Milbank, Tweed, Hadley & McCloy LLP has been shortlisted for various honors by the International Financial Law Review’s (IFLR) 2018 Asia Awards. These noteworthy awards celebrate legally innovative deals and teams within the Asia-Pacific region.
Milbank received nominations for Law Firm of the Year in the following categories:
- US Law Firm of the Year
- Restructuring Law Firm of the Year
- Debt & Equity-linked Law Firm of the Year
- Project Finance Law Firm of the Year
Milbank’s work on the following matters have also been shortlisted for Deal of the Year recognition in their respective practice areas:
- Restructuring: EMAS Chiyoda Subsea restructuring
A Milbank team advised the lending syndicate on this complex global restructuring sought by the borrower and its group. The transaction involved a unique and bespoke confirmation of the US chapter 11 process in connection with the vessel, which effectively transfers beneficial ownership to the lenders through an extensive sale process without closing of the Plan. - Debt & Equity-linked: Ayala Corporation fixed-for-life note
A Milbank team represented the joint bookrunners in this notable transaction, which marked the first undated “fixed-for-life” notes in Southeast Asia and first for an Asian corporate in 2017. - Debt & Equity-linked: Government of Mongolia's liability management and sovereign bond
A Milbank team represented the Government of Mongolia in its bond purchase offers. The transaction was unique in that it brought in urgently needed funding to Mongolia a mere two months after its former prime minister was removed from office. - Equity: Netlink NBN Trust IPO
A Milbank team advised NetLink NBN Trust and Singtel on the listing and initial public offering of NetLink Trust. The approximately $2.3 billion (US$1.7 billion) offering on the Singapore Stock Exchange was the second-largest initial public offering in Asia in 2017 and the largest IPO on the Singapore Exchange in recent years. NetLink is the sole provider of residential fibre network, under the government-led “Next Generation Nationwide Broadband Network” initiative. - Equity: VietJet Aviation IPO
A Milbank team advised the placement agents in the initial public offering of VietJet Aviation Joint Stock Company. The approximately $170 million offering of 44.78 million shares represented the largest IPO in Vietnam’s history and the country’s first internationally marketed IPO at the time. - Project Finance: Cirebon II IPP
A Milbank team is advising the Finance Parties through the fight lay complex Indonesian regulatory requirements on the development and financing of a 1,000MW coal-powered electricity generation plant in Cirebon, West Java. This project was one of the largest expansion projects in Indonesia and featured cutting-edge, super-critical technologies. - Project Finance: Muara Laboh IPP
A Milbank team represented PT Supreme Energy Muara Laboh (SEML) in connection with the development of an 80-megawatt geothermal facility at Muara Laboh in Indonesia.
The awards will be announced at a ceremony in Hong Kong on March 1.
