Herbert Smith Advises Standard Chartered Bank on the Establishment of a S$750 Million EMTN Programme by LMIRT Capital Pte Ltd

Herbert Smith has recently advised Standard Chartered Bank as the arranger and dealer on the establishment of a S$750 million Euro Medium Term Note (“EMTN”) programme by LMIRT Capital Pte Ltd and the first two fixed rate note issues under that programme. The EMTN programme is guaranteed by HSBC Institutional Trust Services (Singapore) Limited, in its capacity as trustee of Lippo Malls Indonesia Retail Trust (the “LMIRT Trust”). The first two note issues under the EMTN programme comprise the series 1 S$200 million 4.88% Notes due 2015 and the series 2 S$50 million 5.875% Notes due 2017.

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Tags:  Herbert Smith Freehills Kramer LLP | Singapore

Herbert Smith and HBT Advise Credit Suisse and Deutsche Bank on US$74 Million Treasury Share Sale by Bank Central Asia

Herbert Smith and its associated Indonesian law firm Hiswara Bunjamin & Tandjung (HBT) have advised Credit Suisse and Deutsche Bank as placing agents in connection with the offering and sale of treasury shares in PT Bank Central Asia Tbk, an Indonesian retail and commercial bank listed on the Indonesia Stock Exchange.

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Tags:  Herbert Smith Freehills Kramer LLP | Singapore

Drew & Napier Acted as Counsel to DMG & Partners Securities Pte Ltd in Connection with the S$110 Million Reverse Takeover of Ultro Technologies Limited

Drew & Napier acted for DMG & Partners Securities Pte Ltd (DMG), the financial adviser to Ultro Technologies Limited, in the acquisition (Acquisition) of the entire issued and paid-up share capital of Ley Choon Constructions and Engineering Pte Ltd for the consideration of S$110 million.

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Tags:  Drew & Napier LLC | Singapore

Leading Foreign Lawyers Make the Move to Stamford Law

Stamford Law’s growth as a major regional player has received a significant boost with the admission of two international leading lawyers, Justyn Jagger and Timothy Cooke, and local talent, Wong Kee Fong, who bring extensive regional experience to the firm. Attracting leading international lawyers, Justyn Jagger and Timothy Cooke from recognised global practices is a real coup for Stamford Law and a milestone in its development as a major regional law firm.

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Tags:  Singapore

WFW Asia Practice Acts for Brunei Gas Carriers Sdn Bhd on a US$170m Secured Islamic Finance Facility for Newbuild LNG Vessel Acquisition

The Singapore office of Watson, Farley & Williams LLP (“WFW”) is pleased to announce that it has advised Brunei Gas Carriers Sdn Bhd (“BGC”) on the raising of US$170 million to fund the acquisition of one 155,000m3 newbuild LNG vessel. The vessel will be chartered under a long term charter to Brunei LNG Sdn Bhd. WFW also advised BGC on the shipbuilding contract, shipping services agreements and charter documents for the newbuild LNG vessel.

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Tags:  Watson Farley & Williams LLP | Singapore

WFW Asia Practice Acts for Brunei Gas Carriers Sdn Bhd to Secure a US$83 Million Secured Islamic Finance Facility to Refinance the “Abadi”

The Singapore office of Watson, Farley & Williams LLP (“WFW”) is pleased to announce that it advised Brunei Gas Carriers Sdn Bhd (“BGC”) on the raising of US$83 million to fund the refinancing of existing facilities for the LNG vessel called the “Abadi”. The WFW Singapore office also acted for BGC for the existing Abadi facilities.

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Tags:  Watson Farley & Williams LLP | Singapore

New Project Finance Partner in Singapore Strengthens BLP’s Energy and Oil & Gas Capabilities

International law firm Berwin Leighton Paisner (BLP) has announced that it has hired energy project finance specialist, Nomita Nair, as a partner in its Finance practice in Singapore. As well as adding strength to the projects team, Nomita’s appointment reinforces the firm’s strategic intention to develop strong infrastructure, energy and oil and gas capabilities on a global scale.

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Tags:  Berwin Leighton Paisner LLP | Singapore

Norton Rose Advises PT Wampu Electric Power on 45MW Hydro Energy Project in North Sumatra, Indonesia

International legal practice Norton Rose Group, has advised PT Wampu Electric Power on the development and project financing of a 45MW hydroelectric power project scheduled for completion in 2015 in North Sumatra, Indonesia. PT Wampu Electric Power is owned by Korea Midland Power Co. Ltd., POSCO Engineering Co. Ltd. and Indonesia’s PT Mega Power Mandiri.

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Tags:  Norton Rose Fulbright | Singapore