Milbank > Tokyo, Japan > Firm Profile

Milbank
21F MIDTOWN TOWER, 9-7-1 AKASAKA
MINATO-KU
TOKYO 107-6221
Japan

Japan > Projects and energy: International firms and joint ventures Tier 1

Milbank‘s team is led by Aled Davies who steers the team to take on complex energy, natural resources and infrastructure projects across Asia and internationally. Following the market shift from coal projects to LNG and renewables, the team advises Japanese corporates and financial institutions on multibillion-dollar project financing and development transactions across Asia, the Middle East, and South America. Also of note within the team are Justen Fleming who specialises in project financing mandates in the oil and gas sector, and recently promoted partner Andrew Pendleton who has particular experience advising ECAs and other multilateral agencies.

Practice head(s):

Aled Davies

Other key lawyers:

Testimonials

‘Aled Davies is very smart, quick thinking and experienced.’

‘Justen Fleming is a deep thinker, good at solving complex issues.’

‘Great experience in Japan and in the energy space.’

‘The practice was exceptionally collaborative, and proactive in understanding how adjustments to our transactions (which were strategic in nature) would affect other areas of the company.’

‘Andrew Pendleton was ready to respond when we needed him.’

Key clients

JBIC

Total

JOIN

MUFG

Mitsui

Mitsubishi

SMBC

NEXI

ICBC

Work highlights

  • Advised a consortium of lenders on the project financing for the development of FPSO Anita Garibaldi MV33 to be deployed offshore Brazil in the Marlim Field in the Santos Basin with Petrobras as the Charterer.
  • Advising the JBIC on the preparation of the financing aspect of the proposals in response to an RfP for the development and operation of a high voltage direct current subsea transmission system in the UAE.
  • Advised the Export-Import Bank of China on the financing provided to the Ministry of Finance of the Republic of Guinea for the development of the 450 MW Souapiti Hydropower Plant and the restructuring of the Kaleta Hydropower Plant totalling $2.3 billion.

Japan > Banking and finance: International firms and joint ventures Tier 2

Milbank’s Japan-based banking and finance practice is trusted by international banks and financial institutions on complex, cross-border, high-value transactions. Instructed on a number of project financing matters worth billions, the team maintains longstanding relationships with well-known domestic and international clients such as JBIC, BNP Paribas, Societe Generale, and KEXIM. Notable for its asset finance skills in the oil and gas sector, the team is led by Aled Davies, trusted adviser to many financial institutions. Syndicated lending and complex financing mandates in the projects and energy space are a specialism for the team, with Andrew Pendleton a key name to note.

Practice head(s):

Aled Davies

Other key lawyers:

Testimonials

‘Best in class team in Japan for project financing.’

‘The team considers not only specific legal issue but provides the legal advice with well consideration of background, and provides to-the-point advice with well understanding of the client’s real needs.’

Key clients

Japan Bank for International Cooperation

The Bank of Tokyo Mitsubishi UFJ

Nippon Export and Investment Insurance

Sumitomo Mitsui Banking Corporation

Mizuho

BNPP (BNP Paribas)

CACIB

ING

Société Générale

AfDB

BPI France

EDC (Export Development Canada)

EIB (European Investment Bank)

Export-Import Bank of China

Industrial and Commercial Bank of China

Korea Eximbank

Work highlights

  • Advised JBIC, MUFG Bank Ltd., Sumitomo Mitsui Banking Corporation, Mizuho Bank, Ltd. Société General, Clifford Capital Pte. Ltd., Standard Chartered Bank, BNP Paribas and NEXI in connection with the project financing for the development of FPSO Anita Garibaldi MV33 to be deployed offshore Brazil in the Marlim Field in the Santos Basin with Petrobras as the Charterer.
  • Advising JBIC in relation to the preparation of the financing aspect of the proposals in response to an RfP for the development and operation of a high voltage direct current subsea transmission system in the UAE (issued by Abu Dhabi National Oil Company and Abu Dhabi National Energy Company PJSC.
  • Advised the Export-Import Bank of China (“CEXIM”) in connection with the financing provided to the Ministry of Finance of the Republic of Guinea (“MOF”) for the development of the 450 MW Souapiti Hydropower Plant and the restructuring of the Kaleta Hydropower Plant totalling $2.3 billion.