PRESS RELEASE
12 April 2023

Ogier Wins Loan Deal Of The Year At IFLR Asia-Pacific Awards 2023

O
Ogier

Contributor

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Ogier provides legal advice on BVI, Cayman, Guernsey, Irish, Jersey and Luxembourg law. Our network of locations also includes Beijing, Hong Kong, London, Shanghai, Singapore and Tokyo. Legal services for the corporate and financial sectors form the core of our business, principally in the areas of banking and finance, corporate, investment funds, dispute resolution, private equity and private wealth. We also have strong practices in the areas of employee benefits and incentives, employment law, regulatory, restructuring and corporate recovery and property. Our corporate administration business, Ogier Global, works closely with Ogier's partner-led legal teams to incorporate and administer a wide variety of vehicles, offering clients integrated legal and corporate administration services. We have the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost effective services to all our clients.
Ogier was among the winning advisers for Deal of the Year - loan category at the IFLR Asia-Pacific Awards 2023.
Hong Kong

Ogier was among the winning advisers for Deal of the Year - loan category at the IFLR Asia-Pacific Awards 2023.

Ogier was recognised, alongside the other law firms involved, for its advice on the debt financing for thetake-private of China's 51job.

Working alongside lead counsels Kirkland & Ellis LLP (acting as lead counsel for Ocean Link and lead debt financing counsel to the consortium), Paul, Weiss, Rifkind, Wharton & Garrison LLP (acting as lead counsel for DCP Capital Partners) and Weil, Gotshal & Manges LLP (acting as lead counsel for Mr Rick Yan and his affiliates), Ogier was Cayman Islands legal counsel on corporate and debt finance matters to the investor consortium, which comprised of DCP Capital Partners, Ocean Link Partners Limited and Rick Yan, the chief executive officer of 51job Inc.

According to IFLR, "the deal wrestled with an unpredictable price environment and new PRC regulations on data protection that were highly relevant to the target's business," and deal teams had to "innovate to structure a financing at various levels of the company to accommodate the multiple parties, with complex cross-default mechanisms running through them."

Ogier's deal team, based in its Hong Kong office, was led by partner Nathan Powell on corporate matters and partner David Nelson on debt finance matters and included partner Florence Chan, senior legal manager Kendrick Cheung, legal manager Sara Law and paralegal Jenson Ng.

Commenting on the award win, David said: "We're proud to have worked on such a significant transaction, which required close collaboration between our corporate and banking teams, lead counsel, and our clients. This market-leading recognition once again demonstrates Ogier's strength and expertise advising on complex, big-ticket cross-border financings."

Contributor

Ogier  logo
Ogier provides legal advice on BVI, Cayman, Guernsey, Irish, Jersey and Luxembourg law. Our network of locations also includes Beijing, Hong Kong, London, Shanghai, Singapore and Tokyo. Legal services for the corporate and financial sectors form the core of our business, principally in the areas of banking and finance, corporate, investment funds, dispute resolution, private equity and private wealth. We also have strong practices in the areas of employee benefits and incentives, employment law, regulatory, restructuring and corporate recovery and property. Our corporate administration business, Ogier Global, works closely with Ogier's partner-led legal teams to incorporate and administer a wide variety of vehicles, offering clients integrated legal and corporate administration services. We have the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost effective services to all our clients.

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