Skadden, Arps, Slate, Meagher & Flom has advised CEMEX Holdings Philippines on its 25.1 billion peso ($535 million) initial public offering on the Philippine Stock Exchange, with Cleary Gottlieb Steen & Hamilton advising the joint bookrunners.    

The IPO is Southeast Asia's second largest to date for 2016 and the Philippines' biggest since 2013. CEMEX Holdings Philippines is unit of Mexican cement giant CEMEX.

The Skadden team that worked on the transaction included partners Gregory Fernicola, Rajeev Duggal and Jonathan Stone.

Citigroup Global Markets Limited, The Hong Kong and Shanghai Banking Corporation Limited, Singapore branch, and J.P. Morgan Securities acted as joint global coordinators and joint bookrunners, while BDO Capital & Investment Corporation served as the domestic lead underwriter for the transaction.

 

Related Articles

Deals

CC, Davis Polk act on ChaPanda’s $330 mln Hong Kong IPO

by Charlie Wu 吴卓言 |

Davis Polk & Wardwell and Jingtian & Gongcheng have advised Sichuan Baicha Baidao, a Chinese low-priced tea chain also known as ChaPanda, on its $330 million IPO on the Hong Kong Stock Exchange, with Clifford Chance and King & Wood Mallesons acting for the sponsor CICC and underwriters.

Deals

Skadden, AMT, MHM, Davis Polk advise on Trial Holding’s $258 mln Japan IPO

by Nimitt Dixit |

Skadden, Arps, Slate, Meagher & Flom and Anderson Mori & Tomotsune have advised Japanese discount-store chain operator Trial Holdings on its $258 million initial public offering on the Tokyo Stock Exchange (TSE), the largest IPO of the year so far.

Deals

Cleary, Freshies lead on China shoemaker’s planned $1 bln HK IPO

by Rowena Muñiz |

Cleary Gottlieb Steen & Hamilton and JunHe are advising Chinese footwear and apparel maker Belle Fashion Group on its planned Hong Kong IPO that is set to raise between $500 million and $1 billion. Freshfields Bruckhaus Deringer and Haiwen & Partners are representing the joint sponsors.