The Asian Lawyer, in association with The American Lawyer, China Law & Practice and Legal Week, honored two transactions on which White & Case advised at its 2019 Asia Legal Awards on March 21 in Hong Kong.
The White & Case transactions honored were:
- Finance Deal of the Year: Acquisitions
White & Case advised China CITIC Bank International Ltd. as global coordinator, mandated lead arranger, underwriter and bookrunner and agent in a US$1 billion mezzanine syndicated term loan to Tianqi Lithium Australia Investments 2 Pty Ltd., a subsidiary of Chinese new energy materials company Tianqi Lithium Corp., for the acquisition of a stake in SQM, a Chilean lithium miner.
- Finance Deal of the Year: Insolvency and Restructuring
White & Case advised the management of Noble Group Ltd. (NGL) on its successful US$3.5 billion debt-for-equity restructuring where NGL, formerly listed in Singapore, would operate under a holding company (Noble Group Holdings) as a private entity. Under the restructuring deal, 70 percent of Noble Group Holdings will be owned by a senior creditor special vehicle, 10 percent by the management team and 20 percent by existing shareholders of NGL.
The Asia Legal Awards are open to all firms with offices in Asia. Winners are selected by the editorial staff of The Asian Lawyer, The American Lawyer, China Law & Practice and Legal Week