Capital Markets: Derivatives & Structured Products
Global Guide 2024 : Asia-Pacific Region
Band 2
Email address
[email protected]Contact number
+852 2974 7000Chambers Review
A&O Shearman is reputed as a go-to firm for a wide variety of capital markets mandates, with particular strength in complex cross-border debt and hybrid product work. It is well recognised for handling a solid line-up of cross-border high-yield offerings. The firm is also very skilled at advising on equity issuances in the region. It is especially well respected in the major hubs of Hong Kong, Australia and Singapore, and additionally maintains a strong presence across the South-East Asia region, where it has standout practices in Thailand and Indonesia. It maintains a highly rated Hong Kong securitisation and derivatives practice, supported by resources in Singapore. The practice is highly experienced advising on matters relating to the education, energy and manufacturing sectors. The firm is valued for US law expertise across the region, particularly advising on SEC compliance. On 1st May 2024, Allen & Overy and Shearman & Sterling merged to form A&O Shearman.
John Lee, Lina Lee and Kyungwon Lee are key contacts in Hong Kong, while Yvonne Siew is a main point of contact for derivatives and structured products. Pallavi Gopinath Aney in Singapore is a key contact for clients. Karolina Popic and Tony Sparks are practice leads in Australia. Masahisa Ikeda is a key contact in Tokyo.
Work Highlights
- The firm advised the lead managers on Hong Kong Mortgage Corporation’s issuance of HKD8 billion 5.00% notes due 2024.
- The team acted for Thai Life Insurance on its IPO on the Stock Exchange of Thailand worth THB37.1 billion.
- The firm advised the joint lead managers and joint bookrunners on the Government of Mongolia’s issue of USD450 million 8.65% bonds due 2028.
- The team acted as Australian and US counsel to Macquarie International Finance on its establishment of a USD5 billion US commercial paper programme.
- The firm acted for Morgan Stanley as dealer manager on Energy Resources' tender offer for the outstanding 9.250% senior notes due 2024 issued by Mongolian Mining and Energy Resources, using 'modified Dutch auction' procedures.
Strengths
Provided by Chambers
"One of the team's strengths is its connectivity in the market. It really helps to provide a seamless execution. They understand our commercial needs and are good to work with as people. I value their connectivity and commerciality."
"The firm are always able to provide professional advice to the issuer, as well as other parties, in a Hong Kong IPO transaction. They have extensive experience in Hong Kong capital markets and are able to apply their experience to solving different novel issues."
"Their Thailand team has many good experts, especially in capital markets products."
"Their general client service is fantastic, very user-friendly and reliable. They have a very approachable team, and I am always impressed by their specialist knowledge."
"Their strengths are responsiveness and skill in analysing situations. I can be assured there are no loopholes when they look at the matter."
"One of the team's strengths is its connectivity in the market. It really helps to provide a seamless execution. They understand our commercial needs and are good to work with as people. I value their connectivity and commerciality."
"The firm are always able to provide professional advice to the issuer, as well as other parties, in a Hong Kong IPO transaction. They have extensive experience in Hong Kong capital markets and are able to apply their experience to solving different novel issues."
"Their Thailand team has many good experts, especially in capital markets products."
"Their general client service is fantastic, very user-friendly and reliable. They have a very approachable team, and I am always impressed by their specialist knowledge."
"Their strengths are responsiveness and skill in analysing situations. I can be assured there are no loopholes when they look at the matter."