Tianren Liu
Biography
Overview
Tianren Liu is an associate in White & Case's Asia Debt Finance group, based in Beijing. Tianren represents Chinese banks and international lenders in syndicated and bilateral financings, as well as cross-border acquisition loan transactions. He also has experience in project finance matters.
Experience
Advised Industrial and Commercial Bank of China, Bank of China, HSBC, Standard Chartered Bank, BNP Paribas, Société Générale and Crédit Agricole as mandated lead arrangers, and a group of Chinese and international lenders and issuing banks on an aggregate €1.29 billion syndicated senior secured term facilities for Sailing Investment Co, S.à r.l, wholly-owned by Shanghai Jinjiang International Hotels Development in connection with its acquisition of Europe's second largest hotel chain, Groupe de Louvre (Louvre Hotels Group), from Starwood Capital. The deal received "Honorable Mention" in the ASIAN-MENA COUNSEL's Deals of the Year 2015 Report.
Advised UBS AG Hong Kong Branch as the mandated lead arranger and bookrunner on a US$107 million syndicated term loan with a greenshoe option of up to US$68 million for Coolpad Group, the Hong Kong-listed smartphone maker.
Advised Agricultural Bank of China New York Branch, as the sole lender of a US$46 million revolving credit facility provided to Wah Da (Macao Commercial Offshore) Company Limited, a subsidiary of Nine Dragons Paper Co. The purpose of the financing was to fund the purchase of equipment and working capital advances.
Advised China Development Bank Corporation on 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.
Advised China Development Bank Corporation on 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.
