Practice Experience
Tianren Liu is a member of White & Case's China practice. His principal practice areas are mergers and acquisitions, corporate law, project finance and banking.
Tianren's recent experience includes representing:
- China Development Bank Corporation, as initial mandated lead arranger and bookrunner, on a US$800 million term loan facility and a SAR 3,969,612,800 Advance Payment Guarantee facility (the "APG Facility"). The financing supports 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. We also advised Industrial and Commercial Bank of China, which joined the financing as mandated lead arranger of the term loan facility.
- China Development Bank Corporation in a seven year US$400 million acquisition financing provided to Tech Full Electric Company Limited, which will use the funds toward acquiring the NASDAQ-listed shares of Harbin Electric, Inc. This is one of the recent buyouts of Chinese companies effectively delisting through the buyout of its shares from a US stock exchange, with the buyout led by its chairman and backed by a major financial institution. The deal won 2011 “Deal of the Year” awards from both Asian-MENA Counsel and China Business Law Journal.
- China Development Bank Corporation in a US$500 million acquisition financing used to acquire all the NYSE listed shares of China Security & Surveillance Technology, Inc. (CSST). We also simultaneously represented CDB in a US$200 million working capital loan facility between CDB and CSST.
- China Development Bank Corporation in its €260 million loan to the Government of the Republic of Belarus, acting by and through the Ministry of Finance of the Republic of Belarus, to finance the construction of a gas-fired power plant in the Republic of Belarus. This was the second transaction in which we represented CDB in a cross-border loan to Belarus and is one of CDB's recent loans to sovereigns.
- China Development Bank Corporation as sole lender or as a member of syndicate in the negotiation and structuring of various aircraft operating lease transactions to 14 aircraft including Airbus A330-300, Airbus A321-200, Boeing A321-200 and Boeing B737-800 leased to China Southern Airlines.
- China Development Bank Corporation in the US$86 million financing of pre-delivery payments and the US$272 million long term facility for AerCap in relation to four new Airbus A330 aircraft with deliveries scheduled in 2010 and 2011. This deal was awarded "European Deal of the Year 2009" by Airfinance Journal.
- Saudi Basic Industries Corporation (SABIC) in its US$ 3.28 billion joint venture with China Petroleum & Chemical Corporation (Sinopec) to acquire and operate a new petrochemical complex adjacent to Sinopec's existing refineries in the coastal municipality of Tianjin, which will consist of a one million ton per annum ethylene cracker and downstream derivative units that will produce 2.2 million tons of chemical and petrochemical products annually.This deal won the "Deal of the Year 2009" award by Asian Counsel.
- China Development Bank Corporation and Bank of China, as co-arrangers, in the structuring, negotiation and drafting of the financing documentation in connection with a CNY40.8 billion (approximately US$5.8 billion) syndicated loan facility to finance the procurement and construction of the Taishan project, the People's Republic of China's first third-generation nuclear power plan, located in Taishan, Guangdong Province.
- China Development Bank Corporation and Bank of China in a CNY61.3 billion (approximately US$8.8 billion) syndicated loan facility for Yangjiang Nuclear Power Company Limited to finance the construction of a nuclear power plant in Yangjiang, Guangdong Province.
- China Development Bank Corporation, as lead arranger, in its RMB 4 billion syndicated financing to MTR Corporation (Shenzhen) Limited for the construction of a subway line in Shenzhen.
- China Development Bank Corporation in an acquisition financing provided to an Australian subsidiary of a leading PRC energy services provider to acquire an interest in an Australian coal mine.
- China Development Bank Corporation, as lead arranger and original lender in its US$400 million Phase 2 syndicated loan for Infovision Optoelectronics (Kunshan) Corporation Limited to finance the construction and expansion of a TFT production line in Kunshan, Jiangsu Province.
- China Development Bank Corporation, as the co-lead arranger in the US$750 million Phase 2 syndicated loan to Hynix-ST Semiconductors Ltd., one of China's largest integrated circuit manufacturers, to finance the expansion of its wafer production line in Wuxi, Jiangsu province.
- A European enterprise in an antitrust filing to the Ministry of Commerce of the PRC.
Bars and Courts
China, 2008
Education
BA/LLB, Economics, Peking University, 2008
Languages
Mandarin English
Citizenship
China
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