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by Legal Desire
15 November 2025

Latham Advises on Sunac’s US$9.6 Billion Offshore Debt Restructuring

Advising firms

Deal team

4 lawyers named
LawyerFirmSeniorityPracticeOffice
Howard Lam Lead Latham & Watkins LLP Partner restructuring Hong Kong
Flora Innes Latham & Watkins LLP Counsel Not stated Not stated
Shirley Zhang Latham & Watkins LLP Associate Not stated Not stated
Michael Hardy Latham & Watkins LLP Partner structured finance Hong Kong

Stated terms

Stated value
USD 9.60bn (US$9.6 billion)
What the figure measures
Total transaction value
Client
an ad hoc group of bondholdersInvestor
Counterparties
Sunac China Holdings Limited (Borrower)