Jurisdiction – India
Firm Deal Value Client Lawyer(s) involved Amarchand & Mangaldas & Suresh A. Shroff Co DEN Networks’ qualified institutional placement of equity shares Rs. 2,711.42 million ($49 million) Book running lead managers: 1.Deutsche Equities India Pvt Ltd 2.IDFC Capital Ltd 3.Elara Capital (India) Pvt Ltd Prashant Gupta (Partner) Agnik Bhattacharyya (Senior associate) Riddhi Shah, Ishita Khandelwal (Associates) Amarchand & Mangaldas & Suresh A. Shroff Co Fortis Healthcare’s institutional placement programme Rs. 320 crores ($58 million) Fortis Healthcare Yash Ashar (Partner) Amarchand & Mangaldas & Suresh A Shroff & Co Piramal Enterprises’ acquisition of 10 percent stake in Shriram Transport Finance Company Rs. 1600 crores ($292 million) Piramal Enterprises Ltd Cyril Shroff (Mumbai managing partner) Leena Chacko, Amita Choudary Katragadda (Partners) AZB & Partners Acquisition of 74 percent stake in GMR Jadcherla Expressway Ltd Rs. 2 billion ($39 million) 1.Macquarie SBI Infrastructure Investments Pte Ltd 2.SBI Macquarie Infrastructure Trustee Ltd Bahram Vakil (Partner) Qais Jamal (Associate) AZB & Partners Airtel’s acquisition of remaining 30 percent shareholding in Airtel Bangladesh Confidential Bharti Airtel Holdings (SG) Pte Ltd Gautam Saha (Partner) Sachin Mehta (Associate) AZB & Partners Alok Industries’ issue of equity shares Rs. 5.5 billion ($100 million) Alok Industries Ltd Kalpana Merchant (Partner) Lionel Almeida (Associate) AZB & Partners Bain Capital & Golden Gate Capital-led private equity investors consortium’s buyout of BMC Software $6.9 billion Bain Capital & Golden Gate Capital Essaji Vahanvati (Partner) Rina Goyal, Nandan Pendsey (Associates) AZB & Partners Baring Private Equity Asia’s acquisition of 14 percent stake in Lafarge India Rs. 14 billion ($257 million) Financière Lafarge Essaji Vahanvati (Partner) Varoon Chandra (Associate) AZB & Partners FMO’s acquisition of foreign currency convertible bonds issued by Jain Irrigation Systems Rs. 273 million ($5 million) Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden (FMO) Gautam Saha (Partner) AZB & Partners ICEL’s acquisition of NRPPL’s compulsorily convertible debentures Confidential India Clean Energy II Ltd (ICEL) Gautam Saha (Partner) Heena Singh (Associate) AZB & Partners International Finance Corp’s acquisition of Butterfly Marketing’s shares Rs. 350 million ($6.4 million) International Finance Corp Gautam Saha (Partner) Shuchi Sinha (Associate) AZB & Partners International Finance Corp’s acquisition of 10 percent shareholding in Green Delta Insurance Company Rs. 596 million ($10.9 million) International Finance Corp Gautam Saha (Partner) Shuchi Sinha (Associate) AZB & Partners Kohlberg Kravis Roberts’ acquisition of 87.48 percent of the equity shareholding and 97.76 percent of preference shareholding in Alliance Tire Group Undisclosed Kohlberg Kravis Roberts Samir Gandhi (Partner) Rahul Rai, Bidisha Das (Associates) AZB & Partners Proparco’s acquisition of foreign currency convertible bonds issued by Jain Irrigation Systems Rs. 273 million ($5 million) Société de Promotion Et De Participation Pour La Coopération Économique (Proparco) Gautam Saha (Partner) AZB & Partners Religare Enterprises’ issue of non- convertible debentures Rs. 5.5 billion ($100 million) Religare Enterprises Ltd Gautam Saha (Partner) Shuchi Sinha, Srishti Sharma (Associates) AZB & Partners Rolta’s issue of 10.75 percent senior notes Rs. 10.8 billion ($200 million) Rolta India Ltd Shuva Mandal (Partner) Varoon Chandra, Rinki Ganguli, Manan Mehta (Associates) AZB & Partners Tata Power Company’s acquisition of 40 percent stake in Adjaristqali Netherlands BV Rs. 39.36 billion ($280 million) Tata Power Company Ltd Shameek Chaudhuri (Partner) Qais Jamal (Associate) AZB & Partners TCIL’s acquisition of 74 percent stake in Ikya Human Capital Solutions Rs. 2.56 billion ($ 47 million) Thomas Cook (India) Ltd (TCIL) Ashwin Ramanathan (Partner) Nandish Vyas, Bhavi Sanghvi (Associates) AZB & Partners TCIL’s institutional placement programme Rs. 1.8 billion ($33.6 million) 1.Thomas Cook (India) Ltd (TCIL) 2.ICICI Securities Ltd 3.India Infoline Ltd Ashwin Ramanathan (Partner) Varoon Chandra, Bhavi Sanghvi, Lionel D’ Almeida (Associates) AZB & Partners TBWA Singapore’s acquisition of majority stake in Magnon Solutions Undisclosed TBWA Singapore Pte Ltd Gautam Saha (Partner) Amrita Patnaik (Associate) Desai & Diwanji Fortis Healthcare’s institutional placement programme Rs. 320 crores ($58 million) GIC Special Investments Vishwang Desai, Srishti Ojha (Partners) Ishita Kashyap (Associate) Dhir & Dhir Associates Indian Renewable Energy Development Agency’s private placement of tax free bonds Rs. 50 crores ($9.1 million) Indian Renewable Energy Develop-ment Agency Ltd Girish Rawat (Principal associate) Jay Cheema (Partner) Dhir & Dhir Associates Power Finance Corp-led lender consortium’s loan extension to Dans Energy Rs. 120.75 crores (~$22 million) Power Finance Corp-led lender consortium Girish Rawat (Principal associate) Jay Cheema (Partner) Guranpreet Sarna, Jyoti Ojha (Associates) Indus Law DEN Networks’ qualified institutional placement of equity shares Rs. 2,711.42 million ($49 million) DEN Networks Gaurav Dani (Partner) Divya Verghese (Senior Associate) Kaustav Banerjee, Abhishek Bansal, Aakriti Shakdher, Arpita Anand (Associates) Jones Day DEN Networks’ qualified institutional placement of equity shares Rs. 2,711.42 million ($49 million) Book running lead managers: 1.Deutsche Equities India Pvt Ltd 2.IDFC Capital Ltd 3.Elara Capital (India) Pvt Ltd Manoj Bhargava (Partner) Nikhil Naredi, Kevin Khan (Associates) Sophie Kidson (Paralegal) J. Sagar Associates ONGC Videsh’s Ltd issue of 2.5 percent and 3.75 percent guaranteed notes due 2018 and 2023 respectively $300 million and $500 million Joint lead managers: 1.Citigroup Global Markets Ltd 2.Deutsche Bank AG, SG branch 3.The Royal Bank of Scotland Dina Wadia (Partner) Uttara Kolhatkar (Senior associate) Khaitan & Co Hitachi Home & Life Solutions (India) Ltd’s issue of rights Rs. 59.79 crores ($11 million) Hitachi Home and Life Solutions (India) Ltd Nikhilesh Panchal (Partner) Khaitan & Co Kagome’s joint venture with Ruchi Soya Industries and Mitsui & Co Undisclosed Kagome Co Ltd Vaishali Sharma Khaitan & Co Tata Communications (Netherlands) B.V’s issue of 4.25 percent senior notes due 2016 $250 million Tata Communications Ltd Sharad Abhyankar, Nikhilesh Panchal, Sanjay Sanghvi (Partners) Luthra & Luthra Law Offices Fortis Healthcare’s institutional placement programme Rs. 320 crores ($58 million) Lead managers: 1.Standard Chartered 2.JP Morgan 3.Religare Madhurima Mukherjee (Partner)
Jurisdiction – Malaysia
Firm Deal Value Client Lawyer(s) involved Norton Rose SapuraKencana Petroleum’s acquisition of Seadrill Tender Rig’s entire issued share capital $2.9 billion Standard Chartered Bank Yu-En Ong, Gervais Green, Robert Driver (Partners) Grant Schulz (Senior associate) Lishi Fong, Sue Ann Gan (Associates) Watson, Farley & Williams SapuraKencana Petroleum’s acquisition of Seadrill Tender Rig’s entire issued share capital $2.9 billion SapuraKencana Petroleum Bhd Andrew Nimmo, Nicholas Hanna (Partners) Lizzie Roe, Catherine Allcock, Neil Calder (Associates)
Jurisdiction – Thailand
|
Firm |
Deal |
Value |
Client |
Lawyer(s) involved |
|
Ashurst |
Financing of two Thai solar power projects being developed by Bangchak Solar Energy Co Ltd |
Undisclosed |
Lenders: 1.Asian Development Bank 2.Siam Commercial Bank Public Co Ltd |
Matthew Bubb, Patrick Phua (Partners) Howard Manning (Senior associate) Andrew Smith, Yichen Cui (Associates) Maximilian Boemke (Counsel) |
|
Chandler and Thong-ek Law Office |
Financing of two Thai solar power projects being developed by Bangchak Solar Energy Co Ltd |
Undisclosed |
Lenders: 1.Asian Development Bank 2.Siam Commercial Bank Public Co Ltd |
Albert Chandler (Senior partner) Jessada Sawatdipong (Partner) |
|
LS Horizon |
Financing of two Thai solar power projects being developed by Bangchak Solar Energy Co Ltd |
Undisclosed |
Bangchak Solar Energy Co Ltd |
Chaipat Kamchadduskorn (Partner) |
Jurisdiction – Singapore
Firm Deal Value Client Lawyer(s) involved Allen & Gledhill Auric Pacific Group’s multicurrency medium-term note programme S$500 million ($399.1 million) 1.HSBC Ltd 2.The Bank of New York Mellon, SG branch Margaret Chin, Magdalene Leong, Daselin Ang, Sunit Chhabra (Partners) Allen & Gledhill Courts Asia’s multicurrency debt issuance programme and inaugural issue S$500 million ($399.1 million) 1.DBS Bank Ltd 2.HSBC Ltd 3.HSBC Institutional Trust Services (SG) Ltd Au Huey Ling, Ong Kangxin Daselin Ang, Sunit Chhabra (Partners) Allen & Gledhill VAH Newco No.2’s acquisition of Skywest Airlines’ entire issued share capital S$125 million (~$100 million) VAH Newco No.2 Pty Ltd Christopher Koh, Hilary Low (Partners) Latham & Watkins TBG Global’s debut offer of 4.625 percent senior unsecured notes due 2018 $300 million TBG Global Pte Ltd Michael Sturrock, Sharon Lau (Partners) Marcus Lee, Alex Ye (Associates) Linklaters Fortis Healthcare’s institutional placement programme Rs. 320 crores ($58 million) Lead managers: 1.Standard Chartered 2.JP Morgan 3.Religare WongPartnership Temasek Holdings’ setting up investment unit Pavilion Energy to focus on LNG Not applicable Temasek Holdings (Pvt) Ltd Ng Wai King (Joint managing partner) Mark Choy, Ameera Ashraf, Tay Peng Cheng (Partners) WongPartnership UE Centennial Venture’s mandatory conditional offer to acquire WBL Corp’s entire issued ordinary stock units and convertible bonds S$1.25 billion ($10 million) WBL Corp Ltd Ng Wai King (Joint managing partner) Chan Sing Yee (Partner)
Where exact value is not known, ALB will use an approximate value based on available market data or coverage.
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