Milbank has an outstanding reputation for headline capital markets offerings, especially high-yield debt and investment grade issuances, along with project bonds. The Singapore office also has an impressive record in high-value IPOs. It remains closely associated with the Indonesian market, along with Vietnam, Malaysia, India and Singapore itself; it advised PT Amman Mineral Internasional on its $713m IPO on the Indonesia Stock Exchange, the largest IPO in Southeast Asia in 2023. The Singapore team has extensive experience in energy and natural resources, TMT and real estate. Licensed to practice in the US, UK and New Zealand, Giles Kennedy (‘experienced, highly commercial and always delivers exceptional results’) is one of the leading names in the market, while Terrence O’Donnell has made a further impression since ascending to the partnership ranks in 2023.
Legal 500 Editorial commentary
Accolades
Client satisfaction
Testimonials
Collated independently by Legal 500 research team.
‘Milbank has the leading capital markets team across Southeast Asia, with particular strength with financial sponsors and acting for corporates - particularly in respect of complex transactions and the issuance of new instruments.’
‘Giles Kennedy is the go-to adviser for Southeast Asian corporates for capital markets work. He is experienced, highly commercial and always delivers exceptional results.'
'Jacqueline Chan's outstanding work ethic and expertise always delivers outstanding results for her clients.’
Key clients
- PT Amman Mineral Internasional
- PT Lippo Karawaci
- PT Agung Podomoro Land
- PT Bukit Makmur Mandiri Utama
- LMIRT Capital
- SK bioscience
- PT Modernland Realty
- HSBC
- BPI Capital
Work highlights
Advised copper smelter Amman Mineral on its 10.73 trillion rupiah ($713.43 million) IPO on the Indonesia Stock Exchange.
Advised PT Lippo Karawaci Tbk on its tender offer and consent solicitation transactions in respect of its US$405 million outstanding 8.125% Senior Notes due 2025 (governed by New York law) and US$417 million 6.75% Senior Notes due 2026 (governed by English law).
Advising real estate owner and developer, PT Agung Podomoro Land Tbk on its tender offer and consent solicitation transactions in respect of its US$300 million outstanding 5.95% Senior Notes due 2024.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Terrence O’Donnell
Practice head
Giles Kennedy
Other key lawyers
Jacqueline Chan; Terrence O’Donnell; Andre Seah; Abril Kang