Milbank > Singapore, Singapore > Firm Profile
Milbank Offices
12 MARINA BOULEVARD
MARINA BAY FINANCIAL CENTRE #36-03, TOWER 3
SINGAPORE 018982
Singapore
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Milbank > The Legal 500 Rankings
Singapore > Corporate and M&A: foreign firms Tier 1
Praised for its ‘unrivalled experience’ and ‘incontestable reputation in Southeast Asia’, Milbank counts multinational investment banks, multilaterals and funds, as well as regional and national companies across the power generation, natural resources, telecoms, consumer retail, e-commerce and healthcare sectors, among its key roster of clients. Managing partner David Zemans is heavily involved in cross-border transactions, namely involving Indonesia, India, China and European elements, with demonstrable experience in SPAC and de-SPAC transactions, joint ventures, auction sales, and minority investments. Zemans jointly leads the team alongside Jacqueline Chan, who stands out for her expertise in corporate finance, M&A and restructurings. ‘A rare lawyer of quality and character’, associate Min Kim is another key contact in the group.Practice head(s):
David Zemans; Jacqueline Chan
Other key lawyers:
Testimonials
‘Jacqueline Chan is sharp and quick on her feet. ’
‘The group has an unparalleled depth of skill, delivered by a team of standout individuals.’
‘Jacqueline Chan has very good knowledge backed by extensive experience of M&A transactions in Indonesia.’
‘The lawyers display an outstanding level of negotiation skills and are extremely detailed-oriented. Milbank possesses strong relationships in Indonesia, as well as Singapore, and they have unrivalled experience working on transactions in these jurisdictions and the region. The firm has an incontestable reputation in Southeast Asia.’
‘The Milbank team’s dedication to excellence and contributions truly set them apart, and it was a pleasure to observe them at work during the course of the transaction.’
‘Min Kim’s understanding of corporate law, meticulous attention to detail, strategic thinking, and understanding of Indonesian state-owned enterprise were instrumental in the success of the matter. A rare lawyer of quality and character.’
‘They really took the time to understand our business.’
Key clients
Tiga Acquisition Corp.
Rimorchiatori Mediterranei S.p.A.
Emergent Logistics Pte. Ltd.
PT Kimia Farma Tbk
Prime Infrastructure Holdings, Inc.
FKS Food and Agri Pte Ltd
Atlantic Gulf & Pacific Group
Columbia Pacific Management, Inc.
Masan Group Corporation
WatchBanQ Group
PT Supreme Energy
Singapore Telecommunications Limited
Grab Holdings Inc.
Work highlights
- Advised Tiga Acquisition Corp., a special purpose acquisition company, in connection with its merger with Grindr.
- Advised Rimorchiatori Mediterranei on the acquisition of Keppel Smit Towage Private Limited and Maju Maritime PTE Ltd.
- Advised Emergent Logistics Pte Ltd in connection with the deployment of a new commercial warehouse portfolio in Indonesia to JD Vermilion Pte Ltd, a joint venture between Emergent Asia Logistics Management Pte Ltd and JD Bright Development V (HK) limited, a subsidiary of JD.com.
Singapore > Projects: foreign firms Tier 1
Milbank’s projects and infrastructure team is widely acclaimed for its regional expertise in power projects. The firm assists lenders and borrowers with high-end project acquisitions, developments, financings and refinancings, including conventional and Islamic financing structures. Oil and gas, LNG, power, and mining are key sector strengths for the group, which has a highly visible presence in the Indonesian and Malaysian markets. The practice is headed up by James Murray, who excels in handling power generation and renewable energy matters. James Orme regularly advises on large-scale infrastructure projects. Andrew Gibb and Rosaline Yusman are singled out for their contributions.Practice head(s):
James Murray
Other key lawyers:
Testimonials
‘The Milbank team has an extraordinary depth of experience in the LNG supply and LNG-to-power markets in Asia.’
‘The level of expertise and responsiveness of the Milbank team is second to none.’
‘The Milbank team has a very strong team. They are very knowledgeable about project finance. They work very professionally and are very responsive. The way the firm works is to find a solution by considering all aspects including the commercial aspects.’
‘Andrew Gibb is very smart. He understands the issue from all perspectives.’
Key clients
JBIC
NEXI
ADB
KEXIM
K-Sure
AIIB
Farallon Capital Asia
Equinor
PT Supreme Energy
The Amman Group
PT Adaro Energy Tbk
Yinson Boronia Production B.V.
Sumitomo Corporation
Medco
Shandong Electric Power Construction Corporation III (SEPCOIII), HTG Development Group & S. Alam Group
MUFG
GNPower
International Finance Corporation
SMBC
Work highlights
- Advising PT Amman Mineral Nusa Tenggara on the development and financing of a 400MW gas-fired power plant, supplying power to the Batu Hijau mine in Indonesia.
- Advised Asian Development Bank and other lenders in connection with the Monsoon 600 MW wind project, a greenfield wind power project which will sell power from Lao into Vietnam.
- Assisted PT Amman Mineral Industri (AMIN) and Sponsors with the development of a 900,000 tonnes copper concentrate smelting and refinery at the Batu Hijau mine in Indonesia.
Singapore > Restructuring and insolvency: foreign firms Tier 1
Milbank’s team is noted for its expertise across a broad range of debt and corporate restructurings, boasting an international outlook and frequently utilising its network of offices throughout the Asia Pacific region. The group advises on cross-border transactions, in addition to restructuring joint ventures and bankruptcies before the US and other foreign bankruptcy courts. Managing partner David Zemans, who had a strong track record in high-profile restructurings and financing matters, leads the practice, with other key contacts in the group including Jacqueline Chan and associate Martin Wong, who advises on restructuring issues relating to energy projects in Southeast Asia.Practice head(s):
David Zemans
Other key lawyers:
Testimonials
‘Jacqueline Chan is very commercial.’
‘They are easy to work with, can manage clients independently and have the necessary experience and knowledge to deliver the best results.’
‘Jacqueline Chan is extremely pleasant to work with, a real team player and communicates with clients effectively. I would strongly recommend Jacqueline at any time.’
Key clients
PT Modernland Realty Tbk
GCL New Energy Holdings Limited
BlackRock
Goldman Sachs
Tor Investment
Maybank Islamic Berhad
CIMB Islamic Bank Berhad
DBS Bank Ltd.
PT Bank Mandiri (Persero) Tbk.
Sumitomo Mitsui Banking Corporation
PT Indomarco Prismatama (“Indomaret”)
Singapore > Banking and finance: foreign firms Tier 2
Milbank continues to stand out for its experience in energy and infrastructure finance, along with being at the forefront of leveraged finance, particularly in financings of $1bn or more. Structured finance and bank/bond financings are additional strong areas for the Singapore team, which has successfully targeted the private credit segment in recent years. The firm is also noted for special situations and distressed transactions. Along with its broad range of financial institution clients, the team acts for a number of private equity sponsors and other investment funds, along with a series of corporate borrowers. On top of energy and infrastructure, key areas include retail, fintech, shipping and real estate. Indonesia, Malaysia, Vietnam and the Philippines are amongst its key jurisdictions. Singapore managing partner David Zemans is a hugely experienced and versatile practitioner with a rich history in banking and finance transactions, most notably in Indonesia. Jacqueline Chan is another outstanding practitioner and a growing force in private credit deals. James Murray and James Orme are also rated for energy and infrastructure financings.Practice head(s):
David Zemans
Other key lawyers:
Key clients
DBS Bank Ltd
Adaro Energy
Medco Energy
PT Bank Mandiri
SMBC
MUFG
Asian Development Bank
ANZ Bank
Standard Chartered Bank
Amman Mineral
Maybank Islamic Berhad
CIMB Bank Islamic Bank Berhad
Export Import Bank of Malaysia Berhad
Work highlights
- Represented a large syndicate of lenders in connection with the $860m refinancing of Kestrel Coal Resources’ existing facilities in Queensland, Australia.
Singapore > Capital markets: equity and debt: foreign firms Tier 2
The ‘knowledgebase and credible’ team at Milbank is noted for its strong debt capital markets capabilities, particularly for high-yield and liability management products, and continues to showcase its expertise in advising issuers facing near-term debt maturities on innovative liability management transactions. Boasting an enviable equity capital markets practice, the team’s workload includes high-value IPOs and de-SPACs, with demonstrable experience in the technology sector. Giles Kennedy leads the practice and advises major banking clients on debt offerings, including high-yield mandates, in addition to underwriters for equity offerings. Praised as ‘technically well-versed and approachable’, Terrence O’Donnell is noted for his expertise in IPOs and share placements.Practice head(s):
Giles Kennedy
Other key lawyers:
Terrence O’Donnell; Andre Seah; Abril Kang
Testimonials
‘Very knowledgeable and credible.’
‘Terence O’Donnell is technically well-versed and approachable.’
Key clients
Tiga Acquisition Corp.
PT Kawasan Industri Jababeka Tbk
PT Lippo Karawaci Tbk
PT Alam Sutera Realty Tbk
PT ABM Investama Tbk
PT ABM Investama Tbk
PT Modernland Realty Tbk
Work highlights
- Advised Tiga Acquisition Corp., a special purpose acquisition company, in connection with its merger with Grindr.
- Advised PT Kawasan Industri Jababeka Tbk in connection with the exchange offer and exit consent solicitation for its US$300m 6.5% Senior Notes 2023, to extend the maturity of its outstanding indebtedness.
- Advised PT Lippo Karawaci Tbk in connection with the partial tender offer and consent solicitation for its outstanding US$405m 8.125% Senior Notes due 2025 and US$425m 6.75% Senior Notes due 2026, to refinance its outstanding indebtedness.
Singapore > Energy: foreign firms Tier 2
Milbank has a strong reputation in energy and infrastructure that, coupled with its longevity and stability in Singapore, has earned it a significant market share of big-ticket engagements in the region. Although it has successfully transitioned to decarbonisation and renewables, it remains at the forefront of upstream and downstream LNG projects, especially in Indonesia; the Singapore team frequently works alongside colleagues in Tokyo on oil and gas, LNG and petrochemical projects. Indonesia remains the practice's primary market, though it has also landed significant engagements in Malaysia, the Philippines and the Mekong peninsula in addition to sporting a balanced mix of lender and sponsor clients. James Murray heads the projects, energy and infrastructure practice in Asia, having been based in Singapore since 2006. James Orme is an emerging talent in energy and infrastructure finance, and Jacqueline Chan is a key name in Indonesia energy M&A.Practice head(s):
James Murray
Other key lawyers:
Testimonials
‘Milbank has a very strong team. They are very knowledgeable about project finance. They work very professionally and very responsive. The way the firm works is to find a solution by considering all aspects including the commercial aspects.’
‘James Murray and James Orme are very knowledgeable on project finance and their knowledge is something that is very difficult to be found in another firm.’
Key clients
JBIC
NEXI
ADB
KEXIM
K-Sure
AIIB
Farallon Capital Asia
Equinor
PT Supreme Energy
The Amman Group
PT Adaro Energy Tbk
Yinson Boronia Production B.V.
Sumitomo Corporation
Medco
Shandong Electric Power Construction Corporation III (SEPCOIII), HTG Development Group & S. Alam Group
MUFG
GNPower
International Finance Corporation
SMBC
Work highlights
- Advised PT Amman Mineral Nusa Tenggara in connection with the development and financing of a 400MW gas-fired power plant supplying power to the Batu Hijau copper and gold mine and smelter and refinery in Indonesia.
- Advised Asian Development Bank and other lenders in connection with the Monsoon 600MW wind project, a greenfield wind power project which will sell power from Lao into Vietnam.
- Advised the agent on behalf of the lenders on Indonesian state-owned oil and gas company PT Pertamina (Persero)’s corporate restructuring, and the adjustment to the price of natural gas sourced from the Jambaran Tiung Biru (JTB) project.
Singapore > Asset finance: foreign firms Tier 3
Described by one client as a ‘skilled team that can handle with ease the most daunting of transactions’, Milbank remains a highly active player in the region’s aviation finance and restructuring scene. Following the departure of Paul Ng in summer 2023, David Paterson, noted for his transaction and leasing experience, is the key point of contact for the Singapore office. Paterson also works with the London Office’s asset and trade finance partners, Nick Swinburne, and James Cameron (the latter is a member of the firm’s transportation and space group.)Practice head(s):
David Paterson
Other key lawyers:
Testimonials
‘Skilled team that can handle with ease the most daunting of transactions.’
‘Knowledge and skill set – concise advice and ability to turn big projects.’
Key clients
Avolon
SMBC Aviation Capital Limited
Nomura Babcock & Brown Co., Ltd
ICBC Leasing
Castlelake LP
China Aircraft Leasing Group Holding Limited
Bank of Communications Financial Leasing
BOC Aviation
Carlyle Aviation
Korean Air Lines
MUFG
Minsheng Financial Leasing
China Construction Bank Financial Leasing
Muzinich & Co
AFIC Insurers
KKR
Aviator Capital
Aircastle
Work highlights
- Handled a series of transactions involving the delivery of 30 737-8 aircraft over the next 5 years.
- Advising ICBCFL in the restructuring of a French tax lease financing involving a Boeing 777-F bearing MSN 65743 being novated from Türk Hava Yollari A.O. to THY’s new cargo company, in a two-phase process.
- Representing Chinese lessors in the Garuda restructuring involving over 250 aircraft and over US$2 billion of assets.
Singapore > TMT: foreign firms Tier 3
The ‘technically strong and reliable’ team at Milbank counts domestic and regional companies, investors, and financial institutions among its key roster of clients, advising on a range of technology and telecoms-related transactions across Southeast Asia, notably the Philippines, Indonesia, Thailand, and Vietnam. Giles Kennedy handles M&A, capital markets, and financing transactions arising out of the technology and telecoms sectors, and jointly leads the team alongside Jacqueline Chan, who has a strong focus on cutting-edge first-of-its-kind deals.Practice head(s):
Giles Kennedy; Jacqueline Chan
Testimonials
‘Technically strong and reliable.’
‘Impressed with Jacqueline Chan’s knowledge of the local legal requirements.’
‘Giles Kennedy demonstrates good leadership and industry expertise.’
‘Very organised and they work well together.’
‘Depth throughout the entire team.’
‘Responsive, attentive and flexible.’
‘Dedicated and great attitude.’
Key clients
Tiga Investments Pte Ltd
Singapore Telecommunications Limited
Grab Holdings Inc.
PLDT Inc.
Masan Group Corporation
CVC Capital Partners
Trustroot Internet Private Limited
PT Bukalapak Tbk
WatchBanQ Group
Baring Private Equity Asia
Work highlights
- Advised Tiga Acquisition Corp., a special purpose acquisition company, on its merger with Grindr, the number one social network for the LGBTQ+ community.
- Advised telecommunications provider PLDT Inc. and its subsidiaries Smart Communications, Inc. and Digitel Mobile Philippines, Inc. on the sale of 5,907 telecom towers and related passive infrastructure to subsidiaries of international groups, edotco Group and EdgePoint Infrastructure for PHP77bn.
- Represented Masan High-Tech Materials, one of the world’s largest tungsten suppliers, in its Series B funding (via its affiliate, H.C. Starck Tungsten Powders) in Nyobolt, a British fast-charging battery start-up.
Indonesia > Foreign firms Tier 1
Milbank excels across practice areas in Indonesia, including in banking & finance, capital markets, M&A as well as restructuring, with projects and energy playing a large role in the firm’s practice. Jacqueline Chan focuses on corporate finance, M&A and restructuring throughout Asia and including Indonesia and leads the practice alongside James Murray, David Zemans and Giles Kennedy, the latter who is active in debt and equity matters. ‘Excellent’ James Orme is experienced in complicated cross-border financings. Terrence O’Donnell was made partner at the end of 2022 and has a broad skillset in relation to capital markets issues.Practice head(s):
James Murray; David Zemans; Jacqueline Chan; Giles Kennedy
Other key lawyers:
James Orme; Terrence O’Donnell
Testimonials
‘Milbank are very capable and strong for any financial transaction across several industries.’
‘Good time management and attention to detail.’
‘James Orme is excellent as a partner handing this, flagging key items early on and is able to push for items to the lenders benefit.’
‘Milbank has unparalleled experience in project finance in Indonesia. The knowledge of the market and legal issues that arise in Indonesia is excellent and this helps negotiation and closing of transactions.’
‘Very strong and experienced team. It is such a good balance in this sense, so that on the client side we feel really comfortable discussing our concerns and commercial objectives, knowing that the Milbank team is always willing to brainstorm and make projects/transactions happen alongside us.’
Key clients
PT Kawasan Industri Jababeka Tbk
PT Lippo Karawaci Tbk
PT Amman Mineral Industri
PT Amman Mineral Nusa Tenggara
PT Alam Sutera Realty Tbk
PT Kimia Farma Tbk
FKS Food and Agri Pte Ltd
Emergent Logistics Pte. Ltd.
Singapore Telecommunications Limited
Grab Holdings Inc.
PT Bank Mandiri (Persero) Tbk
PT Bank Negara Indonesia (Persero) Tbk
PT Bank Uob Indonesia
PT Bank KB Bukopin Tbk
PT Supreme Energy
The Korea Trade Insurance Corporation
Australia and New Zealand Banking Group, Ltd
PT Bank Rakyat Indonesia Tbk
PT Bukalapak Tbk
PT Dayamitra Telekomunikasi (Mitratel)
PT Indofood CBP Sukses Makmur Tbk
PT Japfa Comfeed Indonesia Tbk
PT Medco Daya Abadi Lestari
PT Adaro Indonesia
Marubeni Corporation
Asian Development Bank
MUFG
Sumitomo Mitsui Banking Corp.
Bank of China
Barclays
Credit Suisse
Work highlights
- Advised PT Kawasan Industri Jababeka Tbk, one of the largest industrial real estate developers in Indonesia, in connection with the exchange offer and exit consent solicitation for its $300m 6.5% Senior Notes 2023.
- Advised PT Lippo Karawaci Tbk, one of the largest industrial real estate developers in Indonesia, in connection with the partial tender offer and consent solicitation for its outstanding $405m 8.125% Senior Notes due 2025 and $425m 6.75% Senior Notes due 2026.
- Acted for PT Amman Mineral Nusa Tenggara as borrower counsel in connection with a senior secured term loan facility entered into with a number of regional commercial banks.
Vietnam > Foreign desks Tier 2
Milbank’s 9-strong Vietnam practice, jointly led by Jacqueline Chan in Singapore alongside Hong Kong-based James Grandolfo, has considerable experience handling high-end transactions in Vietnam. The firm has a strong presence in the Asia Pacific region, including in Singapore, Hong Kong, Beijing, and Tokyo, and continues to gain traction in Ho Chi Minh City, specialising in energy and infrastructure, capital markets, technology, aviation, and commercial mandates. Chan regularly acts for financial institutions, corporates, investment funds, and private equity funds in relation to cross-border matters throughout Asia. With capital markets, M&A, and private equity expertise, Grandolfo heads the firm’s Hong Kong office and having helped launch the firm in the Philippines, is now active in Vietnam.Practice head(s):
Jacqueline Chan; James Grandolfo
Testimonials
‘Jacqueline Chan is very experienced and pragmatic, she finds resolutions instead of creating issues.’
‘Jacqueline Chan is a sophisticated attorney with a depth of knowledge on a broad range of critically important matters.’
‘Not only is Milbank good in respect of subject matter knowledge, but they’re also great in client relations. They are very responsive and business-friendly.’
Key clients
Masan Group Corporation
UBS
ADB
Australia and New Zealand Banking Group, Ltd
Emergent Capital Partners
VietJet
Work highlights
- Advising Asian Development Bank and other lenders in connection with the Monsoon 600 MW wind project, a greenfield wind power project which will sell power from Lao into Vietnam under a long term PPA with EVN as off-taker.
- Advised Masan Group Corporation in its US$65m investment in Trusting Social Company JSC, a Singapore and Vietnam-based credit scoring startup.
- Advising ANZ, HSBC, KEXIM and K-SURE in connection with a US$1bn term loan facility for LG Display Vietnam Haiphong Co., Ltd.
Malaysia > Foreign firms Tier 3
Praised as ‘extremely client-focused, commercially flexible and strong during negotiations with counterparties’, the team at Milbank is led by Singapore-based managing partner David Zemans, and acts for Malaysian financial institutions and institutional investors in regional transactions. Working in conjunction with the firm’s Tokyo and Hong Kong offices, key areas of expertise include advising on Islamic finance mandates, involving Malaysian-Indonesian elements, in addition to capital markets transactions, project developments, commercial deals, M&A and restructurings. James Murray, who leads the project, energy and infrastructure finance practice group in Asia, is another key contact in the practice.Practice head(s):
David Zemans
Other key lawyers:
Testimonials
‘Extremely client-focused, commercially flexible and strong during negotiations with counterparties.’
‘Responsive, patient to translate legal considerations into commercial impact considerations and they display ordered thinking. A genuine pleasure to engage with.’
Key clients
Malayan Banking Berhad (Maybank)
CIMB Bank Islamic Bank Berhad
Export Import Bank of Malaysia Berhad
Petronas
Misc Berhad
Equinor
Malaysian Airlines
AirAsia
Rimorchiatori Mediterranei S.p.A
Work highlights
- Advised the joint lead managers on the establishment of the $3bn multi-currency Global Medium Term Note Program of energy shipping company MISC Berhad.
- Advising Equinor, a Norwegian state-owned multinational energy company, in connection with feedstock supply and product offtake arrangements with respect to the Pengarang Energy Complex in Malaysia.
- Advised funds affiliated with CVC Capital Partners on its acquisition of shares representing 68.35% of the equity interest in Affin Hwang Asset Management Berhad from Affin Hwang Investment Bank Berhad and certain management shareholders.
Philippines > Foreign firms
Milbank covers the full spectrum of transactional work involving the Philippines from corporate and capital markets work to advising on major projects, which often have a significant cross-border dimension. Clients include top international financial institutions, and the firm regularly acts for the sponsors and lenders on these landmark deals. Hong-Kong-based James Grandolfo has a wealth of experience in capital markets, M&A, and private equity matters across Asia, and leads the team together with James Murray, who is based at the Singapore office and is particularly active in the Philippines on major power projects. Paul Pery plays a pivotal role in significant capital markets transactions. Another notable member of the practice is Desiree Woo who is active in the project, energy and infrastructure finance group and is based at the Hong Kong office.Practice head(s):
James Grandolfo; James Murray
Other key lawyers:
Paul Pery; Desiree Woo; Jenny Zhang
Testimonials
‘What makes Milbank unique is their unwavering commitment to understanding our project inside and out. Their specialisation provides us with unparalleled access to legal expertise.’
‘We have worked with the infrastructure team who are well conversant with the industry practice and have high negotiation skills. Milbank uses cutting-edge technology that ensures efficiency and informed decision-making, while their collaborative culture means we benefit from a collective pool of knowledge.’
‘We also appreciate their commitment to diversity, which fosters client-centred and focused solutions customised for the client. Overall, Milbank’s blend of expertise, innovation, and client-centric values sets them apart in the legal world.’
‘The individuals I work with at Milbank truly stand out. Their expertise in our industry, like Desiree Woo and Jenny Zhang, and their dedication to our needs have been impressive. They explain complex legal matters clearly and work seamlessly together as a team. ‘
‘They are highly knowledgeable and hardworking and respond very timely. They also embrace new ideas and solutions that work best for us, staying ahead of the curve. Overall, it’s their industry knowledge, teamwork, and commitment that make them our trusted legal partners.’
‘Understand the requirements, thorough but easy to understand, and always find solutions.’
Key clients
Bank of America Merrill Lynch
Citi
Credit Suisse
CLSA
CLSA Exchange Capital, Inc.
Union Bank of the Philippines
HSBC
J.P. Morgan
DBS Bank Ltd.
ING Bank
Standard Chartered Bank
UBS
Asian Development Bank
GNPower Dinginin Ltd. Co
GNPower Kauswagan
PLDT Inc.
Globe Telecom Inc.
Filinvest Land, Inc.
Filinvest Land REIT Corp.
Monde Nissin Corporation
International Container Terminal Services, Inc.
BPI Capital Corporation
Atlantic Gulf & Pacific Group
DDMP REIT, Inc.
Okada Manila International, Inc.
Megaworld
SMC Global Power Holdings Corp.
Citicore Energy REIT
Synergy Grid & Development Phils., Inc.
AYC Finance Limited
ACEN Finance Limited
Work highlights
- Advised telecommunications provider PLDT Inc. and its subsidiaries Smart Communications, Inc. and Digitel Mobile Phils., Inc. on the sale of 650 telecom towers and related passive infrastructure to Unity Digital Infrastructure Inc. for a consideration of approximately PHP9.2bn.
- Advised telecommunications provider PLDT Inc. and its subsidiaries Smart Communications, Inc. (“Smart”) and Digitel Mobile Philippines, Inc. in the sale of 5,907 telecom towers and related passive infrastructure to subsidiaries of international groups, edotco Group and EdgePoint Infrastructure for PHP77bn.
- Advised Globe Telecom Inc. in connection with a joint venture partnership with ST Telemedia Global Data Centres and Ayala Corporation for the development, construction and operation of data centre projects in the Philippines.
India > Foreign firms
Acting for global financial institutions and domestic and international companies in the steel, energy, and infrastructure sectors, Milbank’s India practice stands out for its expertise in capital markets, projects, and financing work. Practice co-head James Grandolfo, in Hong Kong, has a broad debt and equity practice and leads on corporate and M&A instructions, while co-head John Dewar takes point on project finance from the firm’s London office. In Singapore, Giles Kennedy and new partner Terrence O’Donnell are recommended for their IPOs, share placements, and high-yield bonds expertise.Practice head(s):
James Grandolfo; John Dewar
Other key lawyers:
Terrence O’Donnell; Giles Kennedy
Key clients
Citigroup Global Markets Inc.
Deutsche Bank
HSBC
JP Morgan
Credit Suisse
MUFG
Mizuho Securities
Barclays
Standard Chartered Bank
Société Générale
Axis Bank
BNP Paribas
State Bank of India
Trustroot Internet Private Limited
Delhi International Airport Limited
GMR Hyderabad International Airport Limited
JSW Infrastructure Limited
JSW Steel Limited
JSW Hydro Energy Limited
AGP International Holdings Ltd
Korea Trade Insurance Corporation (K-sure)
Export-Import Bank of Korea (K-Exim)
SACE S.p.A.
Japan Bank for International Cooperation
KfW IPEX-Bank
Columbia Pacific Management, Inc.
Work highlights
- Advised HSBC as the facility agent, and other participating commercial banks, with respect to US$750 million facilities for Reliance Jio Infocomm Limited for its project to update India’s wireless network to 5G.
- Advised the Atlantic Gulf & Pacific Group in relation to an equity investment by Osaka Gas and the Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development of up to US$120 million in AG&P’s city gas joint venture business known as AG&P City Gas.
- Advised JSW Infrastructure Limited in connection with its debut Rule 144A/Regulation S offering of US$400 million 4.95% senior secured notes due 2029.
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- Corporate and M&A: foreign firms
- Projects: foreign firms
- Restructuring and insolvency: foreign firms
Top Tier Firm Rankings
- Banking and finance: foreign firms
- Capital markets: equity and debt: foreign firms
- Energy: foreign firms
Firm Rankings
- Indonesia > Foreign firms
Top Tier Firm Rankings
- Vietnam > Foreign desks