Capital markets: equity and debt: foreign firms

Latham & Watkins LLP

Latham & Watkins LLP brings its world-leading credentials in capital markets to Singapore where the team has extensive geographic coverage across Southeast Asia and South Asia. The Singapore department has balanced mix of issuer and underwriter clients with the practice encompassing the full range of equity and debt products. It has maintained an outstanding reputation in regional IPOs, particularly those originating in Singapore, Malaysia and Indonesia, along with India. It is also noted for US IPOs on the New York Stock Exchange (NYSE) and Nasdaq. Sharon Lau is a leading name in regional equity and debt offerings, including SPAC deals, IPOs, medium term note (MTN) programmes and exchangeable bond issuances. Rajiv Gupta is head of the India practice and a leading figure in IPOs and high-yield bond offerings by Indian companies. Stacey Wong is an emerging talent, along with counsel Jeremy Wang. Timothy Hia covers both bank financings and debt offerings. Michael Sturrock has retired.

Legal 500 Editorial commentary

Key clients

VinGroup JSC
Clifford Capital
VinFast Auto
SATS
Adani Enterprises
PT Merdeka Battery Materials
Melco Resorts Finance
Oravel Stays
Ola Electric

Work highlights

Advised VinFast on its pre-listing restructuring, IPO preparation, pivot to the de-SPAC process, negotiation of the business combination agreement with Black Spade and successful navigation of the SEC review and Nasdaq listing processes.
Advised the book running lead managers on the $365m IPO of Tata Technologies on the Bombay Stock Exchange (BSE) and National Stock Exchange of India Limited (NSE).
Advised the lead managers on the S$2.8bn drawdown of 50-year Green Singapore Government Securities issued under the Singapore Government MTN programme.