Jacqueline Zheng

Kirkland & Ellis is advising GL Capital as the offeror on its proposed privatization of SciClone Pharmaceuticals (Holdings) Limited (HKSE: 6600), a company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange. The privatisation will be implemented by way of a scheme of arrangement. SciClone Pharmaceuticals is principally engaged in developing and commercializing a portfolio of marketed products and pipeline with potential in its focused therapeutic areas including oncology and severe infection. The transaction was announced on March 28, 2024. Read GL Capital and SciClone Pharmaceuticals' joint announcement The Kirkland team was led by corporate partner Joey Chau, with assistance from corporate associate Serene Lu. The team also included debt finance partners Jacqueline Zheng and Sean Zhang and investment funds partners Jennifer Feng and Shinong Wang and registered foreign lawyer Nicole Yang.

Mar 28

1 min

Kirkland & Ellis is advising Victory III Co., Ltd as the offeror on its proposed privatization of Vesync Co., Ltd (HKSE: 2148) by way of a scheme of arrangement. The offeror is indirectly wholly-owned by the founders of Vesync. Vesync is principally engaged in designing, developing and selling small home appliances. The transaction was announced on December 27, 2024. Read the transaction press release The Kirkland team includes corporate lawyers Joey Chau, Leo Zhou and Brian Ho; and debt finance lawyers Jacqueline Zheng and Karen Ho.

Dec 30

1 min

Kirkland & Ellis advised the ad hoc committee of noteholders (comprising international institutions and funds) in a successful restructuring of the New York-law governed $275 million senior notes issued by Hong Seng Limited and guaranteed by Hong Yang Group Company Limited (the “Company”), the controlling shareholder of Hong Kong-listed companies Redsun Properties Group Limited (HKSE: 1996) and Redsun Services Group Limited (HKSE: 1971). The Restructuring Effective Date occurred on August 19, 2024. Like many of its industry peers, the Redsun group of companies has been negatively impacted by the ongoing debt crisis in the Chinese real estate sector since mid-2021. After almost two years of negotiations with the Company and various stakeholders, together with multiple disputes in winding-up proceedings in Hong Kong and other forums, the restructuring was implemented consensually by way of a scheme of arrangement in the British Virgin Islands. The Kirkland team was led by restructuring partners Neil McDonald and Wei-Yang Lim and associates Mavis Sun and Zhao Wang Teo, and included debt finance partner Jacqueline Zheng and associate Varian Koh; litigation partner Fergus Saurin and associate Kevin Leung; capital markets partners Cedric Van den Borren and Michael Taufner and associate Serguei Chevtchenko; and restructuring partner Anthony Wijaya.

Sep 1

1 min

Kirkland & Ellis is advising J.P. Morgan Securities (Asia Pacific) Limited as exclusive financial adviser to the offeror, L’Occitane Groupe S.A., on the proposed privatisation of L’Occitane International S.A. (HKSE: 973). L’Occitane is a global leader in the premium beauty market with more than 3,000 retail outlets, including approximately 1,300 owned stores across 90 countries. The transaction will be funded through a combination of external debt facilities provided by Crédit Agricole Corporate and Investment Bank (CA-CIB), with additional financing capital provided by funds managed by Blackstone Inc. and its affiliates and Goldman Sachs Asset Management International or its affiliates. Read L’Occitane’s announcement The Kirkland team is led by corporate partner Joey Chau, with support from corporate partner Brian Ho and debt finance partners Jacqueline Zheng and Sean Zhang.

Apr 30

1 min

Kirkland & Ellis acted as the U.S. legal counsel to certain affiliates of Bain Capital on the proposed $3.16 billion take-private of Chindata Group Holdings Limited (NASDAQ: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets. Certain affiliates of Bain Capital, together with a number of existing and new investors, will acquire all of the outstanding shares of the Company at $4.30 per ordinary share or $8.60 per ADS. The transaction was signed on August 11, 2023. Read Bain Capital’s press release The Kirkland team was led by transnational partners Gary Li, Sarkis Jebejian, Pierre-Luc Arsenault and Min Lu. The team also included debt finance partner Jacqueline Zheng; capital markets partners Joshua Korff, Michael Kim, Ann Becchina and Louis Rabinowitz; tax partner Mike Carew; litigation partners Matthew Solum and Paul Quinn; and government and internal investigations partners Cori Lable and Yue Qiu.

Aug 14

1 min