Colin Ng & Partners LLP (CNP) advised Hong Leong Bank on its issue of US$300 million 3.75 per cent Bonds due March 2016.
The Bonds, rated A3 by Moody’s Investor Service and BBB+ by Fitch Ratings, are the first US dollar senior bonds issued by a Malaysian bank and set a benchmark for the market.
CNP acted as adviser to the issuer on English law as well as the Singapore listing agent.
Barclays Bank, the Royal Bank of Scotland and Standard Chartered Bank were the Lead Managers and Book Runners and CIMB Investment Bank and Hong Leong Investment Bank were the Co- Managers.
The transaction was led by partner Bill Jamieson, who was assisted by senior foreign associate Mathew Chacko and team.
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