Mayer Brown has been included in the IFLR1000 Specialist Guide 2019, which identified and profiled just 50 law firms globally with areas of focus in the law that are rare in the markets in which they operate. The law firms were selected among thousands through an extensive research and interview process.
Mayer Brown was the only law firm in Hong Kong selected for high-yield bonds. The guide noted the firm's "strong reputation globally in advising issuers and underwriters on high-yield bond offerings."
Corporate & Securities partner Jason T. Elder commented: “We are delighted to receive this recognition from IFLR1000. It represents another testimony of our success in not only handling the complex and innovative high yield matters, but also our efforts in contributing to the evolution of the expanding Asia-Pacific high yield market. We are proud to be our clients’ trusted advisors and will continue to work with the other key stakeholders to further develop this market.”
The guide also concluded, "Mayer Brown excels in this specialism as it has the largest number of bilingual capital markets lawyers primarily focused on high-yield; a deep-rooted presence in Asia and long term client relationships across many practice areas; and is deeply committed to market education while nurturing a service-oriented mentality towards its product."
Mr. Elder, who leads the high-yield bond team, is widely renowned for his work in high-yield offerings. Together with partner Thomas Kollar, Mr. Elder’s team has worked on numerous successful transactions, including the issuance of US$250 million aggregate principal amount of 9.75% senior notes due 2022 as well as its subsequent US$50 million tap issuance by Mongolian Mortgage Corporation HFC LLC and MIK Holding JSC, the issuance of US$500 million 7.25% Notes due 2023 by Development Bank of Mongolia LLC, and advising the joint lead managers and bookrunners on the issuance of new senior unsecured fixed rate notes, comprising of US$500 million 6.35% notes due 2024 and US$1.5 billion 7.55% notes due 2030 by the Democratic Socialist Republic of Sri Lanka. The team has also advised on a large number of high yield issuances by Chinese companies.
Partner Cindy Kao, who works on China-related transactions, and counsel Nishrin Hussain, who has capability in the corporate trust issues of high-yield, are important team members of the high-yield team.
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October 272023