FinanceAsia is pleased to announce the winners of its country awards, the first of a three-part series revealing our Achievement Awards for 2017.
We will announce the best deals overall and the best banks in a variety of categories over the next two days. But for now — the following deals were the most impressive among all those we considered from individual countries.
BEST BANGLADESH DEAL
Summit Group's $79.67 million 12-year and 10.5-year syndicated loans for Summit Barisal Power and Summit Narayanganj Power
Mandated lead arranger: City Bank
Bridge finance providers: City Bank; Bank Asia
Lenders: Islamic Corporation for the Development of the Private Sector (ICD); OPEC Fund for International Development (OFID); Infrastructure Development Company (IDCOL)
Legal advisors: DFDL; Clifford Chance
BEST CHINA DEAL
CIC’s €12.25b ($13.766b) acquisition of Logicor Europe Ltd
Financial advisers:
Acquirer: UBS
Seller (Blackstone): Eastdil Secured (lead); Goldman Sachs (lead); PJT Partners; Morgan Stanley; Bank of America Merrill Lynch and Citigroup
Legal advisers:
Acquirer: Clifford Chance
Seller: Simpson Thacher & Bartlett
BEST HONG KONG DEAL
Sale of Hutchison Global Communications to I Squared Capital Advisors for $1.9b
Financial advisers:
Acquirer: Credit Suisse
Seller: Goldman Sachs; Deutsche Bank
Legal advisers:
Acquirer: Davis Polk; Herbert Smith
Seller: Freshfields
BEST INDIA DEAL
IRB Infrastructure’s Rs46.5b ($724m) trust listing
Joint bookrunners: IDFC Bank; Credit Suisse; ICICI Bank; IIFL Holdings
Legal advisers: J Sagar Associates
BEST INDONESIA DEAL
PT Paiton Energy $2 billion 13-year and 20-year amortizing notes and $750 million dual currency term loan
Bond:
Joint global co-ordinators: Barclays; HSBC
Joint bookrunners: Citi; DBS; Deutsche Bank
Joint lead manager: SMBC Nikko
Co-managers: Mizuho Securities; Morgan Stanley
Legal advisors: Adnan Kelana Haryanto & Hermanto; NautaDutilh; Skadden, Arps, Slate, Meagher & Flom; Hiswara Bunjamin & Tandjung; Shearman & Sterling
Loan:
Mandated lead arrangers and bookrunners: Barclays, Citi, DBS, Mizuho, Shinsei, SMBC, Standard Chartered.
BEST KOREA DEAL
Bain Capital Private Equity and Goldman Sachs’ $2.7b exit of Carver Korea to Unilever
Financial advisers:
Seller: Goldman Sachs; Nomura
Legal advisers:
Acquirer: Bae Kim & Lee; Clifford Chance
Seller: Kim & Chang; Ropes & Gray
Public relations:
Brunswick advised Bain Capital
BEST MALAYSIA DEAL
Geely’s acquisition of 49.9% of Proton and 51% of Lotus, from DRB-Hicom
Financial Advisers:
Acquirer: HSBC
Legal advisers:
Seller: Wong & Partners
Public relations:
Brunswick advised Geely
BEST MONGOLIA DEAL
Government of Mongolia exchange offering and $600 million seven-year notes
Joint lead managers and joint bookrunners: Credit Suisse; JP Morgan
Financial adviser to the Government of Mongolia: SC Lowy
Legal advisers: Mayer Brown JSM; Milbank, Tweed, Hadley & McCloy; Hogan Lovells; GTs Advocates
Singapore listing agent: Allen & Gledhill
BEST MYANMAR DEAL
Thai Bev Group’s $742 million acquisition of a 75% stake in Myanmar Distillery
Financial advisers:
Seller: TPG Capital (self advised)
Buyer: Morgan Stanley
Legal advisers:
Seller: Latham Watkins
Acquirer: Weerawong C&P
Public relations:
Seller: Brunswick
BEST PAKISTAN DEAL
Pakistan Stock Exchange Ltd's $42.84 million IPO
Bookrunner: MCB Bank
Financial adviser: Arif Habib Ltd
Legal advisers: Ahmed & Qazi; Ghani Law Associates; Ijaz Ahmed & Associates; Sayeed & Sayeed
BEST PHILIPPINES DEAL
BDO Unibank $1.2 billion rights offering
Joint global coordinators: Credit Suisse; UBS; BDO Capital
Joint bookrunners: Citigroup; Goldman Sachs; HSBC
Legal adviser: Martinez Vergara Gonzalez & Serrano
BEST SINGAPORE DEAL
Grab's $2.5 billion financing round
Financial adviser to Grab: China Renaissance Group
Legal advisers:
Seller: Hughes Hubbard & Reed LLP; Sheppard Mullin Richter & Hampton LLP
Acquirer: Davis Polk & Wardwell; Herbert Smith Freehills; Paul Weiss Rifkind Wharton & Garrison
BEST SRI LANKA DEAL
Hayleys' $82 million acquisition of Singer (Sri Lanka)
Financial adviser: Asia Securities
Legal advisers:
Seller: FJ&G De Saram
Acquirer: Julius & Creasy; P.W Corporate Secretarial
BEST TAIWAN DEAL
Hon Hai Precision Industry's $500 million convertible bond
Joint bookrunners: Bank of America Merrill Lynch; Citigroup; HSBC
Legal adviser: Simpson Thacher & Bartlett
BEST THAILAND DEAL
Saha Pathana Inter-Holding Public Company’s $2.902 billion restructuring of four listed entities into one
Financial adviser: Phatra Securities
Independent financial advisers (fair opinion): Avantgarde Capital; Grant Thornton
Legal adviser: Linklaters
BEST VIETNAM DEAL
VietJet Aviation Joint Stock Company's $164 million IPO
Joint bookrunners and lead managers: BNP Paribas; Deutsche Bank; JP Morgan; Viet Capital Securities
Legal advisers: Milbank, Tweed, Hadley & McCloy; Allen & Overy
This article has been updated to ammend the list of advisers
