Howard K. H. Lam

Mr. Lam's experience includes advising:

Restructuring

• Hong Kong Airlines on the holistic restructuring of its US$6.2 billion debts and liabilities, including its guarantee of the US$683 million perpetual securities issued by Blue Skyview. This restructuring involves the first ever parallel Hong Kong scheme of arrangement and UK restructuring plan
• Huachen Energy, one of the largest privately-owned power generating companies in the People’s Republic of China, on the innovative restructuring of its New York law-governed US$500 million in senior notes, and the first-ever Chapter 15 recognition of a PRC reorganization plan in the US
• The ad hoc committee of bondholders in respect of the restructuring of China Fortune Land Development’s overdue debts (including interest) totaling US$6.45 billion
• The ad hoc committee of bondholders in respect of the successful restructuring of the US$500 million guaranteed senior notes of Dr. Peng Telecom & Media Group Co., Ltd, the largest private telecom operator and internet service provider in China
• The ad hoc committee of bondholders in respect of MIE Holdings Corporation, a leading independent upstream oil and gas company, in its debt restructuring completed in the first quarter of 2022
• The steering committee of noteholders in connection with the restructuring of senior notes issued by Hidili Industry International Development Limited, a coal mining company
• The joint and several liquidators of Wongs Investment Development Holdings Group Limited, formerly the controlling shareholder of HK Main Board-listed company, China Kingstone Mining Holdings Limited, in the disposal of approximately 48.16% of the total issued share capital of China Kingstone Mining by way of placing and sale to two buyers

Banking

• A syndicate of banks led by Bank of America, N.A. on a US$8.3 billion club loan to a leading Chinese technology company
• A consortium led by Chinese private equity firm Hopu Investments on a US$1.1 billion financing for acquisition for a minority stake in FWD, a leading insurance business arm of the private investment group, Pacific Century Group
• The mandated lead arrangers on US$3.5 billion financing in connection with Tencent Holdings’ acquisition of Supercell Oy, a Finland-based mobile games developer
• The underwriters BAML, Citi, and HSBC on the leveraged buyout financing by Blackstone consortium in connection with a going-private transaction of a Nasdaq-listed company
• Bright Food (Australia) Co., Limited, a Chinese multinational food and beverages manufacturing company, on its A$85 million term facility agreement in connection with its acquisition of additional shares in an Australian subsidiary
• The original sponsor consortium in relation to the proposed financing of the take private of Shanda Games
• Secured term loan facility for Vedanta Resources to refinance the acquisition facilities for the acquisition of Cairn India
• Baring Private Equity and Nord Anglia Education on various credit facilities including a pre-IPO finance, bridge loan, and a new facility
• China Firstextile (Holdings) Limited on its US$100 million syndicated facility agreement arranged by Nomura International (Hong Kong) Limited
• HSBC as mandated lead arranger and bookrunner on the US$74 million and HK$201.5 million term loan facility to Hilong Holding Limited, part of the Hilong Group of Companies, a group of holding enterprises specializing in businesses related to the oil and natural gas industries
• Fortune REIT, the Hong Kong-listed real estate investment trust, on refinancing of existing credit facilities by way of a HK$1.1 billion term loan facility and a HK$700 million revolving credit facility