Watson, Farley & Williams Asia Practice LLP (“WFW”) is pleased to announce that it has advised Golar LNG Group on a US$155 million term facility and a US$20 million revolving facility for the financing of Indonesia’s first floating storage and regasification unit (FSRU), “Nusantara Regas Satu” (formerly known as the “Khannur”).

More >>

Watson, Farley & Williams Asia Practice LLP (“WFW”) is pleased to announce that it has acted on behalf of PTSC Asia Pacific Pte Ltd, (a joint venture between PetroVietnam Technical Services Corporation and Yinson Holdings Berhad) on a term loan facility of up to US$300,000,000 to finance project costs in relation to the floating production, storage and offloading (FPSO) unit “PTSC LAM SON”.

More >>

Watson, Farley & Williams Asia Practice LLP (“WFW”) is pleased to announce that it acted as legal advisor to DVB Group Merchant Bank (Asia) Ltd and Dekabank Deutsche Girozentrale on a loan facility led by DVB’s chemical, LPG and product tanker group to refinance 16 LPG carriers. The financing was implemented following a merger by Epic Shipping and Pantheon Inc for which DVB Corporate Finance separately served as exclusive financial advisor. Both the merger transaction and associated financing involved multiple jurisdictions including Panama, Malta, the Marshall Islands, Singapore, the British Virgin Islands and England and Wales.

More >>

Watson, Farley & Williams Asia Practice LLP (“WFW”) is pleased to announce that it advised Standard Chartered Bank, DVB Group Merchant Bank (Asia) Ltd and ABN AMRO Bank N.V., Singapore Branch on a US$135 million senior loan facility to Vision Drilling Pte Ltd to finance part of the construction of a Keppel FELS B Class jack-up rig named “Dynamic Vision”.

More >>

Herbert Smith Freehills has advised Axiata Group Berhad (“Axiata”) on the strategic merger in Cambodia of Hello Axiata Company Limited (“Hello”) and Latelz Company Limited (“Latelz”) which operates under its main Smart Mobile (“Smart”) brand name. The transaction has an implied enterprise value of US$180 million. Axiata now hold a 90% stake in the combined entity and emerge as one of the largest operators in Cambodia in terms of subscribers and revenue.

More >>

Ashurst has advised Concord Energy Pte Ltd and its affiliates on the sale of a 50% interest in Fujairah Oil Terminal FZC (“FOT“) to Sinomart KTS Development Limited, which completed on 3 January 2013 and FOT on the USD 251,860,000 limited recourse financing of the project, provided by a syndicate of six international banks. The financing closed on 13 February 2013.

More >>

Duane Morris & Selvam LLP (DM&S) is pleased to announce that Sarbjit Singh Chopra has joined DM&S constituent firm Selvam LLC in Singapore. The addition of Chopra as a director and co-head of the Litigation Department grows the capacity of the litigation practice in Singapore. Chopra joins from Lim & Lim LLC in Singapore.

More >>

Hogan Lovells Lee & Lee has advised the mandated lead arrangers on the successful project financing of the Fujairah Oil Terminal in the Middle East.

More >>

Gibson, Dunn & Crutcher LLP is pleased to announce it has been awarded a Qualifying Foreign Law Practice (QFLP) license by the Singapore Ministry of Law (MinLaw) to practice in permitted areas of Singapore law which include corporate work (M&A, private equity), project finance, banking & finance, capital markets, energy, international arbitration, intellectual property, fund formation and restructuring.

More >>

Sidley Austin LLP is pleased to announce that it has been granted a license to practice local law in Singapore under Singapore’s Qualifying Foreign Law Practice (QFLP) program. Sidley is one of only four firms to have been granted this license on February 19, 2013 by Singapore’s Ministry of Law, bringing the total number of QFLP firms to ten.

More >>