Skadden, Arps, Slate, Meagher & Flom has advised two large Chinese TMT companies in corporate finance deals that closed this week.
Led by Hong Kong corporate partners Julie Gao and Jonathan Stone, Skadden advised Baidu on its $1.5 billion SEC-registered notes issuance. The offering comprised $750 million 2.25 percent notes due 2017, and $750 million 3.5 percent notes due 2022.
Gao also advised YY Inc, a Chinese communication social platform with over 400 million users, on its $82 million IPO and listing on the NASDAQ.
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