Clifford Chance
Angela has almost two decades of experience advising on a broad range of debt capital markets transactions, including international bond offerings, medium term note programmes, regulatory capital, hybrid securities and equity-linked products such as convertible bonds and exchangeable bonds.
In recent years, Angela is particularly active in advising Chinese clients on their offshore bond issuances, including Chinese state-owned and privately owned enterprises, as well as prominent state-owned banks and other financial institutions.
- Clifford Chance advises Haitong Securities on their issue of RMB 4 billion 3.4% FTZ bonds due 2026.
This is the largest FTZ bond issuance to date and PRC's first Pearl Bond for Haitong Securities that applies the blockchain-based digital bond issuance system set by China Central Depository & Clearing (CCDC).
14 April 2023
- Clifford Chance advises Yuexiu REIT Asset Management Limited on their issue of RMB 1.5 billion 4.15% FTZ guaranteed notes due 2026.
This is the world's first FTZ bond issued by listed REITs.
24 March 2023 - Clifford Chance advises Yuexiu Property on their issue of RMB 2 billion 4% FTZ guaranteed notes due 2026.
This is the largest FTZ bond issuance with lowest interest rate in Greater Bay Area.
16 January 2023 - Clifford Chance advises Huzhou New City Investment Development Group Co., Ltd. on their issue of RMB 200 million 4.5% Credit Enhanced Bonds due 2025 with the benefit of an irrevocable Standby Letter of Credit issued by Bank Of Ningbo Huzhou Branch.
This is the first MoX-listed FTZ Bonds under trustee structure and also the first in the market which allows foreign investors to hold the FTZ bonds via a custodian of CCDC instead of opening FTZ accounts directly with CCDC, opening up access to more foreign investors.
21 December 2021 - Clifford Chance advises Yieldking Investment Limited on the update of US$2 billion Medium Term Note Programme and the subsequent issue of US$400 million 2.80% Notes due 2026 and the tap issue of US$100 million 2.80% Notes due 2026, unconditionally and irrevocably guaranteed by Sichuan Development International Holding Company Limited and with the benefit of a Keepwell Deed and a Deed of Equity Interest Purchase Undertaking provided by Sichuan Development Holding Co., Ltd.
This is the first ever bond issuance by a Chinese corporate entity to have been listed on the HKEX, MOX and LuxSE since the signing of a memorandum of understanding by MOX and LuxSE to allow two-way bond listing in January 2020.
28 September 2021
News and client work
Contact details
- Clifford Chance, Hong Kong
- +85228258891
- Email me
- Speaks English, Mandarin and Cantonese
- Practice area Capital markets
- Sector Banks, Telecommunications, media & technology
Career and qualifications
- The National University of Singapore (LLB) 2003
- Admitted as an advocate & solicitor in Singapore 2004
- Joined Clifford Chance 2007
- Admitted as a solicitor in England & Wales 2009
- Admitted as a solicitor in Hong Kong 2010
- Partner since 2015
Awards and citations
- Leading Individuals
Legal 500 – Hong Kong Capital Markets (Debt) – 2024 - Women Leader and Highly Regarded
IFLR1000 – Hong Kong Capital Markets: Debt – 2024 - Woman Lawyer of the Year
ALB Hong Kong Law Awards 2022
- Band 4
Chambers Global Greater & China Region 2023 : Capital Markets: Debt (International Firms) - Clients consider Angela "resourceful in coming up with solutions for clients from a legal perspective."
Chambers Global & Greater China Region 2023: Capital Markets: Debt (International Firms) - Clients consider Angela "has strong business acumen and can provide pragmatic advice and solutions."
Chambers Greater China Region 2023: Capital Markets: Debt (International Firms) – China - China's elite lawyers (foreign lawyers)
China Business Law Journal A-List 2022 - Outstanding Lawyer
ALB 40 Under 40 2017