Milbank LLP has been recognized as Construction & Infrastructure Firm of the Year at the China Business Law Journal 2024 China Business Law Awards.
The firm advised on several key projects over the past year, including representing ICBC and other global lenders in a US$11 billion loan to the Ministry of Finance of the Kingdom of Saudi Arabia. The 10-year loan is intended to finance, among other things, infrastructure projects and to be used for general budgetary purposes of the Kingdom and involved 14 international financial institutions spanning Asia, the Middle East, Europe, and the US as original lenders and advising China Export-Import Bank in a US$300 million loan facility to Africa Finance Corporation (AFC) and a US$600 million loan facility to African Export-Import Bank which will support AFC’s work as a leading solutions provider in the core infrastructure sectors of power, natural resources, heavy industry, transport and telecommunications.
Milbank’s team in Beijing regularly counsels Chinese and international clients on a wide range of cross-border transactions and financings, offering in-depth experience and capabilities in transacting with government agencies and state-owned enterprises as well as in the private sector working with Chinese and international clients.
China Business Law Journal conducted extensive research and evaluations to identify the top-performing firms in each field, which included hundreds of submissions and thousands of comments from corporate executives, in-house counsel and senior practitioners.
Learn more about the 2024 China Business Law Awards.