Jurisdiction – India

Firm

Deal

Value

Client

Lawyer(s) involved

Amarchand & Mangaldas & Suresh A. Shroff Co

Jindal Steel & Power’s launch of its buy-back offer for equity shares

Up to

Rs. 1,000 crores

($157.9 million)

1.Jindal Steel & Power Ltd

2.JM Financial Institutional Securities Pvt Ltd

Prashant Gupta (Partner)

 

Monal Mukherjee (Principal associate)

 

Manjari Tyagi

(Senior associate)

AZB & Partners

Bright Buildtech’s private placement of listed NCDs to the FII arm of Red Fort Capital

Rs. 3.65 billion

($57.6 million)

Lotus Green Developers Group

Hardeep Sachdeva

(Partner)

 

Divyata Shergill

(Associate)

AZB & Partners

Syndication by ICICI Bank of term loan facility to Small Industries Development Bank of India in Ras Infraport

Rs. 500 million ($7.9 million)

1.ICICI Bank Ltd 2.Small Industries Development Bank of India

Bahram Vakil

(Partner)

 

Debashree Dutta

(Associate)

Dhir & Dhir Associates

Loan grant for RKM Powergen for part financing of proposed Chhattisgarh thermal power project

Rs. 434.52 crores

($68.6 million)

Power Finance Corp-led lender consortium

Girish Rawat (Associate partner)

 

Guranpreet Sarna (Associate)

 

Malvika Tayal (Associate)

Dhir & Dhir Associates

PTC India Financial Services’ down-selling of part of loan sanctioned by it to Renew Wind Energy (Rajkot) to Canara Bank

Total loan amount:

Rs. 93.59 crores

($14.8 million)

PTC India Financial Services Ltd

Girish Rawat (Associate partner)

 

Guranpreet Sarna (Associate)

Gibbons P.C.

(International counsel)

Quest Diagnostics India’s sale of HemoCue branded diagnostic kits import and distribution business to DHR Holding India

$300 million

Quest Diagnostics Inc

Frank Reilly

(Junior director)

Khaitan & Co

DBS Bank’s grant of an external commercial borrowing facility to IPCA Laboratories

$10 million

DBS Bank Ltd, Mumbai branch

Devidas Banerji

(Partner)

Khaitan & Co

Quest Diagnostics India’s sale of HemoCue branded diagnostic kits import and distribution business to DHR Holding India

$300 million

Quest Diagnostics Inc

Rabindra Jhunjhunwala

(Partner)

 

Daksha Baxi,

Dinesh Agarwal (Executive directors)

Khaitan & Co

SREI Infrastructure Finance’s public issue of secured redeemable non-convertible debentures

Rs. 2,000 million

($31.6 million)

SREI Infrastructure Finance Ltd

N.G. Khaitan

(Senior partner)

Jurisdiction – Malaysia

Firm

Deal

Value

Client

Lawyer(s) involved

Azmi & Associates

Malaysian Building Society’s Islamic structured term financing facility for a university campus construction

$66.5 million

Malaysian Building Society Bhd

Ahmad Lutfi,

Farhah Hayati

(Partners)

Jurisdiction – Singapore

Firm

Deal

Value

Client

Lawyer(s) involved

Allen & Gledhill

Boustead Singapore’s

multicurrency debt issuance programme

S$500 million

($394.2 million)

HSBC Ltd

Margaret Chin,

Sunit Chhabra,

Magdalene Leong

(Partners)

Allen & Gledhill

Financing of the acquisition of various seed properties related to Soilbuild REIT’s establishment and IPO

S$285 million

($224.7 million)

1.Citigroup Global Markets Singapore Pte Ltd

2.DBS Bank Ltd

3.Oversea-Chinese Banking Corp Ltd

4.HSBC Ltd

5.United Overseas Bank Ltd

Lim Wei Ting

(Partner)

Allen & Gledhill

Soilbuild REIT’s acquisition of seven properties with master lease agreements for some

$905.3 million

 

Soilbuild REIT

Ho Kin San,

Serena Choo

(Partners)

Allen & Gledhill

Soilbuild REIT’s IPO launch

S$457.5 million

($360.7 million)

1.SB REIT Management Pte Ltd

2.Soilbuild Group Holdings Ltd

Jerry Koh,

Long Pee Hua,

Teh Hoe Yue

(Partners)

Allen & Gledhill

Suntec REIT’s euro medium-term note programme

$1.5 billion

1.ARA Trust Management (Suntec) Ltd

2.Suntec REIT MTN Pte Ltd

Margaret Chin,

Ong Kangxin,

Sunit Chhabra

(Partners)

Norton Rose Fulbright

 

DBS Bank’s grant of an external commercial borrowing facility to IPCA Laboratories

$10 million

DBS Bank Ltd, Mumbai branch

Selene Tan

(Of counsel)

Where exact value is not known, ALB will use an approximate value based on available market data or coverage.

 

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