Insights and Analysis
AI-washing – when AI hype becomes a litigation risk
Eric Tan
Partner Corporate & Finance
Languages
English, Mandarin, Cantonese, French, Japanese
Eric is consistently recognised by leading legal directories, including Chambers and Legal 500, as a leading banking practitioner reflecting his standing as a go-to adviser on complex Banking & Finance matters.
Eric is qualified in English & Wales, Singapore and Hong Kong. He is fluent in English, Mandarin and Cantonese.
Haitong International Capital Limited in respect of a HK$280M loan backed by pre-IPO shares of a property management entity, Mangrove 3 Ltd. *
UBS AG in respect of a US$100M facility to a Singapore holding company collateralized by the pre-IPO shares of a major online travel company with extensive footprint in Southeast Asia.*
Natixis and ING on coordinated multi-million parallel margin loans granted to a major Chinese conglomerate’s ultimate holding company secured by listed securities on the Hong Kong stock exchange.*
Charoen Pokphand Group on structured share-backed financing arrangements involving bespoke deal structures and securities listed on the Hong Kong stock exchange and the Tokyo stock exchange.*
Societe Generale, ANZ and a group of lead banks on a multicurrency subscription facility to Trustar Capital Partners, being general partner of CITIC Fund V.*
A leading global bank as lead arranger in respect of a USD subscription line facility for CMBC Capital.*
Societe Generale and a syndicate of banks in respect of the subscription facility to GLP Capital Partners in respect of its Asian logistics fund (with parallel and feeder fund structures). *
A leading global bank, Standard Chartered Bank and a group of syndicate banks on the sustainability loan financing to the Brunp group supported by guarantees issued by CATL.*
BNP Paribas leading a syndicate of regional banks in respect of a series of financings to Eastern Steel Group’s multi-phase steel production facilities in Terengganu, Malaysia. *
China Construction Bank and a group of syndicate banks on the RMB3.65bn sustainability-linked term loan for Poly Property Group to refinance Ease Trade Global guaranteed senior notes.*
DBS in respect of the HKD1bn sustainability-linked revolving credit facility for MTR Corporation Limited for general corporate purposes.*
ICBC International on a convertible loan to Lesso Home International. The loan was structured to be convertible into the shares of the borrower with adjustment mechanisms for equity dilution.*
Credit Suisse on a US$200M secured facility to New Oriental Education group for the purposes of the group’s financing needs.*
DBS Bank and a syndicate of banks on a pre-IPO financing to Guodong Group to facilitate the group’s corporate restructuring with a view of listing on an Asian stock exchange.*
SPDB International on a pre-IPO financing to founder group of Yunkang Health Group for the purposes of the group’s restructuring with a view of listing on the Hong Kong stock exchange. *
C Flow Capital on acquisition of certain debt assets from a leading global bank and the repacking of the assets into senior and mezzanine debt instruments for investment by private fund investors.*
JPMorgan in respect of an acquisition financing for Nimm Pte. Ltd. for the acquisition by the borrower of certain equity assets in Southeast Asia.*
ICBC International and CNCB Capital as co-arrangers in respect of an acquisition facility to Vesco Holdings for the acquisition of the shares of a mining asset in Mexico.*
Banco Santander in respect of an acquisition financing to Univers Pte. Ltd. for the acquisition of assets in the renewable energy field.*
Industrial Bank on privatisation financing via an MBO scheme of arrangement of a major Chinese traditional medicine group in Hong Kong.*
*Matter handled prior to joining Hogan Lovells.