Nearly a decade in offshore debt markets.
Our team’s track record spans USD, JPY and CNH financings, with early experience in Chinese state-owned infrastructure issuers and more recent work with emerging-market corporate credits.
US$1.1 Billion
Cumulative offshore USD bond transaction experience involving Mainland Chinese issuers.
JPY 63 Billion
Cumulative offshore JPY bond transaction experience.
RMB 1.6 Billion
CNH bond transaction experience for emerging-market industrial issuers since 2025.
From Chinese infrastructure credits to international CNH.
The common thread has been credit complexity: understanding what supports repayment, what investors require and how structure changes execution.
Offshore USD and JPY debt
Primary experience with Mainland Chinese issuers, particularly state-owned infrastructure companies in Sichuan and Jiangsu.
Emerging-market CNH
Expansion into CNH bonds for industrial and corporate issuers in emerging markets.
Broader international issuer coverage
Corporate, public-sector, quasi-sovereign and sovereign-related borrowers evaluating Asian capital and offshore RMB funding.
We are most useful when the credit needs explanation.
High-yield transactions are rarely solved by headline ratings alone. Investors want to know where repayment comes from, how support works and what changes if assumptions fail.
Credit Narrative
Translate operating reality into the risk questions debt investors will underwrite.
Support Structure
Use guarantees, shareholder support or other enhancement only where they materially improve risk allocation.
Execution Discipline
Balance cost, speed and certainty rather than optimize one variable in isolation.