Firm Wire items are announcements made by the firms themselves. The desk confirms that the announcement was published and reproduces its factual content. It does not verify the claims in it, and publication is not an endorsement.
Clifford Chance says it advised Laos on a $500 million bond issuance
Clifford Chance said it advised the Lao People’s Democratic Republic, represented by its Ministry of Finance, on a $500 million bond issuance. The firm said the bonds bear a 9.625% coupon, mature in 2032 and were listed on the Hong Kong Stock Exchange.
Key points
- The firm said the offering used Rule 144A and Regulation S.Clifford Chance
- Clifford Chance said MUFG Securities EMEA and Seaport Global acted as joint lead managers.Clifford Chance
- The firm said Phongsavanh Bank acted as local financial adviser.Clifford Chance
- Clifford Chance said Nigel Leong and George Mok led its team with partners Matt Fairclough, Johannes Juette and Mark Chan.Clifford Chance