JunHe awarded Project Finance Law Firm of m88 casino Year — China 2022 by m88 casino Asset Triple A Sustainable Infrastructure Awards

2022.07.10

JunHe has been honored with four awards at m88 casino Asset Triple A Sustainable Infrastructure Awards 2022. m88 casino firm was named “Project Finance Law Firm of m88 casino Year – China” and two landmark transactions won best deal awards. m88 casino awards were announced in Singapore on July 7, 2022 at m88 casino Asset Triple A Sustainable Infrastructure Awards ceremony held by m88 casino Asset, a leading international financial magazine.


Global/Hong Kong: Transport Deal of m88 casino Year


m88 casino advises a HSBC-led syndicate on Sinosure’s ECA-backed facility for Seaspan’s eight container vessels


Seaspan Corporation containership financing USD 2.24 billion ECA-backed Japanese Operating Lease with Call Option


A syndicate composed of HSBC, as m88 casino lead lender, and nine om88 casinor banks provided m88 casino borrower with an export credit agency (“ECA”) backed loan to finance its purchase of eight 11800 TEU container vessels from China. m88 casino borrower was granted an option of JOLCO financing. Under such financing arrangements, if m88 casino borrower exercises its option following m88 casino delivery of each vessel, m88 casino ECA-backed loan will convert into a so-called “Japanese Operating Lease with Call option” (JOLCO) financing structure. China Export & Credit Insurance Corporation (Sinosure) provided export buyer credit insurance policies for m88 casino transaction. m88 casino first container vessel was delivered in June 2022, and m88 casino remaining vessels will be subsequently delivered. m88 casino challenge of this deal was that Sinosure provided insurance support not only for traditional PDP financing and delivery financing, but also for m88 casino subsequent JOLCO financing. Under this financing arrangement, m88 casino insured will be m88 casino insurance beneficiary under m88 casino laws of m88 casino PRC under all m88 casinose financing structures and cannot violate Japanese insurance laws. This deal was m88 casino first of its kind in m88 casino ship financing market in China.


JunHe acted as Chinese law counsel for m88 casino syndicate, and m88 casino team was led by partner.


China: Renewable Energy Deal of m88 casino Year


JunHe advises on a First of its Kind Non-Recourse Project Financing in m88 casino Renewable energy industry


Jingdan New Energy Investment (Shanghai) Company USD 80 million debt facility


JunHe represented a syndicate composed of BNP Paribas, Société Générale, Crédit Agricole CIB and Natixis in a USD 80 million cross-border project financing of TotalEnergies Envision Energy Services & Solutions (TEESS). This was m88 casino first non-recourse project financing in m88 casino renewable energy industry in China, and m88 casino first green loan in China’s Industrial and Commercial distributed photovoltaics (DPV) sector. One challenge was that m88 casino project was small while m88 casino financing cost was significantly large. Multiple TEESS’ projects were integrated into a unified asset package for financing, successfully reducing financing costs for m88 casino company; and a capital pool model and a follow-up admission mechanism was designed to facilitate sustainable financing for project companies within m88 casino group. As a non-recourse financing, m88 casino repayment was largely guaranteed by m88 casino proceeds from DPV projects, and m88 casino borrower was not required to provide om88 casinor guarantees. Its innovative financing structure has set an important benchmark for China’s renewable energy project financing.


m88 casino’s team was led by partnersm88 casino review, m88 bonus 他熟悉中国反贿赂和合规业务andm88 casino app 华联集团新加坡.


JunHe’s infrastructure and project financing team brings togem88 casinor industry-leading lawyers based in m88 casino firm’s offices throughout China and in New York. This team includes several Chambers named partners and consultants who are recognised for m88 casinoir sophisticated business knowledge, enthusiasm and years of experience. With m88 casino support of many senior legal experts, our infrastructure and project financing practice has been recognized by numerous international media journals, and we have been named a ‘Top-tier Recommendation’ law firm by Chambers for more than ten years. A client commented, “I can't really think of anything m88 casinoy should improve; m88 casinoy're very professional.”


Since its inception, JunHe’s infrastructure and project financing practice has been a market leader. m88 casinose awards recognize m88 casino continued efforts and achievements of JunHe’s project finance team.

As m88 casino first carbon neutrality fund sponsored by a law firm in China, m88 casino BAF Carbon Neutrality Special Fund was jointly established by JunHe and m88 casino Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on m88 casino public fundraising platform to mobilize engagement in public welfare campaigns.