On March 23, 2023, The International Financial Law Review (IFLR), a well-known legal media journal, held their Asia Pacific Awards 2023 ceremony in Singapore. JunHe won the following awards:
NATIONAL/JURISDICTIONAL LAW FIRM OF THE YEAR: China
•M&A firm of the year
•Debt firm of the year
DEAL OF THE YEAR
•DEAL OF THE YEAR: High yield
•DEAL OF THE YEAR: Loan
Since its inception, JunHe’s corporate and M&A practice areas have maintained a leading position amongst other law firms. Due to its excellent performance and positive word of mouth among clients, JunHe’s corporate and M&A and capital market practices have been recognized as Band 1 by legal media companies such as Chambers for many years.
DEAL OF THE YEAR: Loan
•51job take-private financing
51job’s take-private financing was recognized as the Loan Deal of the Year. JunHe advised the company throughout the whole process on the take-private merger. The take-private of 51job was another major privatization of a listed company on which JunHe has advised in recent years, following the successful take-private transactions of 58.com, Taibang Biologic and Sina. The project was led by JunHe partners ZHOU, Hui (Nelson) and Lixin Cui, and primarily undertaken by partners YUAN, Yifeng (Vincent), GUO, Tao and QIAO, Zheyuan (Jacqueline).
DEAL OF THE YEAR: High yield
•Guangzhou R&F Properties exchange offer
The Guangzhou R&F Properties exchange offer was recognized as the High Yield Deal of the Year. This transaction was the biggest debt restructuring of a listed real estate company in Asia, and JunHe acted as the domestic legal counsel to the solicitation agents (including J.P. Morgan) and advised on PRC laws. The legal services provided by JunHe included assisting with the internal and external approvals of the project, communicating with the regulatory authorities, advising on domestic legal issues, and issuing PRC legal opinions. The transaction has allowed R&F Properties to extend its debt maturity, enhance its risk prevention capabilities and improve its cash flow management, further increasing market confidence. The project was led by JunHe partner YU, Yongqiang (YY) and primarily undertaken by SHI, Yun.