Zhong Lun Advises ICBC on RMB5m offshore loan to Indonesia Bakrie Telecom
Zhong Lun Advises ICBC on RMB5m offshore loan to Indonesia Bakrie Telecom
Zhong Lun Law Firm has recently acted as PRC legal counsel for Industrial and Commercial Bank of China Ltd (acting through its Hong Kong and Indonesian affiliates) in connection with a RMB5m credit facility to Indonesia Bakrie Telecom,the world’s first RMB-denominated offshore loan to a non-Chinese borrower. The lead lawyer of Zhong Lun for the deal is our partner Fan Rong.