Winners: FinanceAsia's Achievement Awards, Part 1

We begin the announcement of our annual Achievement Awards winners with the outstanding deals by country across the region.

FinanceAsia is pleased to announce the winners of its country awards, the first of a three-part series revealing our Achievement Awards for 2018.

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

Technaf Solartech Energy's $15 million term loan

Local currency arrangers: Standard Chartered, One Bank, Shahjalal Islami Bank, Saudi Bangladesh Industrial & Agricultural Investment Company

Foreign currency arranger: Standard Chartered

Risk participator: GuarantCo

Legal advisors: Eversheds Sutherland, DFDL Bangladesh

Technical advisor: Advisian

 


BEST CAMBODIA DEAL

NagaCorp’s $300 million 9.375% May 2021 bond deal

Joint global co-ordinators: Credit Suisse, Morgan Stanley

Legal advisors: 

Issuer: Freshfields Bruckhaus Deringer, Maples & Calder, HML Law Group

Managers: Latham & Watkins, DFDL

 


BEST CHINA DEAL

Ant Financial's $14 billion Series C funding

Financial advisors: Deutsche Bank, Citi, China International Capital Corp, CITIC Securities, JPMorgan, Morgan Stanley

Legal advisors: 

To Ant Financial: Simpson Thacher & Bartlett, King & Wood Mallesons

To financial advisors: Sullivan & Cromwell LLP

To selected investors: Kirkland & Ellis, Allen & Overy

 


BEST HONG KONG DEAL

Bank of China Hong Kong’s $3 billion 5.9% additional tier 1 perpetual bond deal

Joint global co-ordinators: Bank of China, Bank of China International, Cinda International, Citi, Goldman Sachs

Joint lead managers: BNP Paribas, Guotai Junan International, Morgan Stanley

Legal advisors:

Issuer: Clifford Chance

Managers: Linklaters


BEST INDIA DEAL

Walmart’s $16 billion acquisition of a 77% stake in Flipkart Online Services

Financial advisors:

Sell side: Goldman Sachs, Raine Group

Buy side: Barclays, JP Morgan

Legal advisors:

Sell side: J. Sagar Associates, Allen & Gledhill, Cyril Amarchand Mangaldas, Dentons Rodyk & Davidson, Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, Khaitan & Co, Allen & Overy, TriLegal Partners

Buy side: Gibson Dunn & Crutcher, Hogan Lovells, Shardul Amarchand Mangaldas& Co, WongPartnership

 


BEST INDONESIA DEAL

MUFG Bank's $5.9 billion acquisition of a 40% stake in Bank Danamon from Fullerton Financial Holdings

Financial advisors:

Sell side: Credit Suisse, UBS

Buy side: JP Morgan, Mitsubishi UFJ Morgan Stanley Securities 

Legal advisors: 

Sell side: Herbert Smith Freehills, Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills, Makes & Partners, WongPartnership

Buy side: Baker McKenzie, Hadiputranto, Hadinoto & Partners

 


BEST KOREA DEAL

LG Chem's EUR 315.2 million convertible bonds due 2021 and $220 million convertible bonds due 2021

Lead Manager: Credit Suisse

Trustee: Bank of New York Mellon

Legal Advisors: Linklaters, Cleary Gottlieb Steen & Hamilton

 

 


BEST LAOS DEAL

EDL-Generation’s Bt13.7 billion ($410 million) multi-tranche bond

Financial advisor: Twin Pine Group

Joint lead arrangers: Bangkok Bank, Krung Thai Bank, Siam Commercial Bank, Thanachart Bank; Standard Chartered

Legal advisors: LS Horizon, Allen & Overy

 


BEST MALAYSIA DEAL

Saudi Aramco's $7 billion acquisition of a 50% stake in Petronas' RAPID project

Financial advisor: Morgan Stanley

Legal advisors:

Sell side: Shearman & Sterling

Buy side: White & Case

 


BEST MONGOLIA DEAL

Development Bank of Mongolia’s $500 million 7.25% October 2023 bond deal

Joint global co-ordinators: HSBC, JP Morgan, Morgan Stanley

Advisor to DBM: Frontier Strategies

Legal advisors:

Issuer: Mayer Brown

Managers: Allen & Overy

 


BEST MYANMAR DEAL

None awarded

 


BEST PAPUA NEW GUINEA DEAL

Papua New Guinea’s 8.375% October 2028 bond deal

Global co-ordinator: Credit Suisse

Joint lead manager: Citi

Legal advisors:

Issuer: Milbank Tweed Hadley & McCloy

Managers: Linklaters, Dentons

 


BEST PAKISTAN DEAL

Government of Pakistan’s $565 million 12-month syndicated term loan

Lead advisors, joint mandated lead managers and bookrunners: Credit Suisse, ICBC

Lead arrangers: Bank of Zhengzhou (and Paris branch), Export-Import Bank of China, Postal Savings Bank of China, Beijing Changping sub-branch

Legal advisors: Clifford Chance, HaidermotaBNR

 


BEST PHILIPPINES DEAL

San Miguel Food and Beverage’s Ps34.1 billion ($637 million) follow-on

Financial advisor: Standard Chartered Bank

Joint global co-ordinators: JP Morgan, Morgan Stanley, UBS

Joint bookrunners: Deutsche Bank, Goldman Sachs

Local lead underwriters: BDO Capital, BPI Capital

Legal advisors: Picazo Buyco Tan Fider & Santo, SyCip Salazar Hernandex & Gatmaitan, Latham & Watkins, Milbank Tweed Hadley McCloy LLP

 


BEST SINGAPORE DEAL

Merger between ESR-Reit and Viva Industrial Trust, S$3 billion ($2.2 billion) asset base

Financial advisors:

ESR-REIT: Citi, RHB Securities, UOB

Viva Industrial Trust: Bank of America Merrill Lynch

Joint Lead Arrangers: HSBC, Maybank, RHB Bank, UOB

Legal advisors: WongPartnership, Rajah & Tann

 


BEST SRI LANKA DEAL

The Democratic Socialist Republic of Sri Lanka’s $2.5 billion 5.75% and 6.75% April 2023 and 2028 bond deal

Joint global co-ordinators: Citi, Deutsche Bank, HSBC, JP Morgan, Standard Chartered.

Legal advisors:

Issuer: Allen & Overy

Managers: Mayer Brown, FJ & G De Saram

 


BEST TAIWAN DEAL

The $3.35 billion merger of Advanced Semiconductor Engineering (ASE) and Silicon Precision Industries (SPIL)

Financial advisors:

SPIL: JPMorgan

ASE: Citi, Credit Suisse, KGI Securities

Legal advisors:

SPIL: Jones Day, Simpson Thacher & Bartlett

ASE: Baker McKenzie, Davis Polk & Wardwell  

 


BEST THAILAND DEAL

Thai Future Fund's Bt44.7 billion ($1.372 billion) IPO

Domestic joint bookrunners: Finansa Securities, Krung Thai Bank, Phatra Securities

International joint bookrunners: Bank of America Merrill Lynch, JP Morgan

Legal advisors:

Issuer: Baker McKenzie

Managers: Linklaters

Asset owner: Weerawong C&P, Latham & Watkins

 


BEST VIETNAM DEAL

Vinhomes VND30.8 trillion ($1.349 billion) Initial Equity Offering

Joint global co-ordinators: Citi, Credit Suisse, Deutsche Bank, Morgan Stanley

Joint bookrunners: HSBC, Maybank Kim Eng Securities, Saigon Securities

Legal advisors: Latham & Watkins, Allen & Overy, VILAF

 

 

This article has been amended with updated information

¬ Haymarket Media Limited. All rights reserved.

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