February, 2016
February 2016 – Recently, China Construction Bank Corporation, Sydney Branch (“CCB”) (as the sole arranger, agent and a major lender) has successfully completed the provision of syndicated loans with a total amount of approximately USD 2.5 billion to support the borrower’s acquisition of Pacific Hydro Pty Ltd., a large size renewable energy company of Australia. There were 3 other PRC banks and 3 international banks participating in this syndicated loans transaction. This transaction involved the laws of mainland China, Hong Kong and Australia. Zhong Lun Law Firm and the Australian law firm Allens jointly acted for CCB in this transaction. Zhong Lun Law Firm was the Hong Kong and mainland PRC counsels and Allens was the Australian counsel. Mr. Wayne Wang of Zhong Lun Law Firm was the coordinator between Zhong Lun’s Hong Kong and Beijing teams, as well as the Allens team in Australia. Zhong Lun’s Hong Kong team was led by Mr. Wayne Wang and Ms Muriel Tsang with support from associates Mr. Sam Wu and Ms Cheng Ni. The Zhong Lun Beijing team was led by Ms Xianghong Wang with support from associates Ms Baihui Li and Mr Yuanding He. The Zhong Lun teams worked closely with Allens to provide CCB with seamless legal services and support and completed the transaction on time. Main contact:
Wayne Y. Wang
Registered Foreign Lawyer
+852 2298 7608
waynewang@zhonglun.com