Japan

Simpson Thacher & Bartlett and Sullivan & Cromwell have lead roles on an upcoming $1.2 billion equity offering by Japanese advertising group Dentsu Inc. Simpson Thacher Tokyo partner David Sneider is acting for Dentsu on matters of U.S. law, with Nagashima Ohno & Tsunematu acting as Japanese counsel. Sullivan & Cromwell Tokyo partner Izumi Akai is representing underwriters Nomura Holdings and Morgan Stanley, with Anderson Mori & Tomotsune partner Hironori Shibata advising on Japanese law. [Read full story]


Australia

Herbert Smith Freehills has advised MMG Ltd., an Australian subsidiary of China Minmetals Corp., on a project finance deal worth up to $1 billion. MMG is taking out a 13-year debt facility to fund its Dugald River mining project in Queensland. China Development Bank Corp. is providing the facility. Herbert Smith Freehills Melbourne partner Daniel Brealey led the team advising MMG. Clifford Chance Beijing partner Maggie Lo and Singapore partner Ting Ting Tan acted for China Development Bank on English, Hong Kong, and Singapore law. King & Wood Mallesons Sydney partner Martin James and Perth partner Nicholas Creed acted as Australian counsel to the bank, with Walkers Hong Kong partner Ashley Davies advising on Cayman Islands and British Virgin Islands law. [Read full story]

China’s Yanzhou Coal Mining Co. has proposed privatizing its Australian coal mining subsidiary Yancoal Australia Ltd., buying out the 22 percent stake held by minority shareholders for $826 million. Herbert Smith Freehills Sydney partner Philippa Stone is acting for Yanzhou. Minter Ellison Melbourne partners John Steven and Bart Oude-Vrielink are representing Yancoal.

Sydney-based nonbank lender Resimac Ltd. and Australian Mortgage Acquisition Co. Pty. Ltd. have offered to take over home loan provider RHG Ltd. for $132.3 million. Herbert Smith Freehills Sydney partners Philippa Stone and Mark Crean are representing Resimac. Baker & McKenzie Sydney partners Guy Sanderson and Kate Jefferson are advising Australian Mortgage Acquisition. King & Wood Mallesons Sydney partners Shannon Finch and Nicola Evans are acting for RHG.


Singapore

Health care services provider International Healthway Corp. Ltd. has completed a $604 million Singapore initial public offering. Shook Lin & Bok advised the issuer on Singapore law. The shares were jointly placed by SAC Capital Pte. Ltd., PrimePartners Corporate Finance Private Ltd., and DMG & Partners Securities Pte Ltd. Rajah & Tann partners Chia Kim Huat and Danny Lim represented SAC Capital.

WongPartnership partners Alvin Chia and Tan Beng Lee represented Singapore-based real estate investment trust British and Malayan Trustees Ltd. in its negotiation of two loan facilities totaling $395 million. Oversea-Chinese Banking Corporation Ltd. and Standard Chartered Bank lent British and Malaysian $145 million, with a further $250 million coming from Commonwealth Bank of Australia, Singapore Branch and DBS Bank Ltd. Allen & Gledhill partner Lim Wei Ting represented the lending banks. The loans will be used to refinance existing debt.


China/Hong Kong

Zhongpin Inc., a Chinese meat and food processing company, has delisted from Nasdaq and gone private in a deal worth $361 million. Skadden, Arps, Slate, Meagher & Flom represented the buyer consortium, while O'Melveny & Myers acted for Zhongpin. Akin Gump Strauss Hauer & Feld Hong Kong partners Gregory Puff and Zach Wittenberg acted as U.S. counsel to the special committee of the company's board of directors. Cowen and Co. (Asia) Ltd., one of the financial advisers to the special committee, was represented by Paul Hastings Hong Kong partner Steven Winegar along with New York partners Jodi Kleinick and Kevin Logue. Another financial adviser, Duff & Phelps Securities, was advised by Winston & Strawn.


Southeast Asia

Allen & Overy Singapore partner Chris Moore has advised Japan’s Dai-ichi Life Insurance Co. Ltd. on its $337 million acquisition of a 40 percent stake in Indonesian insurer PT Panin Life. Partners Ira Eddymurthy and Darrell Johnson of Jakarta firm Soewito Suhardiman Eddymurthy Kardono acted as Indonesian counsel to Dai-ichi, while Tokyo firm Hibiya Nakata advised on Japanese law. Partners Yozua Makes and Irfan Ghazali of Indonesian firm Makes & Partners represented Panin Group.

Pillsbury Winthrop Shaw Pittman and Allen & Overy were lead advisers on the $310 million BursaMalaysia initial public offering of long-haul budget airline AirAsia X. Pillsbury San Francisco partner David Lillevand and Shanghai partner Woon-Wah Siu served as U.S. counsel to AirAsia X. Kuala Lumpur partners Christopher Lee and Fiona Sequerah of Christopher & Lee Ong, the Malaysian affiliate of Singapore’s Rajah & Tann, advised the airline on Malaysian law. Allen & Overy Singapore partner Kenneth Aboud advised underwriters CIMB Investment Bank Bhd., Credit Suisse (Singapore) Ltd., and Maybank Investment Bank Bhd, with Zaid Ibrahim & Co. Kuala Lumpur partners Gilbert Gan Boon Seah and Heng Sue Yin acting as Malaysian counsel. [Read full story]

Indonesian electronics retailer PT Electronic City Indonesia Tbk has raised $135 million in its initial public offering on the Indonesia Stock Exchange. Partner Rambun Tjajo of Hadiputranto, Hadinoto & Partners, Baker & McKenzie's Indonesian affiliate, acted as the issuer’s Indonesian counsel, while Baker & McKenzie.Wong & Leow Singapore partners Ashok Lalwani and Yeo Jih-Shian advised on U.S. law. Allen & Overy and Ginting & Reksodiputro represented underwriters PT Danareksa Sekuritas and Credit Suisse on U.S. and Indonesian law, respectively.

Correction, 7/16/2013, 18:00 EDT: Pillsbury partner Woon-Wah Siu's name was misspelled in an earlier version of this article. We regret the error.