Hogan Lovells wins APAC Law Firm of the Year, Transactions at Private Debt Investor Awards 2024

The PDI Awards is the most prestigious accolade in the private credit industry. The winners in each category are selected by a judging panel of PDI editors who work through the nominations they received, verify the information provided with market sources, and draw on their own insights into who the standout performers were in the year gone by. This award is a testament to our ability to bring together a cross-practice team of market-leading lawyers in investment funds, banking and financing, and restructuring and special situations to advise our fund clients on their strategic investments.

PDI commented: “Hogan Lovells brought in experienced private markets professional Michael Wong and his team from Dechert in October 2024, boosting a team already recognised for its regional abilities in fund formation, investments and financings, fund management, and distressed investments and enforcement strategies.”

To view the full list of winners, please click here (subscription required).

About Hogan Lovells Private Capital practice

Hogan Lovells advises all types of private capital investors including many of the largest and most sophisticated players in the industry – from 'traditional' funds to alternative investors – on their investment strategies across every asset class, industry and geography. We are recognised for our ability to advise on the complete investment funds lifecycle – from fund formation, to investments and financings, fund management, and distressed investments and enforcement strategies. 

We advise credit funds on structuring and documenting loan transactions. We're familiar with current market terms, whether the financing relates to leveraged acquisitions, real estate, infrastructure, commodities or aviation/shipping assets. We have direct lending lawyers in each of the world's key financial centers and can guide you through the most complex cross-border transactions. We also advise across the spectrum of distressed work, from special situation credit deployment to bank workout and bond restructurings. We blend traditional banking and financing skills with the knowledge of restructuring and enforcement across a number of jurisdictions.

Our recent representative experience includes:

• Advising a US credit fund and its appointed receivers in relation to a secured USD multi-million financing to a distressed Chinese property developer secured by a luxury residential development in Hong Kong and the subsequent enforcement and related litigation proceedings in respect of the development. (ongoing)
• Advising an Asian credit fund on a mezzanine financing provided to a borrower in the education sector for opening schools in a major PRC city and subsequent restructuring.
• Advising an Asian credit fund in relation to a secured term loan facility with sustainability-linked principles for the financing of the construction of a residential development in Yuen Long, Hong Kong.
• Advising a US credit fund and a US investment bank on a US$850m facility backed by Zinc assets in South Africa.
• Advised an ad hoc committee of bondholders on the restructuring by way of BVI scheme of arrangement of US$200m of notes issued by Yestar Healthcare Holdings Company Limited, a Hong Kong listed medical consumables and equipment company operating in the PRC.
• Advised an ad hoc group of bondholders on the restructuring by way of pre-packed Singapore scheme of arrangement of US$300m 5.25% Convertible Bonds due 2026 issued by Novaland, one of Vietnam’s largest real estate developers.
• Acted for a diversified financial institution on the re-financing of its US$1bn interests in a private credit fund with an Asian bank.
• Advising a bidder on their proposed purchase of, and financing for, the business and assets of FTX Japan through a US Chapter 11 bankruptcy process.