A/Reg S offerings, as well as significant recent experience in RMB capital markets products. Angela Chan has a strong and varied practice which includes a considerable amount of work for Chinese clients on offshore bond issuances, as well as international offerings, including her work for China Merchants Bank on its novel issuance of floating rate blue notes. Mark Chan is also very adept at handling ESG-related bond issuances, including social and green bonds, while vastly experienced US-qualified partner Alan Yeung excels at advising on debt offerings of securities into the US.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'The team provides solutions-focused, high quality and pragmatic advice.'
- 'The team is close to the market and is very well-versed in latest market and industry developments.'
- 'One of the market leaders for legal advice on investment grade debt and high yield debt.'
- 'Alan Yeung is very practical and commercial and provides solid legal advice. He is approachable and is willing to accept feedback given during execution of difficult transactions.'
Key clients
- CICC
- China Minsheng Bank
- CLSA
- Huijing Holdings Company Limited
- ICBC International
- J.P. Morgan
- TF International Securities Group Limited
- UBS AG
- Yuexiu Property Company Limited
- Bank of America
- China Jinmao Holdings Group Limited
- CMBI
- Far East Horizon
- Greatwall Asset Management
- Credit Suisse
- Bank of China (Hong Kong)
- China Ping An Insurance Overseas (Holdings)
- CITIC Pacific
- PCCW Limited
- Shangri-La Asia Limited
- China Everbright International
- Shanghai Commercial Bank
- Credit Agricole
- HSBC
Work highlights
- Acted as international legal counsel to China Merchants Bank Co., Ltd. for its $5bn medium term note programme update, and to China Merchants Bank for its drawdown of blue notes ($400m Floating Rate Notes due 2026) under the programme. This issuance was the first issuance of floating rate blue notes in the world.
- Advised The Hong Kong Mortgage Corporation Limited on the dual-tranche issuance of its inaugural social bonds, comprising a series of HK$8bn notes and a series of CNY3bn notes, issued under its $30bn MTN programme. This transaction is the world's first dual-tranche social bond issuance denominated in Hong Kong dollar and offshore Renminbi.
- Advised Haitong International Finance Limited on its RMB4bn 3.4% guaranteed China (Shanghai) Pilot Free-Trade Zone (Shanghai FTZ) bonds due 2026, unconditionally and irrevocably guaranteed by Haitong Securities Co. Ltd.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Angela Chan
Clifford ChanceNext Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
The lawyer(s) leading their teams.
Connie Heng