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Rosanna Passmore is an associate in White & Case's Asia Banking, Capital Markets & Restructuring practice, based in Beijing.
Rosanna is experienced in advising banks, financial institutions, sponsors and corporates on a wide range of finance transactions, including leveraged and acquisition finance, general bank finance and corporate finance.
Advised 6 Mandated Lead Arrangers on the US$3 billion financing to finance the successful privatisation of Hong Kong listed Alibaba.com.
Advised China Development Bank on a US$398 million transferable senior secured credit facility to Meiya Power Company Limited.
Advised Deutsche Bank AG, Hong Kong Branch, Deutsche Bank AG, Singapore Branch, Natixis, Natixis, Hong Kong Branch and Banco Espirito Santo do Oriente S.A., the lead arrangers and original lenders, in a US$115 million syndicated term loan to Big Profit Investments Limited to refinance voluntary prepayment by Big Profit of amounts due under a previous US$200 million syndicated term loan made available to Big Profit on 24 September 2008. We also separately represented the facility agent and security agent of the 2008 financing, and the facility agent and the security agent of the new US$115 million refinancing.
Advised PCCW Limited in its self-arranged HK$16 billion equivalent refinancing. The loan, which is made to Hong Kong Telecommunications (HKT) Ltd and guaranteed by HKT Group Holdings Ltd, comprises a HK$8 billion revolving credit, a HK$3 billion term loan and a HK$5 billion term loan.
Advised Pacific Century Group in a dual-tranche, dual currency, three year loan to its property development arm, Pacific Century Premium Developments Limited (PCPD). The financing to PCPD comprises an offshore HK$2.8 billion syndicated secured facility and an onshore RMB 10 million bilateral secured facility.
Advised China Development Bank Corporation, as arranger, facility agent and original lender in two US$350 million Sinosure-backed senior secured term loans facilities to the Aircel Group in India, to procure telecommunications equipment and services from ZTE Corporation and Huawei Technologies. These financings won Project Finance magazine's "Indian Telecoms Deal of the Year 2009" and were nominated for IFLR/Asialaw India Awards 2010's "Project Finance Deal of the Year".