Skadden, Freshfields act on ZTO’s $1.55 bln HK secondary listing
BY Aparna Sai |Skadden, Arps, Slate, Meagher & Flom and Global Law Office Shanghai have advised Chinese courier ZTO Express on its $1.55 billion secondary listing on the Hong Kong Stock Exchange, with Freshfields Bruckhaus Deringer and JunHe counselling the sponsor and the underwriters.
Davis Polk, STB advise on pharma firm’s $761 mln HK secondary listing
BY Aparna Sai |Davis Polk & Wardwell, Zhong Lun Law Firm and have advised Chinese biopharmaceutical company Zai Lab’s on its $761 million secondary listing on the mainboard of the Hong Kong Stock Exchange, with Simpson Thacher & Bartlett and Commerce & Finance Law Offices advising the underwriters.
A&O advises on the Kingdom of Thailand’s first sustainability bond
BY Aparna Sai |Magic Circle firm Allen & Overy has advised Bangkok Bank, Bank of Ayudhya and Standard Chartered on the Kingdom of Thailand’s 30-billion-baht ($965 million) dual-tranche sustainability bond issuance.
AZB, Links, CAM, K&S, Trilegal involved in $980 mln India-Japan energy deal
BY Aparna Sai |AZB & Partners and Linklaters have advised Japanese financial services group Orix on its $980 million investment in India’s Greenko Energy Holdings (GEH), which was represented by Cyril Amarchand Mangaldas and King & Spalding.
Freshfields, Sidley, STB advise on Yum China’s $2.2 bln HK secondary listing
BY Aparna Sai |Sidley Austin has advised Yum China Holdings on its HK$17.3 billion ($2.2 billion) secondary listing on the mainboard of the Stock Exchange of Hong Kong, with Freshfields Bruckhaus Deringer and Simpson Thacher & Bartlett counselling the sole sponsor, underwriters, joint global coordinators and bookrunners.
CAM, Khaitan, NDA, AZB act on $3.4 bln India telecom tower sale
BY Aparna Sai |Cyril Amarchand Mangaldas has represented India’s Reliance Group on the $3.4 billion sale of its Tower Infrastructure Trust to British Columbia Investment Management Corp
CAM, TTA, AZB act on India insurance demerger
BY Aparna Sai |Cyril Amarchand Mangaldas and Talwar Thakore & Associates have represented Bharti AXA General Insurance and Bharti General Ventures on the demerger of Bharti AXA’s general insurance business with ICICI Lombard General Insurance, which was counselled by AZB & Partners.
SAM, Khaitan, Trilegal, Wadia act on $3.38 bln India logistics deal
BY Aparna Sai |Shardul Amarchand Mangaldas and Khaitan & Co. have advised India’s Reliance Retail Ventures on its purchase of retail businesses of conglomerate Future Group for 247.13 billion rupees ($3.38 billion). The seller was represented by Trilegal and Wadia Ghandy & Co.
Freshfields, CC lead on bottled water company’s $1.08 bln HK IPO
BY Aparna Sai |Freshfields Bruckhaus Deringer and Jingtian & Gongcheng have advised Chinese bottled water and beverage company Nongfu Spring's on its $1.08 billion initial public offering on the Hong Kong Stock Exchange, with Clifford Chance and Tian Yuan Law Firm representing the joint sponsors and underwriters.
Asia Deals: Week of September 7
BY Rowena Muñiz |Allen & Gledhill on HSBC’s $5.1 bln EMTN programme, Khaitan, AZB, CAM, and Nishith Desai on BCI’s $3.4 bln acquisition, and much more in this week’s Asia Deals roundup.
ACCRALAW, A&O, Latham act on the Philippines’ first REIT IPO
BY Aparna Sai |Angara Abello Concepcion Regala & Cruz Law Offices (ACCRALAW), Allen & Overy and Dechert advised the Ayala Land-backed AREIT on its $276.65 million IPO, with Picazo Buyco Tan Fider & Santos Law Offices and Latham & Watkins representing the lead managers and book runners.
ZICO, CC, ASL involved in Axiata’s landmark $1.5 bln issuance
BY Aparna Sai |Zaid Ibrahim & Co has advised Axiata Group, the largest Asian telecommunications group, on its dual offering of $500 million 10-year trust certificates and $1 billion 30-year senior notes, with Clifford Chance and Adnan, Sundra & Low representing the arrangers and the bookrunners.