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Jurisdiction – India

Firm

Deal

Value

Client

Lawyer(s) involved

Amarchand & Mangaldas & Suresh A. Shroff & Co

Hiving-off of BASPA Hydro Electric Project Stage-II and Karcham Wangtoo Hydro Electric Project to a JPVL wholly owned subsidiary, Himachal Baspa Power Company

Rs. 9,700 crores

($1,567.2 million)

JSW Energy Ltd

L. Vishwanathan,

Tushar Mavani,

Ramanuj Kumar

(Partners)

 

Prateek Shroff,

Abhimanyu Ghosh (Senior associates)

Amarchand & Mangaldas & Suresh A. Shroff & Co.

Wockhardt Hospitals’ strategic revenue sharing tie-up with The Umrao Institute of Medical Science and Research

Undisclosed

Wockhardt Hospitals Ltd

Ashish Jejurkar

(Partner)

AZB & Partners

Bluewater Investment‘s investment in Laurus Labs

Rs. 5.5 billion

($90 million)

Bluewater Investment Ltd

Essaji Vahanvati

(Partner)

 

Sayak Maity

(Associate)

AZB & Partners

Hero MotoCorp’s sale of 4.28 percent of its total paid-up equity share capital

Rs. 24 billion

($400 million)

Bain Capital

Anil Kasturi

(Partner)

 

Nandita Govind

(Associate)

AZB & Partners

Itochu Petroleum’s acquisition of 40 percent stake in Aegis Group International from Aegis Logistics

Rs. 355 million

($5.9 million)

Aegis Logistics Ltd

Abhijit Joshi

(Associate)

AZB & Partners

Life Healthcare International Proprietary’s acquisition of Max Healthcare Institute’s shares from Max India

Rs. 7.6 billion

($125 million)

Max Group

Anil Kasturi,

Samir Gandhi

(Partners)

 

Niladri Maulik

(Senior associate)

BMR Legal

Times Internet’s acquisition of majority stake in Akuate Internet Services

Undisclosed

Times Internet Ltd

 

Clifford Chance

CESC’s qualified institutional placement

$82 million

Bookrunning lead managers:

1.CLSA India Private Ltd
2.Citigroup Global Markets India Private Ltd
3.Credit Suisse Securities (India) Private Ltd
4.ICICI Securities Ltd
5.Kotak Mahindra Capital Company Ltd
6.IDFC Securities Ltd

Rahul Guptan
(Partner)

 

Thomas Kollar
(Consultant)

 

Kamil Gérard Ahmed
(Senior associate)

Dhir & Dhir Associates

Loan grant to Abellon Eco Equipments

Rs. 140 million

($2.3 million)

PTC India Financial Services Ltd

Girish Rawat (Associate partner)

 

Guranpreet Sarna (Senior associate)

 

Jyoti Ojha

(Associate)

Dhir & Dhir Associates

Loan grant to ReNew Wind Energy (Rajkot)under the Government of India’s Takeout Finance Scheme

Rs. 416 million

($6.7 million)

India Infrastructure Finance Co Ltd

Girish Rawat (Associate partner)

 

Jyoti Ojha

(Associate)

DSK Legal

Hollingsworth & Vose Company’s purchase of Raman FibreScience’s 100 percent equity shares

Undisclosed

Hollingsworth & Vose Company

 

Economic Laws Practice

Helion Venture Partners III’s investment in ID Fresh Food (India)

Rs. 35 crores

($56.6 million)

ID Fresh Food (India) Pvt Ltd

Suhail Nathani (Partner)

 

Vinayak Burman (Associate partner)

 

Archana Khosla (Senior associate)

 

Trishna Sharma (Associate)

HSA Advocates

Sula Shipping & Logistics’ transaction with Jindal SAW to acquire 26 percent equity in a restructured Jindal ITF

Undisclosed

Sula Shipping & Logistics Pvt Ltd

Aparajit Bhattacharya,

Harvinder Singh (Partners)

 

Devika Chadha

(Associate)

J. Sagar Associates

Hollingsworth & Vose Company’s purchase of Raman FibreScience’s 100 percent equity shares

Undisclosed

Raman FibreScience Pvt Ltd

Murali Ananthasivan

(Partner)

 

Mary Julie John

(Senior associate)

 

Roy George,

Nishta Paul

(Associates)

J. Sagar Associates

Warburg Pincus’ acquisition of NeST Software

Undisclosed

NeST Software

Arjun Perikal

(Partner)

 

Neha Bhatia,

Jyothi D.T.

(Senior associates)

 

Nishta Paul, Rajashree Balasubramanium, Pallavi Banerjee

(Associates)

Khaitan & Co

Century’s inaugural Regulation S offering of 10.25 percent high-yield notes due 2019

$175 million

Mandated sole bookrunner and lead manager:

Deutsche Bank

 

Khaitan & Co

CESC’s qualified institutional placement

$82 million

CESC Ltd

Sudhir Bassi (Executive director)

 

Nikhilesh Panchal

(Partner)

Khaitan & Co

ICICI Bank, New York branch’s credit facility grant to JSW Steel Holdings (USA)

$40 million

ICICI Bank Ltd

Kumar Saurabh Singh

(Associate partner)

Khaitan & Co

Sagar Cements’ acquisition of BMM Cements

$90 million

BMM Cements Ltd

Ganesh Prasad

(Partner)

Khaitan & Co

Yes Bank’s term loan grant in multiple tranches to Transcon-Sheth Creators

$146 million

YES Bank Ltd

Shishir Mehta

(Partner)

 

Kumar Saurabh Singh

(Associate partner)

KK Associates

Wockhardt Hospitals’ strategic revenue sharing tie-up with The Umrao Institute of Medical Science and Research

Undisclosed

The Umrao Institute of Medical Science and Research (TUIMSAR)

 

Luthra & Luthra Law Offices

Century’s inaugural Regulation S offering of 10.25 percent high-yield notes due 2019

$175 million

Indiabulls Real Estate Ltd

Sudipta Routh

(Partner)

 

Saranya Nimmagadda, Anshuman Mozumdar,

Aparupa Saha

(Associates)

Luthra & Luthra Law Offices

CESC’s qualified institutional placement

$82 million

Placement agents:

1.CLSA

2.Citigroup

3.Credit Suisse

4.ICICI Securities 5.Kotak Mahindra Capital

6.IDFC Securities

Manan Lahoty (Partner)

 

Geeta Dhania,

Vishal Yaduvanshi, Ravi Dubey (Managing associates)

 

Theresa Thomas, Anjali Verghese, Sampada Bannurmath,

Ankit Jaiswal (Associates)

Luthra & Luthra Law Offices

Times Internet’s acquisition of majority stake in Akuate Internet Services

Undisclosed

Akuate Internet Services Pvt Ltd

Vikrant Kumar,

Lokesh Shah,

Gayatri Roy (Partners)

 

Vasudev Dibbur (Partner designate)

 

Karthikeyan R.S.,

Yeshaswi Narasimhan,

Kunal Gokhale (Associates)

 

Nirupam Lodha (Managing associate)

Samvad Partners

Times Internet’s acquisition of majority stake in Akuate Internet Services

Undisclosed

Times Internet Ltd

 

Singh & Associates, Advocates

Sula Shipping & Logistics’ transaction with Jindal SAW to acquire 26 percent equity in a restructured Jindal ITF

Undisclosed

1.Jindal SAW Ltd

2.Jindal ITF Ltd

Manoj Singh (Managing partner)

 

Gunita Pahwa (Partner)

Trilegal

Rolta Americas’ offer to exchange any and all of the outstanding 10.75 percent senior notes due 2018 of Rolta held by eligible holders for its newly issued 8.875 percent senior notes due 2019

$200 million

Rolta India Ltd

 

Vaish Associates

Hiving-off of BASPA Hydro Electric Project Stage-II and Karcham Wangtoo Hydro Electric Project to a JPVL wholly owned subsidiary, Himachal Baspa Power Company

Rs. 9,700 crores

($1,567.2 million)

Jaiprakash Power Ventures Ltd (JPVL)

Bomi Daruwala (Partner)

 

Yatin Narang,

Shrinivas Sankaran (Senior associates)

 

Tanya Sharma, Priyesh Sharma (Associates)

 

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Jurisdiction – Indonesia

Firm

Deal

Value

Client

Lawyer(s) involved

Drew & Napier

CapitaLand’s joint venture with a Credo Group subsidiary

N/A

CapitaLand Ltd

Julian Kwek,

Aaron Kok

(Directors)

 

Cheryl Anne Ang

(Senior associate)

 

Mark Jalen Tan,

Lim Sze Min

(Associates)

Hadiputranto, Hadinoto & Partners

Affinity Equity

Partners’ acquisition of equity interest in Leong Hup International

Undisclosed

Affinity Equity

Partners (S) Pte Ltd

Iqbal Darmawan

(Partner)

Hiswara Bunjamin & Tandjung

PT Blue Bird Tbk’s initial public offering and listing on the Indonesia Stock Exchange

$200 million

Joint global coordinators:

1.Credit Suisse 2.Danareksa Sekuritas

3.UBS

 

Melli Darsa & Co

PT Blue Bird Tbk’s initial public offering and listing on the Indonesia Stock Exchange

$200 million

PT Blue Bird Tbk

Melli Darsa

(Partner)

Milbank, Tweed, Hadley & McCloy

PT Blue Bird Tbk’s initial public offering and listing on the Indonesia Stock Exchange

$200 million

PT Blue Bird Tbk

Naomi Ishikawa

(Partner)

 

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Jurisdiction – Malaysia

Firm

Deal

Value

Client

Lawyer(s) involved

Norton Rose Fulbright

Financing for the development of London’s Battersea Power Station

1.35 billion pounds

($2.11 billion)

Investors:

1.SP Setia

2.Sime Darby 3.Employees Provident Fund

Dan Wagerfield, Dan Kennedy,

Neil Biswas,

Sarah Cullen,

Lucy Wolley Dod, Davide Barzilai

(Partners)

Slaughter and May

Malaysian Airports Holdings’ acquisition of a 40 percent equity stake in İstanbul Sabiha Gökçen Uluslararası Havalimanı Yatırım, Yapım ve İşletme A.Ş. and LGM Havalimanı İşletmeleri Ticaret ve Turizm A.Ş.

285 million euros ($357.3 million)

Malaysian Airports Holdings Bhd

Simon Hall,

Natalie Yeung

(Partners)

 

Hiba Siddique, Mariko Tavernier, Rachel Breitenbach

(Associates)

Wong & Partners

Affinity Equity

Partners’ acquisition of equity interest in Leong Hup International

Undisclosed

Affinity Equity

Partners (S) Pte Ltd

Andre Gan,

Stephanie Phua

(Partners)

 

Li Ann Chan,

Ken Boon Low

(Associates)

Wong & Partners

Financing for the development of London’s Battersea Power Station

1.35 billion pounds

($2.11 billion)

Lenders:

1.CIMB Bank Bhd

2.Maybank Kim Eng Securities Pte Ltd 3.Standard Chartered Bank 4.Standard Chartered Saadiq Bhd

Mark Lim,

Esther Chik

(Partner)

 

Esther Low,

Wei Guan Wong

(Associates)

ZICOlaw

Malaysian Airports Holdings’ acquisition of a 40 percent equity stake in İstanbul Sabiha Gökçen Uluslararası Havalimanı Yatırım, Yapım ve İşletme A.Ş. and LGM Havalimanı İşletmeleri Ticaret ve Turizm A.Ş.

285 million euros

($357.3 million)

Malaysian Airports Holdings Bhd

 

 

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Jurisdiction – Philippines

Firm

Deal

Value

Client

Lawyer(s) involved

Jones Day

SSI Group’s initial public offering on the PSE

$166 million

SSI Group Inc

Maria Tan Pedersen,

Gene Buttrill,

Christopher Swift

Eric Stuart (Partners)

 

Cynthia Tan

Michael Akman(Associates)

Milbank, Tweed, Hadley & McCloy

SSI Group’s initial public offering on the PSE

$166 million

Underwriters

 

Picazo Buyco Tan Fider & Santos

SSI Group’s initial public offering on the PSE

$166 million

SSI Group Inc

 

Romulo Mabanta Buenaventura Sayoc & De Los Angeles

SSI Group’s initial public offering on the PSE

$166 million

International Lead Managers and Underwriters and the sole Domestic Lead Manager and Underwriter

 

 

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Jurisdiction – Singapore

Firm

Deal

Value

Client

Lawyer(s) involved

Allen & Gledhill

Chip Eng Seng Corp’s issue of 4.25 percent

notes due 2017

S$150 million ($115.9 million)

Joint lead managers

Au Huey Ling,

Ong Kangxin

(Partners)

 

Gillian Hauw

(Associate)

Allen & Gledhill

CKM’s pre-conditional voluntary conditional offer to acquire all the shares in United Envirotech

S$1.9 billion

($1.46 billion)

1.KKR China Water Investment Holdings Ltd 2.CKM (Cayman) Company Ltd

Song Su-Min

(Partner)

Baker & McKenzie.Wong & Leow

Affinity Equity

Partners’ acquisition of equity interest in Leong Hup International

Undisclosed

Affinity Equity

Partners (S) Pte Ltd

Ai Ai Wong,

Kelvin Poa

(Principals)

Baker & McKenzie.Wong & Leow

Financing for the development of London’s Battersea Power Station

1.35 billion pounds

($2.11 billion)

Lenders:

1.CIMB Bank Bhd

2.Maybank Kim Eng Securities Pte Ltd 3.Standard Chartered Bank 4.Standard Chartered Saadiq Bhd

 

 

Emmanuel

Hadjidakis

(Principal)

 

Kah Chin Chu

(Local principal)

 

Simon Gray

(Senior associate)

 

Allison Hancock, Nicole Carragher,

Liwei Ling

(Associates)

Baker & McKenzie.Wong & Leow

PT Rajamandala Electric Power’s development and financing of the proposed Rajamandala hydroelectric power plant

$110 million

PT Rajamandala Electric Power

Chew Chin

(Principal)

 

Erik Begin

(Local principal)

Clifford Chance

Mondelēz International’s proposed acquisition of an 80 percent stake in Kinh Do Corp

$370 million

Mondelēz International

Simon Clinton,

Valerie Kong,

Ling Ho,

Richard Blewett

(Partners)

 

Chua Si Wei

(Associate)

Clifford Chance

PT Blue Bird Tbk’s initial public offering and listing on the Indonesia Stock Exchange

$200 million

Joint global coordinators:

1.Credit Suisse 2.Danareksa Sekuritas

3.UBS

Johannes Juette

(Partner)

 

Jonathan Crandall

(Associate)

Colin Ng & Partners

SSG Group’s expansion into Singapore and obtaining the Capital Markets Services Licence from the Monetary Authority of Singapore

N/A

SSG Group

Bill Jamieson

(Partner)

 

Amit Ramkrishn Dhume

(Senior associate)

Latham & Watkins

 

Rolta Americas’ offer to exchange any and all of the outstanding 10.75 percent senior notes due 2018 of Rolta held by eligible holders for its newly issued 8.875 percent senior notes due 2019

$200 million

Rolta India Ltd

Rajiv Gupta,

Timothy Hia,

Jiyeon Lee-Lim (Partners)

 

Louis Rabinowitz,

Raymond Holst

(Counsel)

 

Jennifer Poh,

Nicole Wong

(Associates)

WongPartnership

Chip Eng Seng Corp’s issue of 4.25 percent

notes due 2017

S$150 million ($115.9 million)

Chip Eng Seng

Corp Ltd

Hui Choon Yuen,

Trevor Chuan

(Partners)

WongPartnership

Oversea-Chinese Banking Corp’s voluntary conditional cash

Offer, for and on behalf of Lee Kim Tah

Investments, for all the issued ordinary shares in the capital of Lee Kim Tah Investments

S$546 million

($423.2

million)

Lee Kim Tah

Holdings Ltd

Ng Wai King

(Joint managing

partner)

 

Andrew Ang,

Tan Sue-Lynn

(Partners)

 

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Jurisdiction – Vietnam

Firm

Deal

Value

Client

Lawyer(s) involved

Allen & Overy

Mondelēz International’s proposed acquisition of an 80 percent stake in Kinh Do Corp

$370 million

Kinh Do Corp

 

Baker & McKenzie

Affinity Equity

Partners’ acquisition of equity interest in Leong Hup International

Undisclosed

Affinity Equity

Partners (S) Pte Ltd

Yee Chung Seck

(Partner)

Vilaf

Mondelēz International’s proposed acquisition of an 80 percent stake in Kinh Do Corp

$370 million

Mondelēz International

 

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