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Zhong Lun represents UOB in an Onshore and Offshore Financing Project
Zhong Lun represents UOB in an Onshore and Offshore Financing Project
Release time：2022-12-16
Voice Announcements
Recently, an offshore syndicate arranged by United Overseas Bank Limited and an onshore syndicate arranged by United Overseas Bank (China) Limited Beijing Branch have successfully granted onshore-offshore linked term loans in relation to a large commercial plaza located in Dongcheng District, Beijing to provide the refinancing of the project. The aggregate amount of the term loans exceeds RMB 2 billion.
Zhong Lun Law Firm acted as the counsel of the Chinese mainland and Hong Kong for the onshore syndicate and the offshore syndicate, and provided comprehensive legal services for this onshore-offshore linked financing project, including advising on the financing structure, drafting and negotiating onshore and offshore finance documents, assisting in the first utilisation of the onshore and offshore loans, and carrying out security perfection procedures. The legal team was arranged and led by partner Shirley Lu, with partner Alan Xu keenly involved, and the team also includes non-equity partners Sophia Chen and Liuyan Lan, associates Elaine Ye and Kristen Li, and other members including Jiayi He.
