Congratulations to the regional winners of our Achievement Awards for 2020.
The following represent the best three financial markets transactions since December 1, 2019 across: China and Hong Kong; the frontier markets; North East Asia; South Asia and South East Asia.
You can also view the winners of our best issuer and deal award winners here.
Full write-ups will be published online in mid-December and in the winter edition of FinanceAsia magazine.
BEST OF CHINA/HONG KONG
JD.com’s HK$34.56 billion ($4.46 billion) Hong Kong secondary listing
Joint sponsors: BofA Securities, CLSA, UBS
Joint global co-ordinators: BOCI, CCBI, China Renaissance, Jefferies
Legal advisors:
Issuer: Maples and Calder; Shihui Partners; Skadden, Arps, Slate, Meagher & Flom
Managers: Clifford Chance, Han Kun
Petrochina’s $49.2 billion sale of its pipeline, gas storage and LNG terminal assets to PipeChina
Financial advisors:
Sell side: Goldman Sachs, China Securities, UBS
Buy side: CICC, Citic Securities
Legal advisors:
Sell side: Freshfields Bruckhaus Deringer, Sullivan & Cromwell (to Goldman Sachs)
Buy side: Clifford Chance
XPeng’s $1.7 billion New York IPO
Financial advisors and underwriters: Credit Suisse, JP Morgan, BofA Securities,
Underwriters: ABCI Securities, BOCI Asia, Haitong International, Futu5.com, Tiger Brokers
Legal advisors:
Issuer: Fangda Partners, Harney Westwood & Riegels, Simpson Thacher & Bartlett
Managers: JunHe, Latham & Watkins
BEST OF THE FRONTIER MARKETS
KB Kookmin's KRW734 billion ($632 million) acquisition of PRASAC Microfinance
Buy side advisor: BNP Paribas
Sell side advisor: ING, Rhodium Capital
Sell side legal advisor: Clifford Chance, White & Case
Buy side: legal advisor: Bae Kim & Lee
The Government of Mongolia's $600 million bond and concurrent tender offering
Financial advisors:
Issuer: Frontier Strategies
Bookrunners: HSBC, JP Morgan, Morgan Stanley, Nomura
Legal advisors:
Issuer: Cleary Gottlieb Steen & Hamilton, Melville Erdenedalai
Managers: Mayer Brown, DB & GTS
Vinhomes' VND15.1 trillion ($650 million) sale of a 6% stake to a consortium led by KKR and including Temasek
Financial advisor: Credit Suisse (to Vinhomes)
Legal advisors:
Buy side: Allen & Overy, Simpson Thacher & Bartlett,
Sell side: Latham & Watkins, YKVN (domestic counsel)
BEST OF NORTH EAST ASIA
Nissan Motor's $8 billion bond deal
Bookrunners: Morgan Stanley, Citi, JP Morgan, Mizuho
Legal advisors:
Issuer: Mori Hamada & Matsumoto, Simpson Thacher & Bartlett
Managers: Davis Polk & Wardwell
SK Networks' W1.3 trillion ($1.1 billion) sale of its gas station business to Hyundai Oilbank and Koramco
Financial advisors: Credit Suisse (SK Networks)
Legal advisors:
Sell side: Kim & Chang
Buy side: Lee & Ko
Yageo Corp's $1.97 billion acquisition of KEMET Corp
Financial advisors:
Buy side: Citi
Sell side: Goldman Sachs
Bridge loan provider: Citi
Legal advisors
Buy side: Simpson Thacher & Bartlett; Tsar & Tsai
Sell side: LCS & Partners; Skadden, Arps, Slate, Meagher & Flom
BEST OF SOUTH ASIA
Jio Platform's Rs435.7 billion ($5.83 billion) sale of a 9.99% stake to Jaadhu Holdings (Facebook)
Financial advisors:
Sell side: Morgan Stanley
Buy side: BofA Securities
Legal advisors:
Sell side: AZB & Partners, Davis Polk & Wardwell
Buy side: Hogan Lovells
Reliance Industries' Rs531 billion ($7 billion) rights offering
Global co-ordinators: JM Financial, Kotak Investment Banking
Lead managers: BNP Paribas, BofA Securities, Citi, Goldman Sachs, HDFC, HSBC, ICICI Securities, IDFC Securities, JP Morgan, Morgan Stanley, SBI Capital Markets
Legal advisors:
Issuer: AZB & Partners, Sidley Austin
Managers: Khaitan & Co, Latham & Watkins
SBI Cards' Rs103.4 billion ($1.39 billion) IPO
Bookrunning lead managers: Kotak Investment Banking, Axis Capital, BofA Securities, HSBC, Nomura, SBI Capital
Legal advisors:
Issuer: Latham & Watkins, Shardul Amarchand Mangaldas
Managers: Allen & Overy, Cyril Amarchand Mangaldas
BEST OF SOUTH EAST ASIA
AREIT's P12.3 billion ($253 million) IPO
Global co-ordinator: BPI Capital
International bookrunner: UBS
Joint lead underwriters: BPI Capital, PNB Capital, SB Capital
Legal advisors:
Issuer: Allen & Overy, Angara Abello Concepcion Regala & Cruz, Dechert
Managers: Latham & Watkins, Picazo Buyco Tan Fider & Santos
The S$8.2 billion ($6.1 billion) merger of CapitaLand Commercial Trust and CapitaLand Mall Trust
Financial advisors:
CCT: Credit Suisse
CMT: JP Morgan, ANZ (independent advisor to the board)
Legal advisors:
CCT: WongPartnership
CMT: Allen & Gledhill
Star Energy Geothermal Salak – Darajat’s $1.1 billion amortizing senior secured green bond
Global co-ordinators: Credit Suisse, DBS, Deutsche Bank
Joint bookrunner: Barclays
Co-manager: BPI Capital
Legal advisors:
Issuer: Assegaf Hamzah & Partners, Clifford Chance, Lennox Paton, Walkers
Managers: Hiswara Bunjamin & Tandjung, Mayer Brown, Milbank
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