Our annual Achievement Awards recognise excellence across Asia’s financial markets. Covering two key categories - Deal Awards and House Awards - our Achievement Awards highlight the accomplishments of key players across Asia Pacific and the Middle East, that have shown dedication to their sector.
We are delighted to announce that following receipt of nearly 1,000 submissions, our Advisory Board of external experts along with the support of our editorial team, have now completed the judging process for this year’s awards.
Please find below a list of this year’s winners of the Deal Awards - Apac category.
The rationale behind winner selection will be published in our upcoming FinanceAsia stories. We have included the participants involved based on awards' entries and research; it is not a definitive list. Please contact the FinanceAsia team if you have any questions.
North Asia = Japan, South Korea, Taiwan
South Asia = India, Pakistan, Bangladesh, Sri Lanka
Southeast Asia = Indonesia, Malaysia, Philippines, Thailand, Vietnam
> BEST BOND DEALS <
AUSTRALIA / NEW ZEALAND
CSL Financial's $1.25 billion dual-tranche 144A/Reg S senior offering
Participants: Citi, Bank of America, JP Morgan, HSBC
Highly commended: AOFM's inaugural $7 billion green treasury bond
Participants: Commonwealth Bank of Australia, Deutsche Bank, National Australia Bank, UBS, Australia Branch, Westpac Banking Corporation
CHINA - OFFSHORE
Jingzhou Municipal Urban Development Holding Group's 3-year sustainable dim-sum bond
Participants: China CITIC Bank International, Bank of China, Caitong International, Industrial Securities, CSC Financial, CITIC Securities, CMB Wing Lung Bank, CMBC Capital, Guolian Securities, Guoyuan International, Haitong International, ICBC International, Shanghai Pudong Development Bank, Shenwan Hongyuan Securities, SPDB International, TF international, CICC
CHINA - ONSHORE
National Bank of Canada's Rmb5 billion 2-year panda bond issuance
Participants: Standard Chartered, Deutsche Bank, DBS, CITIC Securities, CMB Securities
Highly commended: China Baowu Steel Group's Rmb10 billion corporate bond issuance
Participants:CITIC Securities, Guotai Junan Securities, Shenwan Hongyuan Securities, CICC
HONG KONG SAR / APAC
HKSAR's USD&EUR&CNH multi-currency green bond offering
Participants: Crédit Agricole, HSBC, Citi, JP Morgan, BNP Paribas, BofA, Morgan Stanley, UBS, Mizuho, Bank of China Hong Kong, ICBC Asia, Bank of Communications, Standard Chartered
Highly commended: Bauhinia ILBS 2
Participants: Hong Kong Mortgage Corporation, CICC, ING Bank, MUFG, Natixis, Standard Chartered, Clifford Chance
NORTH ASIA
LG Electronic's $500 million 144A/Reg S 3-year and $300 million 5-year dual tranche
Participants: BNP Paribas, Citi, HSBC, JP Morgan, Korea Development Bank, Standard Chartered
SINGAPORE
SATS' $500 million unsecured fixed rate notes due 2029
Participants: DBS, BNP Paribas, MUFG, OCBC, HSBC
Highly commended: Yinson Production's $500 million senior secured 5-year bond issuance
Participants: DNB Markets and Pareto Securities, ABG Sundial Collier; Schjodt, Wikborg Rein Advokatfirma A S; Nordic Trustee
SOUTH ASIA
Kashf's PKR2.5 billion gender bond issuance
Participants: Infra Zamin Pakistan, Arif Habib, Pakistan Credit Rating Agency, Vellani & Vellani, Pak Brunei Investment Company, Bank Alfalah, Bank of Pubjab, Standard Chartered Pakistan
SOUTHEAST ASIA
SOUTHEAST ASIA / PHILIPPINES
Maynilad Water Services PHP15 billion blue bonds
Participants: BPI Capital, BDO Capital & Investment, First Metro Investment, East West Banking
MALAYSIA / HIGHLY COMMENDED (SOUTHEAST ASIA)
Exio Logistics green hubs under RM500 million Asean Green medium term notes
Participants: Hong Leong Investment Bank
THAILAND / HIGHLY COMMENDED (SOUTHEAST ASIA)
Minor International's THB5 billion sustainability-linked bonds via private placement
Participants: Standard Chartered, Bangkok Bank, Bank of Ayudhya, Kasikornbank, Krungthai Bank, Kiatnakin Phatra Securities, The Siam Commercial Bank
INDONESIA
Republic of Indonesia $2.05 billion global bond offering
Participants: ANZ, BofA Securities, Deutsche Bank (Singapore), Morgan Stanley, UBS (Singapore), BRI Danereksa Sekuritas, Trimegah Sekuritas Indonesia, Mayer Brown, Clifford Chance
VIETNAM
Hai An Transport and Stevedoring JSC's VND500 billion convertible bond
Participants: SSI Securities
> BEST EQUITY DEALS <
AUSTRALIA / NEW ZEALAND
A$1.435 billion block trade in Worley
Participants: Citi, Goldman Sachs; Allens
Highly commended: Treasury Wine Estate’s A$825 million Paitreo to help acquire DAOU Vineyards
Participants: UBS, Macquarie Capital
CHINA - OFFSHORE / APAC
Alibaba's $5 billion convertible bond + $1.2 billion concurrent stock buyback
Participants: Citi, JP Morgan, Morgan Stanley, Barclays, HSBC
Highly commended: Lotus Tech's business combination with L Catterton; public listing in the US through a De-SPAC arrangement; approximately $880 million of private investment in public equity financing and convertible notes
Participants: Han Kun Law, Skadden, Kirkland & Ellis, Fangda Partners
CHINA - ONSHORE
Sinopec’s A-share private placement
Participants: CICC, Guangfa Securities, CITIC Securities
HONG KONG SAR
Zhejiang Expressway's HK$6.7 billion rights issue
Participants: BNP Paribas, DBS, CLSA, CICC, Zheshang International, Davis Polk, Clifford Chance
SINGAPORE
CapitaLand Integrated Commercial Trust's S$1.1 billion private placement and preferential offering
Participants: United Overseas Bank, JP Morgan; Venture Law, Allen & Gledhill
Highly commended: Reverse takover of 3Cnergy by DTP Inter Holdings Corporation for a consideration of approximately S$443.8 million
Participants: PrimePartners Corporation Finance, Allen & Gledhill LLP
SOUTH ASIA
JSW Energy's $600 million qualified institutional placement
Participants: Jefferies India; Khaitan & Co, Shardul Amarchand Mangaldas & Co
Highly commended: Vodafone Idea's $2.15 billion follow-on public offering of equity shares
Participants: Axis Capital, Jefferies, SBI Capital; Sidley Austin, Cyril Amarchand Mangaldas & Co, AZB & Partners
SOUTHEAST ASIA
Johor Plantations Group IPO on Bursa Malaysia
Participants: RHB Investment Bank, AmInvestment Bank, CIMB Investment Bank, CLSA Singapore, CLSA Securities Malaysia, Affin Hwang Investment Bank
Highly commended: San Miguel Corporation's PHP34 billion preferred shares
Participants: SB Capital, Bank of Commerce, BDO Capital & Investment, China Bank Capital, Asia United Bank, Bank of Commerce, BPI Capital, Land Bank of the Philippines, PNB Capital and Investment, RCBC Capital, Union Bank of the Philippines
> BEST INFRASTRUCTURE DEALS <
AUSTRALIA / NEW ZEALAND
Blackstone's acquisition of Airtrunk
Participants: Deutsche Bank, Morgan Stanley, RCBC Capital Markets, Macquarie Capital, Goldman Sachs
Highly commended: Contact Energy’s proposed acquisition of Manawa Energy
Participants: UBS New Zealand, Cameron Partners/Rothschild & Co, Lazard Australia; Bell Gully, Harmos Horton Lusk
CHINA - ONSHORE
CAMC-China Resources TBEA Renewable Energy's Closed-end Infrastructure Securities Investment Fund
Participants: CITIC Securities, China Asset Management, Agricultural Bank of China; Zhong Lun Law Firm
HONG KONG SAR
Bauhinia ILBS 2
Participants: CICC, ING Bank, MUFG, Natixis, Standard Chartered, Clifford Chance
SINGAPORE / APAC
Yinson Boronia Production's inaugural project bond with a $1.035 billion Senior Secured Notes due 2042
Participants: Santander, Citi, Norton Rose Fulrbright, Cescon Barrieu
Highly commended: Stonepeak's highly structured preferred strategic investment into AGP Sustainable Real Assets
Participants: Sidley Austin, Clifford Chance, King & Wood Mallesons, Shardul Amarchand Mangaldas & Co, NautaDutilh, Burness Paull, WongPartnership, Setterwalls Advokatbyra
SOUTH ASIA
AdaniConneX’s $1.44 billion Sustainability-Linked Project Finance for an under-construction data centre portfolio in India
Participants: ING Bank, Intesa Sanpaolo, KfW IPEX, MUFG, Natixis, Standard Chartered, Societe Generale, SMBC
SOUTHEAST ASIA
SOUTHEAST ASIA / INDONESIA
ADIA and APG's investment in Indonesia Investment Authority's toll road platform, PT Rafflesia Investasi Indonesia
Participants: Rothschild & Co, Clifford Chance
PHILIPPINES / HIGHLY COMMENDED (SOUTHEAST ASIA)
New NAIA Infrastructure Corporation's PHP80 billion syndicated term loan facility
Participants: Bank of Commerce, BDO Capital & Investment, Asia United Bank, China Bank Capital, SB Capital Investment, BDO Unibank, China Banking, Development Bank of the Philippines, Security Bank
MALAYSIA
Worldwide Holdings' RM999 million syndicated green financing facility
Participants: Maybank Investment Bank
VIETNAM
Petrovietnam Power's XNhon Trach 3&4 Power Plant
Participants: Citi, ING
> BEST IPO <
CHINA - OFFSHORE
J&T Express' $500 million listing on HKEX
Participants: CICC, Morgan Stanley, Bank of America Securities, UBS AG (HK), CCB International Capital, CMB International Capital, Huatai Financial, BOCI Asia, ABCI Capital; Han Kun, Rahmat Lim & Partners
CHINA - ONSHORE
Grandtop Yongxing’s Rmb2.43 billion IPO
Participants: CITIC Securities, Guotai Junan Securities
HONG KONG SAR /APAC
Super Hi's dual listing on Nasdaq
Participants: Kirkland & Ellis, Conyers Dill & Pearman, Drew & Napier LLC, Bizlink Lawyers, Lee Hishammuddin, Allen & Gledhill, Paul Hastings
Highly commended: QuantumPharm's listing on HKEX
Participants: CLSA, CITIC Securities, CICC, Jefferies, Deutsche Bank, CMB International, Sidley Austin, Fangda Partners, Herbert Smith Freehills, JunHe, PwC
NORTH ASIA
Kokusai Electric's ¥124.5 billion ($831.7 million) listing on Tokyo Stock Exchange
Participants: KKR (GP), Mitsubishi UFJ Securities, Davis Polk
SOUTH ASIA
NRB Bank’s BDT1 billion listing in Bangladesh
Participants: UCB Investment, Shahjalal Equity Management
Highly commended: OLA Electronic's listing in India
Participants: Kotak Mahindra Capital, Citi, BofA Securities, Goldman Sachs, Axis Capital, ICICI Securities, SBI Capital Markets, BOB Capital Markets
SOUTHEAST ASIA
Speed Mart Retail Holdings RM13. 9 billion IPO on Bursa Malaysia
Participants: CIMB, Affin Hwang Investment Bank, RHB Investment Bank, Lee Choon Wan & Co
Highlgy commended: Johor Plantations Group's RM735 million IPO on Bursa Malaysia
Participants: RHB Investment Bank, Latham & Watkins, AmInvestment Bank, CIMBC Investment Bank, CLSA Singapore, CLSA Securities Malaysia, Affin Hwang Investment Bank
> BEST ISLAMIC FINANCE DEALS <
SINGAPORE
Wealthy Pink's S$2.7 billion conventional term loan and Islamic Murabahah facilities
Participants: DBS Bank, Malayan Banking Singapore branch, Sumitomo Mitsui Banking Corporation Singapore branch, United Overseas Bank (UOB), Allen & Gledhill
SOUTH ASIA
Islamic Bank Bangladesh's BDT8 billion Mudaraba redeemable, non-convertible, unsecured subordinated bond
Participants: UCB Investment
SOUTHEAST ASIA
SOUTHEAST ASIA / APAC / INDONESIA
Republic of Indonesia's $2.35 billion 144A sukuk offering
Participants: MUFG, Citi, Dubai Islamic Bank, HSBC, Mandiri Securities, BRI Danareksa Sekurta, PR Trimegah Sekuritas Indonesia
MALAYSIA / HIGHLY COMMENDED (SOUTHEAST ASIA)
Silver Formula ABS's sukuk, up to RM94.81 million in differenent tranches
Participants: NewParadigm Securities, Silver Formula Capital, Public Investment Bank, Adnan Sundra & Low
PHILIPPINES
Republic of Philippines' Sukuk Trust's $1 billion issuance
Participants: Citi, Deutsche Bank, Dubai Islamic Bank, HSBC, MUFG, Standard Chartered
> BEST M&A DEALS <
AUSTRALIA / NEW ZEALAND / APAC
50% sale in Eastland Generation to Obayashi Corporation at an implied enterprise value of NZ$503 million
Participants: Forsyth Barr, Chapman Tripp
Highly commended: PSP Consortium’s A$2.5 billion acquisition of Costa Group
Participants: Citi, JP Morgan, UBS; Allen & Gledhill, Kirkland & Ellis
CHINA - OFFSHORE
Participants: Nomura Securities, CICC, PwC; Osborne Clarke, JunHe, Clifford Chance, King & Wood Mallesons
Highly commended: Royal Golden Eagle's CNH15 billion syndicated loan for the acquisition of Vinda International Holdings
Participants: Bank of China Macau, BNP Paribas, CICC, Linklaters, Clifford Chance
CHINA - ONSHORE
$8.3 billion sale of 60% stake in Zhuhai Wanda to PAG-led consortium
Participants: Deutsche Bank
Highly commended: NISCO acquisition by CITIC Pacific
Participants: CITIC Securities
Asia Pacific Resources International’s HK$21.6 billion voluntary general offer for Vinda International Holdings
Participants: HSBC, Norton Rose Fulbright, Bank of America, BNP Paribas, CICC, Kirkland & Ellis, Clifford Chance
Highly commended: HKT sale of 40% stake in its passive network assets to China Merchants Capital
Participants: Deutsche Bank, Clifford Chance
NORTH ASIA
Renesas Electronics’ 100% acquisition of Altium
Participants: Deutsche Bank, JP Morgan, King & Wood Mallesons, Reed Smith, DLA Piper, Covington & Burling, Nagashima Ohno & Tsunematsu
Highly commended: WT Microelectronics’ $3.8 billion acquisition of Future Electronics
Participants: Citi, Canaccord Genuity Corp., DBS; Skadden, Arps, Slate, Meagher & Flom, Osler, Hoskin & Harcourt, Tsar & Tsai Law Firm, Mintz, Levin, Cohn, Ferris, Glocsky and Popeo, P.C.
SINGAPORE
Sale of Eu Yan Sang to consortium led by Rohto Pharmaceutical and Mitsui & Co
Participants: Deutsche Bank, DBS, UBS, Wong Partnership, Allen & Gledhill
SOUTH ASIA
MHIL's acquisition of Sahara Hospital
Participants: Standard Chartered
Highly commended: Acquisition by Saudi Aramco Oil Company of a 40% stake in Gas and Oil Pakistan
Participants: Standard Chartered
SOUTHEAST ASIA
SOUTHEAST ASIA / THAILAND
Acquisition of 65.99% shares in Esso (Thailand) Public Company by Bangchak Corporation Public Company
Participants: Kiatnakin Phatra Securities, JP Morgan, DLA Piper
Highly commended: ThaiBev exit from property business via share swap
Participants: DBS, WongPartnership
INDONESIA
Medco Energi Internasional's $713 million acquisition of a 20% interest in each of Block 60 and Block 48
Participants: Standard Chartered
MALAYSIA
Ramsay Healthcare and Sime Darby’s sale of Ramsay Sime Darby Health CAare to Columbia Asset Healthcate
Participants: Deutsche Bank, Rahmat Lim & Partners
PHILIPPINES
Merger between Bank of the Philippine Islands and Robinsons Bank
Participants: BPI Corporation
VIETNAM
Thomson Medical Group's acquisition of FV Hospital
Participants: Maybank Investment Bank
> BEST PRIVATE EQUITY DEALS <
AUSTRALIA / NEW ZEALAND / APAC
Blackstone's acquisition of Airtrunk
Participants: Deutsche Bank, Morgan Stanley, RCBC Capital Markets, Macquarie Capital, Goldman Sachs
CHINA - OFFSHORE
Carlyle on sale of interest in McDonald’s China to McDonald’s Corporation
Participants: Kirkland & Ellis, JunHe, Jones Day
Highly commended: Advent acquires minority stake in Seek Pet Food
Participants: Boyu Capital (investor)
HONG KONG SAR
PAG’s $8.3 billion Joint Investment in Newland Commercial Management
Participants: Simpson Thacher & Bartlett, A&O Shearman
NORTH ASIA
Carlyle Group’s acquisition of KFC Holdings Japan
Participants: Kirkland & Ellis, Nishimura & Asahi, Linklaters, Mori Hamada & Matsumoto, Nagashima Ohno & Tsunematsu
Highly commended: Blackstone’s sale of Geo-Young to MBK partners
Participants: Deutsche Bank, Morgan Stanley, Goldman Sachs, Samsung Securities; K&C Cleary Gottlieb, Steen & Hamilton LLP, Ropes & Gray
SOUTH ASIA
Ispahani's acquisition of a minor stake in Tampaco Foils
Participants: UCB Investment, Farooq & Associates
SOUTHEAST ASIA
Disposal of APIIT Education Group by Asia Pacific Education Holdings to TPG's The Rise Funds (stake sold by KV Asia Capital)
Participants: Rahmat Lim & Partners,
Highly commended: BlackRock's Climate Finance Partnership's investment in Ditrolic Energy
Participants: Clifford Chance
> BEST PROJECT FINANCE DEALS <
AUSTRALIA / NEW ZEALAND
MREH's A$400 million debt financing
Participants: Société Générale, Westpac, Standard Chartered, Export Development Canada, White & Case, Ashurst
CHINA - ONSHORE
CSPC's $5.5 billion term loan and a $450 million working capital facility
Participants: CNOOC Finance Corporation, Bank of China, Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, Bank of Communications, Zhong Lun Law Firm
NORTH ASIA
ARE's 20-year c.TWD8.25 billion project financing
Participants: CTBC Bank, MUFG, E.SUN Bank, SMBC, Standard Chartered, KGI
SINGAPORE / APAC
BIC V portfolio size of approximately $508.3 million
Participants: Citi, Standard Chartered, MUFG, Natixis, Overseas-Chinese Banking Corporation, Société Générale
SOUTH ASIA
Serentica's project financing of 200 MW RTC
Participants: Société Générale, Cooperative Rabobank U.A., Export-Import Bank of India, India Infrastructure Finance Company, MUFG, YES Bank, KKR, Twinstar Overseas, Dentons, Luthra & Luthra, Norton Rose Fulbright
SOUTHEAST ASIA
SOUTHEAST ASIA / INDONESIA
Climmangis Citibung Tollways CDS facility
Participants: Indonesia Infrastructure Fund, BNI, Siahaan Indarmis, Andarumi & Partners
MALAYSIA / HIGHLY COMMENDED (SOUTHEAST ASIA)
World Holdings' waste to energy project
Participants: Maybank
PHILIPPINES / HIGHLY COMMENDED (SOUTHEAST ASIA)
AltEnergy's PHP8 billion senior secure term loan
Participants: BPI Capital, Security Bank
VIETNAM
Petrovietnam Power Company's Nohn Trach 3&4 Power Plant
Participants: Citi, ING
> BEST PROPERTY DEALS <
AUSTRALIA / NEW ZEALAND
Blackstone's acquisition of Airtrunk
Participants: Deutsche Bank, Morgan Stanley, RCBC Capital Markets, Macquarie Capital, Goldman Sachs
CHINA - OFFSHORE
Bain Capital's $250 million joint venture with DNE for China New Economy Infrastructure
Participants: Kirkland & Ellis, King & Wood Mallesons
CHINA - ONSHORE
Link REIT's acquisition of China Vanke’s 50% stake in Link Plaza Qibao
Participants: Zhong Lun Law Firm, Cushman & Wakefield
HONG KONG SAR
HK$14.438 billion sustainability-linked syndicated term and revolving loan facilities for 16 borrowers, sponsored by Gateway Real Estate Fund V L.P., Gateway V Co-Investment (Doris), L.P. (“Gaw”),Great Wall Pan Asia Holdings Limited (“Great Wall”) and GLQ Broad Street Holdings Ltd
Participants: ANZ, Standard Chartered, UOB
SINGAPORE
Supreme JV Holding Pte Ltd | Lendlease & Warburg Pincus' S$1.065 billion senior secured term loan and bank guarantee facilities
Participants: DBS, HSBC, UOB; Allen & Gledhill
Highly commended: Digital Core REIT's $120 million private placement
Participants: DBS, Citi, Bank of America, BNP Paribas, OCBC, UOB; Allen & Gledhill
SOUTHEAST ASIA
SOUTHEAST ASIA / APAC / THAILAND
ThaiBev's exit from the property business via a share swap with its parent for majority ownership in F&N
Participants: DBS
INDONESIA / HIGHLY COMMENDED (SOUTHEAST ASIA)
IDR3.73 trillion syndicated senior secured green loan and term loan facility for PT Putragaya Wahana
Participants: UOB
MALAYSIA
ESIM Capital's green SRI sukuk
Participants: NewParadigm Securities, UOB (Malaysia)
PHILIPPINES
Vista Land's $300million 9.375% senior unsecured fixed rate notes due 2029
Participants: DBS, HSBC, Union Bank of the Philippines
> BEST STRUCTURED FINANCE DEAL <
CHINA - OFFSHORE
The acquisition of Hollysys Automation Technologies Ltd. by Ascendent Capital Partners
Participants: Industrial Bank HK
CHINA - ONSHORE
CMB Financial Leasing Co., Ltd's (CMBFL) Rmb1.6 billion Sustainable Development Loan
Participants: MUFG, SMBC, Fubon, Bank of China, Bank of Shanghai
Highly commended: Xinyue's Rmb600 million Micro Business Loan ABN from Qifu Technology,
Participants: HSBC
HONG KONG SAR / APAC
Bauhinia ILBS 2
Participants: CICC, ING Bank, MUFG, Natixis, Standard Chartered, Clifford Chance
Highly commended: The acquisition of Hollysys Automation Technologies Ltd. by Ascendent Capital Partners
Participants: Industrial Bank HK, Davis Polk
NORTH ASIA
WT Microelectronics and Morrihan International Corp's $3.8 billion Bridge Facility
Participants: DBS
Highly commended: Korean Airline's $208 million-equivalent Samurai Sustainability-Linked Loan
Participants: MUFG, SMBC
SINGAPORE
CIS' Senior Secured S$300 million Bridge + S$280 million Take Out Term Loan Facility
Participants: DBS, Deutsche Bank, UOB KayHian
Highly commended: The government of Singapore's S$2.5 billion green bonds
Participants: DBS, Deutsche Bank, UOB KayHian; Allen & Gledhill
SOUTH ASIA
Fund raise of Rs4.65 billion ($56 million) for Aliens Developers Private Ltd
Participants: Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund managed by SBI, Nisus Finance, Phoenix ARC, Azalea Capital
SOUTHEAST ASIA
Ayala Land's PHP6 billion Asean sustainability linked bond
Participants: BDO Capital, BPI Capital, China Bank Capital, Land Bank of the Phiippines, SB Capital, RCBC Capital)
Highly commended: Exsim Capital Resources' tranche 5 Asean green SRI sukuk
Participants: NewParadigm Securities
> BEST SUSTAINABLE FINANCE DEALS <
AUSTRALIA / NEW ZEALAND
Cromwell Property Group's A$1.2 billion Green and Sustainability-Linked Loan
Participants: ANZ, Bank of China Sydney, Clean Energy Finance Corporation, CBA, Credit Agricole, ING Bank, NAB, Societe Generale
Highly commended: MCP Wholesale Investment Trust's A$500 million Sustainability-Linked Revolving Credit Facility
Participants: Standard Chartered
CHINA - OFFSHORE
Bank of China's CNH and USD multi-tranche BRI-partner sustainability notes
Participants: HSBC
Highly commended: China Construction Bank Financial Leasing's $150 million Long Term Transition Shipping Finance
Participants: Standard Chartered
HONG KONG SAR
West Kowloon Cultural District Authority's HK$5 billion sustainability-linked term and revolving facilities
Participants: Standard Chartered
NORTH ASIA
Posco's $500 million 3-year Green 144A/Reg S senior unsecured bond
Participants: HSBC
Highly commended: Far Eastern New Century's NTD2.5 billion Corporate Sustainable Exchangeable Bond
Participants: KGI Securities, SinoPac Bank, Oriental Securities
SINGAPORE
Impact Investment Exchange's $88 million 4-year Women's Livelihood Bond
Participants: ANZ, Standard Chartered, Clifford Chance
Highly commended: EJA's $500 million Revolving Credit Facility
Participants: Standard Chartered
SOUTH ASIA
AdaniConneX's $875 million syndicated sustainability-linked loan
Participants: ING Bank, Intesa Sanpaolo, KfW IPEX, MUFG, Natixis, Standard Chartered, Societe Generale, SMBC
Highly commended: Kashf's PKR2.5 billion gender bond issuance
Participants: Infra Zamin Pakistan, Arif Habib, Pakistan Credit Rating Agency, Vellani & Vellani, Pak Brunei Investment Company, Bank Alfalah, Bank of Pubjab, Standard Chartered Pakistan
SOUTHEAST ASIA / APAC / MALAYSIA
Exism Capital Resources special purpose funding vehicle (up to RM3 billion)
Participants: NewParadigm Securities, United Overseas Bank (UOB) Malaysia, Adnan Sundra & Lo
PHILIPPINES / HIGHLY COMMENDED (SOUTHEAST ASIA)
Rizal Commercial Banking partnership with Citicore Renewable Energy Corporation (CREC)
Participants: Rizal Commercial Banking
INDONESIA
Republic of Indonesia $2 billion dual-tranche trust certificates
Participants: CIMB, Citigroup Global Markets, Dubai Islamic Bank, Mandiri Securities, Standard Chartered, White & Case, Trimegah Sekuritas, BRI Danareksa Sekuritas, Thamrin & Rekan
THAILAND
Thai Union Group's Thb11.5 billion sustainability-linked loan
Participants: MUFG, Bank of Ayudhya, HSBC, Mizuho, SMBC
> BEST SYNDICATED LOAN DEALS <
AUSTRALIA / NEW ZEALAND
Orora's acquisition of Saverglass SAS
Participants: AFRY Capital, Citi, Macquarie Capital
Highly commended: Viva Energy A$1 billion Term Loan Facilities
Participants: DBS, ANZ, Mizuho, MUFG, NAB, UOB, WBC, plus consortium of 22 lenders
CHINA - OFFSHORE
Royal Golden Eagle's CNH15 billion syndicated loan for the acquisition of Vinda International Holdings
Participants: Bank of China Macau Branch, ICBC, CCB, PSCB, China Minsheng Bank, Industrial Bank, Ping An Bank, Shanghai Pudong Development Bank, China Merchants Bank, Clifford Chance
Highly commended: Kuaishou's 3-year CNH9 billion syndicated term loan facility
Participants: China Merchants Bank, Pudong Development Bank, CITIC Bank, Industrial Bank, Ping An Bank, HSBC China, Minsheng Bank, Bank of Beijing, Hang Seng Bank, Bank of Faba-Pakistan China, Standard Chartered China, Jiangsu Bank
HONG KONG SAR
United Asia Finance's HK$3.9 million syndicated term loan and revolving credit facility
Participants: Standard Chartered, China Zheshang Bank, KGI Bank, Bank Singpac, Nanyang Commercial Bank
Highly commended: ICBCIL Finance Company Limited's $1 billion term loan facility
Participants: Industrial and Commercial Bank of China (Asia), Agricultural Bank of China Hong Kong, OCBC, Ping An Bank, Nanyang Commercial Bank, China Guangfa Bank, Bank of Communications, China CITIC Bank, Dah Sing Bank, DBS Bank, The Norinchukin Bank, The Korea Development Bank, Bank of China Frankfurt Branch, Chiyu Banking Corporation, Tai Fung Bank, Bank of China Rotterdam Branch, Banque Internationale a Luxembourg
SINGAPORE
Seatrium's S$1.1 billion committed syndicated bank guarantee facility
Participants: Simmons & Simmons, Standard Chartered, DBS Bank, Shanghai Pudong Development Bank, Mizuho Bank, Emirates NBD Bank, First Abu Dhabi Bank, Malayan Banking Berhad, Clifford Capital
Highly commended: Aircastle's $600 million syndicated revolving credit facility
Participants: Bank of China, Caixa, CBA, SMTB, CUB, DBS, Taishin, plus lending consortium of 15 banks
SOUTH ASIA
JSW Steel Limited's $900 million syndicated term loan facility
Participants: DBS, BNP Paribas, CTBC, FAB, HSBC, Mashreq, Standard Chartered, SMBC, Intesa Sanpaolo, APICORP, CBD, DZ, BOT, CHCB, TIB, TBB, FCB, SBI Shinsei, BOK, LBT, TW Shin Kong, Taichung Commercial, TCB, San-in-Good, Hyakugo Bank
Highly commended: Beacon Pharmaceutical's BDT3.768.8 billion syndicated term loan facility
Participants: UCB Investment, Eastern Bank, Janata Bank, United Commercial Bank, Bank Asia, Jamuna Bank, ONE Bank, Rupali Bank
SOUTHEAST ASIA
SOUTHEAST ASIA / APAC / INDONESIA
PT Mineral Industri Indonesia (Persero) $1.5 billion senior unsecured term loan and revolving credit facilities
Participants: DBS, Bank of China (Hong Kong), BNP Paribas, BNI, Citi, Maybank, Mizuho, MUFG, OCBC, SCB, SMBC, UOB
THAILAND / HIGHLY COMMENDED (SOUTHEAST ASIA)
Syndicated financing of Thb7.6 billion for Italian-Thai Development Public Company
Participants: Weerawong C&P, Bangkok Bank, Kasikornbank, Siam Commercial Bank, Krung Thai Bank
MALAYSIA
MR2.37 billion secured green term loan facilities for LQ Retail and LQ Hotel
Participants: UOB
PHILIPPINES
San Miguel Corporation's $2 billion five-year syndicated term loan facility
Participants (according to sources cited by Bloomberg): Standard Chartered, ANZ, Bank of China (Hong Kong), CTBC Bank, ING, Maybank Kim Eng Securities, Mitisubishi Financial Group, Mizuho Bank, Rabobank, Sumitomo Mitsui Banking
VIETNAM
Techcom Securities' $175 million syndicated loan facility
Participants: Standard Chartered, CTCB Bank, Taipei Fubon Commercial Bank, Taishin International Bank, KGI Bank
> BEST VENTURE CAPITAL DEALS <
SINGAPORE
YouTrip's $50 million Series B fundraising
Participants: Lightspeed Ventures (lead investor), Allen & Gledhill
SOUTHEAST ASIA / APAC
Openspace Ventures' investment in Fano Labs
Participants: Openspace Ventures (lead investor)
> MOST INNOVATIVE DEALS <
AUSTRALIA / NEW ZEALAND
Alcoa's $3 billion acquisition of Alumina
Participants: BofA Securities, Flagstaff Partners, JP Morgan, UBS
Highly commended: CRH's A$2.9 billion acquisition of Adbr
Participants: UBS, Macquarie, Barrenjoey, Morgan Stanley; Gilbert & Tobin, HSF
CHINA - OFFSHORE
The acquisition of Hollysys Automation Technologies Ltd. by Ascendent Capital Partners
Participant(s): Industrial Bank Hong Kong, Davis Polk
Highly commended: Alibaba's $5 billion convertible bond + $1.2 billion concurrent stock buyback
Participants: Citi, JP Morgan, Morgan Stanley, Barclays, HSBC
CHINA - ONSHORE
Nanjing Iron and Steel Group's acquisition by CITIC Pacific
Participants: CITIC Securities
Highly commended: State Grid Overseas Investment's Rmb1 billion panda bond issuance
Participants: CITIC Securities, ICBC, Bank of China
HONG KONG SAR / APAC
Privatisation of L’Occitane
Participants: Kirkland & Ellis, Skadden, Arendt, Loyens, Freshfields, Linklaters and Fried Frank, White & Case, Clifford Chance
Highly commended: Super Hi's dual listing on Nasdaq
Participants: Kirkland & Ellis, Conyers Dill & Pearman, Drew & Napier, Bizlink Lawyers, Lee Hishammuddin Allen & Gledhill, Paul Hastings
Highly commended: HKSAR Government's $750 million equivalent digital green bonds
Participants: Bank of China Hong Kong, Crédit Agricole CIB, Goldman Sachs, ICBC Asia, UBS, HSBC
NORTH ASIA
SK Bioscience’s acquisition of 60% stake in IDT group
Participants: Deutshce Bank, Commerzbank, Norddeutsche Landesbank; Sullivan & Cromwell
SINGAPORE
STT GDC's issuance of S$450 million 5.70% sustainability-linked perpetual securities
Participants: Standard Chartered, DBS, UOB; Allen & Gledhill
SOUTH ASIA
Refinancing for East India’s LNG Regasification Terminal Project in Dhamra, Odisha
Participants: Standard Chartered
Highly commended: Kashf's PKR2.5 billion gender bond issuance
Participants: Infra Zamin Pakistan, Arif Habib, Pakistan Credit Rating Agency, Vellani & Vellani, Pak Brunei Investment Company, Bank Alfalah, Bank of Pubjab, Standard Chartered Pakistan
SOUTHEAST ASIA
SOUTHEAST ASIA / THAILAND
ThaiBev's property exit and share swap
Participants: DBS, WongPartnership
Highly commended: PHP 80 billion syndicated term loan facility for the rehabiliation of Ninoy Aquino International Airport
Participants: BDO Capital
PHILIPPINES / HIGHLY COMMENDED (SOUTHEAST ASIA)
Ayala Land's PHP6 billion sustainability-linked bonds
Participants: BDO Capital, BPI Capital, China Bank Capital, Land Bank of the Philippines, RCBC Capital, SB Capital Investment
INDONESIA
PT Charoen's $200 million and IDR7.5 trillion senior revolving credit facilities
Participants: Citi, DBS, plus consortium of other banks
MALAYSIA
Johor Plantations Group IPO on Bursa Malaysia
Participants: CIMB, AM Investment Bank, Affin Hwang Investment Bank, CLSA Singapore, CLSA Securities Malaysia
