Global law firm White & Case LLP has represented China Development Bank (CDB) and Industrial and Commercial Bank of China (ICBC) with respect to their participation in the USD 800 million senior secured term loan facility and the SAR 3.969 billion (approximately equivalent to USD 1.06 billion) advance payment guarantee facility which, together, make up project facilities supporting Saudi Oger Ltd’s financing of the King Abdullah Project 2, which the company is completing for the Saudi Ministry of Interior in the Kingdom of Saudi Arabia.

Orrick, Herrington & Sutcliffe LLP (Orrick) has advised POSCO Canada Ltd. (POSCAN) on two strategic investments that will secure the future development of lithium and other minerals in Central America. POSCAN is a wholly owned subsidiary of POSCO Corporation, the third-largest steelmaker in the world by market value (and the largest in South Korea) and the most profitable in Asia.

Mallesons Stephen Jaques, a leading law firm in the Asian region,  has announced the appointment of two senior legal experts from international law firm, Simmons & Simmons, Hong Kong, adding further depth to Mallesons’ debt capital markets practice in the region.

Linklaters has advised HSBC, Bank of China, ICBC and Standard Chartered as Joint Lead Managers on the first two Renminbi-denominated Bond issues by Air Liquide Finance and guaranteed by L’Air Liquide S.A.

Davis Polk advised Credit Suisse Securities (USA) LLC, Daiwa Capital Markets Europe Limited, Goldman Sachs International, The Hongkong and Shanghai Banking Corporation Limited, J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Woori Investment & Securities Co., Ltd. as underwriters in connection with an SEC-registered Schedule B debt offering by The Export-Import Bank of Korea (KEXIM) of US$1 billion aggregate principal amount of its 4.375% notes due 2021.

Paul Hastings, a leading global law firm, announced today that it has advised Sino-Ocean Land Holdings Ltd (“Sino-Ocean Land”), one of the leading property developers in China, and its subsidiary Gemini Investments (Holdings) Limited in the establishment of a real estate investment fund (“Fund”) with KKR China Growth Fund L.P., a China focused investment fund managed by Kohlberg Kravis Roberts & Co (“KKR”), a leading global investment firm.

Fried, Frank, Harris, Shriver & Jacobson LLP announced today the addition of M&A and private equity lawyers Douglas Freeman and Victor Chen as partners in the Firm’s corporate practice. Mr. Freeman will be resident in both the Firm’s Hong Kong and New York offices and Mr. Chen will be resident in its Hong Kong office.  The Firm also announced that Hong Kong-based capital markets attorney Joshua T. Coleman was elected to the partnership effective September 1.

DLA Piper has advised Good Million Investments Limited on its HK$292 million sale of the entire issued share capital in China Technology Solar Power Holdings Limited to China Technology Solar Power Limited (formerly known as Soluteck Holdings Limited) (HKSE: 8111). The DLA Piper team in this transaction was led by Esther Leung, Partner and Co-head of Capital Markets in Asia. Team members included lawyers Phil Lam and Yeti Ho.

Herbert Smith has advised The Hongkong and Shanghai Banking Corporation Limited, UBS AG Hong Kong Branch, Citigroup Global Markets Asia Limited, BNP Paribas Capital (Asia Pacific) Limited, China International Capital Corporation Hong Kong Securities Limited, Goldman Sachs (Asia) L.L.C., and Morgan Stanley Asia Limited, as joint bookrunners on the HK$8.2 billion (US$1.1 billion) IPO of Sun Art Retail Group Limited (“Sun Art”) on the Main Board of the Hong Kong Stock Exchange and Rule 144A/Regulation S global offering.

Mayer Brown JSM is pleased to announce that it advised Phoenix Real Estate Investment Funds in acquiring more than 90% of the undivided shares in Arts Mansion, No.31 Conduit Road, Hong Kong.