David Milligan

Norton Rose Fulbright Hong Kong

Hong Kong SAR
Hong Kong SAR
T:+852 3405 2338
Hong Kong SAR
Hong Kong SAR
T:+852 3405 2338
David Milligan

David Milligan


Related services and key industries


David Milligan is a banking and finance lawyer based in Hong Kong. David advises banks and borrowers on a wide range of financings, with a particular focus on trade and structured trade finance, export credit finance and secured and unsecured syndicated lending.

Since transferring from London to our Hong Kong office in 2011, he has worked on cross-border financing transactions in many jurisdictions across Asia, including the People’s Republic of China, Hong Kong, Indonesia, Vietnam, Thailand, Malaysia, India and Bangladesh.

Professional experience

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1999-2003: Durham University - LLB (European Legal Studies)

2001-2002: Université de Rouen - French law

2003-2004: Nottingham Law School - Legal Practice Course

  • Solicitor, qualified in England & Wales
  • Solicitor, qualified in Hong Kong
  • HSBC - on four separate ECA-backed facilities (with a total facility amount of over US$1.1bn) to state-owned companies in Bangladesh for the construction of power stations; several loan facilities provided to PRC property developers where security was shared with existing bondholders; and many secured and unsecured bilateral or club loan facilities provided to borrowers in India and Vietnam. 
  • European bank - on the secured loan provided to a FinTech company which runs one of Hong Kong's leading online lending platforms.
  • Hang Seng Bank - on the HK$400m secured facility provided to China SCE Property Holdings Limited; and several syndicated loan facilities provided to Real Estate Investment Trusts (REITs).
  • Major European banks - on a limited recourse prepayment financing provided to a European commodities trader for the purchase of aluminium from an Asian supplier.
  • Major European banks - on four separate prepayment financings provided to a Hong Kong company in connection with the purchase of copper from a PRC producer.
  • Syndicate of 25 international banks - on the US$1.5bn syndicated term loan facility provided to Huawei Tech Investment and Huawei Technologies Cooperatief.
  • Chinese property developer - on complex negotiations for a US$400m loan financing which was entered into at the same time as a rights issue and tender offer.
  • Credit Agricole - on the Finnvera-backed US$100m facility provided to Indian telecommunications company, Idea Cellular Limited, to purchase equipment from Nokia.

Rising Star Award, IFLR Asia, 2016