White & Case Advises on Innovative US$1.5 Billion Sukuk Issuance by the Republic of Indonesia

Global law firm White & Case LLP has advised the Joint Lead Managers on the issuance by the Republic of Indonesia of US$1.5 billion, 4.35 percent Sukuk due 2024.

“This transaction represents an important innovation in the way that sovereigns can issue Sukuk to fund public infrastructure development projects,” said UAE-based partner Shibeer Ahmed who, together with fellow Singapore-based partner, Kaya Proudian, led the White & Case team which advised on the issuance. “The reaction from the market demonstrates the strong investor interest in the Republic’s capital markets issuances.” More >>

Tags:  White & Case LLP | Dubai | Singapore

O’Melveny Represents GIC, Singapore’s Sovereign Wealth Fund, in Definitive Agreement for a US$700 Million Investment in XPO Logistics

O’Melveny & Myers LLP represented GIC, Singapore’s sovereign wealth fund, in a definitive agreement to invest US$700 million, along with PSP Investments and Ontario Teachers’ Pension Plan, in XPO Logistics. The transaction is scheduled to close on September 17, 2014. More >>

Tags:  O'Melveny & Myers, LLP | Silicon Valley | Singapore

Milbank Advises PT Adaro Indonesia on a US$1B Syndicated Loan

Milbank, Tweed, Hadley & McCloy LLP advised PT Adaro Indonesia on its US$1,000,000 loan facility from a consortium of lenders including ANZ, BTMU, CIMB, Citi, CTBC, DBS, HSBC, ING Bank, Maybank, Mizuho Bank, OCBC, SMBC, Standard Chartered Bank and UOB. The loan will be used to refinance existing indebtedness of the company. More >>

Tags:  Milbank LLP | Singapore

Morrison & Foerster Represents Global Logistic Properties in Formation of $3 Billion China Logistics Fund

Morrison & Foerster has represented an affiliate of Global Logistic Properties Limited, Asia’s largest provider of modern logistics facilities, in the formation of  the world’s largest China-focused logistics infrastructure fund. The fund has been formed for the primary purpose of developing, owning and managing a diversified portfolio of institutional quality logistics facilities within target markets in the People’s Republic of China.

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Tags:  Morrison & Foerster LLP | Singapore