King & Spalding advised Kuveyt Turk Katilim Bankasi A.S. (KTPB), a Turkish participation bank majority-owned by Kuwait Finance House, in the issuance of US$350 million certificates due 2016, listed on the London Stock Exchange. The certificates are the first-of-its-kind asset-backed certificates from Turkey, and the first certificates issued under newly revised Turkish legislation permitting such certificate issuance (known as rental certificates) through a Turkish incorporated special purpose vehicle. The certificates will be issued through KT Sukuk Varlik Kiralama A.S, a Turkish incorporated special purpose vehicle (more…)
Clayton Utz has advised coal explorer Tigers Realm Coal as issuer in connection with its A$37.5 million Initial Public Offering and listing on the Australian Stock Exchange today.
Tigers Realm Coal, which is part of the Tigers Realm Minerals Australian based resources group, is focused on developing two coking coal projects, the Amaam coking coal project in Far Eastern Russia and the Landazuri coking coal project in Colombia, South America. It listed today with a market capitalisation of approximately A$182 million.
The Company’s vision is to become a significant participant in the seaborne coking coal market by advancing its projects through resource delineation and scoping studies.
Commenting on today’s listing Charles said: “We are delighted to have assisted Tigers Realm Coal with its listing on the Australian Stock Exchange in these challenging market conditions. This continues the firm’s recent IPO success having recently advised Collins Foods on its successful Initial Public Offering and listing on the Australian Securities Exchange on 5 August.”
Simpson Thacher is representing Japan’s Monex Group, Inc. in connection with its acquisition of TradeStation Group, Inc. in a transaction valued at $411 million
Evan here, writing from back home in Miami after returning from recent trips to Russia (that market is about six to 9 months away from US associate lateral hiring surge in our estimation) and Asia. I am looking forward to being home for a few weeks before heading back to Hong Kong and Shanghai. Moscow, [...]
Robert here. Evan and I are visiting our Hong Kong office most of this week, getting ready to usher in the year of the tiger. We have a very busy week, with over 30 meetings scheduled. Today, February 2, 2010, was a special day in the Hong Kong legal community – it was the day [...]
Evan here. Here’s hoping that all our readers had a wonderful holiday season, now that we are back to work, at least until the upcoming Chinese New Year. We are seeing continued improvement in interviews and hiring in Asia, mainly in HK / China. Of course the holidays put a stop to most interviews over [...]
NYU Asia Law Society and Chinese Business Lawyers Association, Inc. Cordially invite you to attend Asia Private Practice A Panel Discussion with Leading Practitioners on Practice in and Related to Asia Thursday, November 19, 2009 7:00-8:00 pm Followed by breakout sessions with panelists and other experienced practitioners at New York University Vanderbilt Hall 40 Washington [...]
Evan here. Although not all US practices in HK / China are currently very busy, many have seen deal flow pick up dramatically in the past couple of months. The outlook is good for most US practices to stay fairly busy through the end of this year and beyond. Some groups are becoming understaffed. The [...]
Evan here. Apologies for no new post last week, as Robert and I have been extremely busy and also traveling quite a bit. Our Asia team as a whole, including Yuliya Vinokurova, Robert and me, are representing more qualified US biglaw attorney candidates for Asia than at any other time prior. While some of these [...]
Robert here. Having arrived back in the US last night, I’m sitting up at 3 am now reflecting on the results of another outstanding visit to Hong Kong. Several of us were in town and able to meet with dozens of people while there, some of whom are candidates and some of whom are representatives [...]
Robert here. I’m writing this blog entry in the Newark President’s Club as I prepare to depart for China for my second trip this month. I’ll be joined in Hong Kong on Tuesday by Evan Jowers and Daniel Roark. Upon our return I think that Evan will write a contribution to our Asia Chronicles describing [...]