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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