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Innovative green loan advised by Ogier wins ALB Finance Deal of the Year 2024

News

24 September 2024

Hong Kong

1 min read

The financing of Kingston Green Logistics, a transaction advised by Ogier, A&O Shearman and Mayer Brown, has been named Finance Deal of the Year 2024 by Asian Legal Business.

This innovative US$1.13 billion green loan supporting the major development of a cold storage and logistics facility was one of only two green loans recorded in Hong Kong's real estate sector in 2023.  This deal was earlier named one of China Business Law Journal's Deals of the Year in 2023.

Ogier partners Anthony Oakes and Yuki Yan acted as BVI counsel to a syndicate led by United Overseas Bank Limited, Sumitomo Mitsui Banking Corporation, and Oversea-Chinese Banking Corporation Limited.

The contribution of Ogier's team to this significant deal is representative of the expertise valued by clients and recognised by the market.

Ogier's Banking and Finance team frequently receives outstanding client feedback in leading legal directories.  One Banking and Finance client recently told IFLR 1000: "Anthony Oakes is the best offshore lawyer in Hong Kong, hands down and bar none. He has a deep knowledge of the law yet is able to give practical and commercially sensible advice.” 

Another said: "One aspect that makes Yuki Yan stand out is her dedication to providing exceptional customer service. She and her team are known for her responsiveness, professionalism, and attention to detail, ensuring that clients' needs are met efficiently and effectively.” 

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