China/Hong Kong
White & Case and King & Wood Mallesons have advised nine international banks on the provision of an $8 billion syndicated loan to Chinese e-commerce giant Alibaba Group Holding Ltd. Freshfields Bruckhaus Deringer represented Alibaba on the loan. The lenders were Australia and New Zealand Banking Group Ltd., Citigroup Global Markets Asia Ltd., Credit Suisse AG, DBS Bank Ltd., Deutsche Bank AG., Hongkong and Shanghai Banking Corp. Ltd., JPMorgan Chase Bank N.A., Mizuho Corporate Bank Ltd. and Morgan Stanley Asia Ltd. Hong Kong partner John Hartley led White & Case’s team advising the banks, which also included partners Eugene Man and John Shum. King & Wood Mallesons Shanghai partners Jack Wong and Chen Yun advised the banks on Chinese law, while Walkers Hong Kong partner Ashley Davies acted as Cayman Islands counsel. Freshfields Hong Kong partner David Winfield led his firm's team representing Alibaba, which was also advised by Maples and Calder Hong Kong partner Greg Knowles on Cayman and British Virgin Islands law. [Read full story]
