Sabrina Lee is an associate of White & Case's Banking, Capital Markets and Restructuring group in Asia, based in Hong Kong. She has experience with a variety of bank finance transactions, including bilateral and syndicated, domestic and cross-border financings.
Sabrina also spent six months in the Financial Restructuring and Insolvency Group of our London office.
Advised Bank of China Limited, Macau Branch as lender and agent in respect of a HK$234 million super-senior revolving credit financing and Deutsche Bank as sole global coordinator and left lead bookrunner for US$1.2 billion dual-tranche senior secured notes, and Bank of China Limited, Macau Branch as senior secured creditor and agent with respect to the collateral and intercreditor arrangements in connection with the refinancing of Studio City Company's existing indebtedness. At the time of closing, the transaction was the largest high-yield corporate bond issuance in Asia for 2016 and is one of the first transactions in the Asian market comprising a pari passu bank/bond platform with super-senior credit facilities.
Advised Profit Reach International Limited, as borrower and China Cinda (HK) Holdings Company Limited as put option provider on a US$550 million three-year syndicated term loan for financing an equity investment in Chinese e-commerce logistics company Cainiao Network Technology Co., Ltd.
Advised a European investment bank on a US$150 million secured pre-IPO debt financing to a subsidiary of a leading China-based manufacturer of high-end CNC machines and tools, textile recycling machines and medical testing equipment.
Advised the joint mandated lead arrangers on a US$520 million secured term loan and US$60 million five-year secured revolving credit loan to refinance the outstanding debt of MMI International Limited, a Singapore-based hard disk drive components maker that is backed by leading global investment firm KKR. The joint mandated lead arrangers were Standard Chartered Bank, Singapore Branch, ANZ, Bank of America Merrill Lynch, DBS Bank Ltd, Cathay United Bank Co., Ltd., CTBC Bank Co., Ltd., Sumitomo Mitsui Banking Corporation, Maybank, Mega International Commercial Bank Co., Ltd and United Overseas Bank.
Advised Deutsche Bank as mandated lead arranger on a US$500 million syndicated term loan to Reignwood Group, a multinational investor and developer, secured by Ten Trinity Square, a mixed-use building in London, United Kingdom.