Allen & Gledhill has advised DBS Bank, acting through its Australia branch, on the issue of A$1 billion (US$710m) floating rate notes due 2029 and A$1 billion (US$710m) 5.065 percent notes due 2031, under its US$30 billion global medium term note programme. Partner Glenn David Foo led the firm’s team in the transaction.
Allen and Gledhill has also advised DBS Bank, Oversea-Chinese Banking Corporation and The Bank of New York Mellon Hong Kong Branch on the US$950 million dual currency term and revolving credit facilities to Mapletree China Logistics Investment Trust. Proceeds from the facilities will be used to finance Mapletree China Logistics Investment Trust’s existing borrowings relating to its China logistics real properties. Partner Lim Wei Ting led the firm’s team in the transaction.
Moreover, Allen & Gledhill has advised Frasers Centrepoint Asset Management, as manager of Frasers Centrepoint Trust, on the S$400 million (US$316m) term and revolving credit loan facilities granted by DBS Bank, Oversea-Chinese Banking Corporation and Malayan Banking Singapore Branch. The facilities are aligned with the Green Loan Principles, and will be used to refinance existing borrowings. Partner Lim Wei Ting also led the firm’s team in the transaction.
AZB & Partners is advising Exponent Private Equity on its acquisition of Optimas International, including its Indian subsidiary Optimas OE Solutions India, from Optimas OE. Partners Srinath Dasari and Bhuvana Veeraragavan are leading the firm’s team in the transaction, which was signed on January 30, 2026 and is yet to be completed.
AZB & Partners is also advising Novatis AG on its sale of majority stake in Novartis India to ChrysCapital Investment Advisors. Partners Darshika Kothari and Kritika Agarwal are leading the firm’s team in the transaction, which was signed on February 19, 2026 and is yet to be completed.
Moreover, AZB & Partners has advised The Federal Bank on its Rs62 billion (US$682m) sale of stake to Asia II Topco XIII (Blackstone). Partners Ashwath Rau and Kashish Bhatia led the firm’s team in the transaction, which was completed on February 18, 2026.
CMS INDUSLAW has advised Hindustan Unilever on its acquisition of the remaining 49 percent equity shareholding in Zywie Ventures, taking its total stake to 100 percent, for a cash consideration of Rs8.24 billion (US$90.6m). One of India’s leading fast-moving consumer goods companies, Hindustan Unilever had previously acquired a 51 percent stake in Zywie in 2023, as part of its strategic entry into the fast-growing Health & Wellbeing segment. A leading plant-based nutrition and wellness brand, Zywie sells products under the OZiva brand, offering clean, science-backed products across categories, such as women’s health, skin, hair and general wellbeing. Founding and senior partner Avimukt Dar and partner Bharadwaj Jaishankar led the firm’s team in the transaction. The firm had previously advised Hindustan Unilever on its initial 51 percent acquisition in Zywie.
JSA Advocates & Solicitors (JSA) advised Chennai-based Indian food processing brand Udhaiyam and its promoters on their divestment of the majority stake in Udhaiyams Agro Foods to Reliance Consumer Products. Partner Anand Lakra, supported by partners Niharika Mepani, Kumarmanglam Vijay, Surajkumar Shetty, Shareen Gupta, Pratish Kumar, Sumitava Basu, Gerald Manoharan and Sonakshi Das, led the firm’s team in the transaction.
JSA Advocates & Solicitors has also advised Arya Warehousing Services, India’s largest integrated grain commerce platform, on raising Rs7.25 billion (US$80m) via a combination of primary and secondary investment from GEF Capital Partners. The funding will support the company to promote climate-smart, market-led agriculture practices. Partners Siddharth Mody and Anurag Shrivastav led the firm’s team in the transaction.
Moreover, JSA Advocates & Solicitors has advised Punjab National Bank on the rupee term loan provided to Indus Infra Trust (formerly known as Bharat Highways InvIT) of the GR Infra Group. Indus Infra Trust is a public-listed infrastructure investment trust (InvIT) within the meaning of SEBI (Infrastructure Investment Trusts) Regulations 2014, established to own and manage road assets in India. Partner Karan Mitroo led the firm’s team in the transaction.
Maples and Calder has acted as Cayman Islands counsel to Hansoh Pharmaceutical Group on its issuance of HK$4.68 billion (US$598m) zero coupon convertible bonds due 2033, and the listing of the bonds in Vienna. The issuance completed on February 3, 2026, followed by the listing on February 4, 2026. Hansoh Pharmaceutical Group is a leading pharmaceutical company engaged in the research, development and production and sale of a broad portfolio of pharmaceutical products. Partner and Asia corporate head Matt Roberts led the firm’s team in the transaction, while Cleary Gottlieb Steen & Hamilton (Hong Kong) acted as English and Hong Kong counsel. Linklaters acted as English and Hong Kong counsels to the managers, Citigroup Global Markets and Morgan Stanley Asia.
Maples and Calder has also acted as BVI counsel to Sun Hung Kai & Co (BVI) on the tender offer of its outstanding US$450 million 5.00 percent guaranteed notes due 2026, comprising of the US$75 million 5.00 percent guaranteed notes due 2026 issued on March 2, 2022, consolidated and forming a single series with the US$375 million 5.00 percent guaranteed notes due 2026 issued on September 7, 2021; and on the issue of US$250 million 6.75 percent guaranteed notes due 2029, under its US$3 billion medium term note programme guaranteed by Sun Hung Kai & Co. Hong Kong finance partner Lorraine Pao led the firm’s team in the transaction, while Clifford Chance acted as international counsel. Linklaters acted as international counsel for the dealers.
Moreover, Maples and Calder has acted as Cayman counsel to Microport Cardiac Rhythm Management on its statutory merger with MicroPort CardioFlow CRM, an indirectly wholly-owned subsidiary of MicroPort CardioFlow Medtech, pursuant to Part 16 of the Cayman Companies Act (as revised). As consideration of the merger, MicroPort CardioFlow Medtech will allot and issue new shares to the existing shareholders of CRM prior to the merger. Immediately after the merger, CRM as surviving company, along with its subsidiaries, will become indirect subsidiaries of the MicroPort CardioFlow Medtech. Hong Kong finance partner Lorraine Pao led the firm’s team in the transaction, while Sidley Austin acted as Hong Kong counsel.
Shardul Amarchand Mangaldas & Co has advised Velora Hospitality, part of the Sugee Developers Group, on the development of a premium Marriott-branded hotel at Manohar International Airport, Mopa, Goa. The transaction involves Velora’s development of a hotel comprising approximately 200 guest rooms on 2.38 acres of land at the airport, to be operated under the Marriott brand. Partner Bhoumick Vaidya led the firm’s team in the transaction.
Shardul Amarchand Mangaldas & Co has also advised PVR INOX, Zea Maize and its founder, Mr Chirag Gupta, on the sale of the entire shareholding held by PVR INOX in Zea Maize, the company behind the premium gourmet popcorn brand ‘4700BC’, to Marico. The transaction provides for a complete exit for PVR INOX from Zea Maize, and represents a strategic monetisation of a non-core asset. The deal also marks Marico’s expansion in the premium foods and snacking segment through acquisition of a well-recognised consumer brand. Partner Nivedita Tiwari, supported by partners Pooja Ramchandani, Apoorva Murali and Gouri Puri, led the firm’s team in the transaction. Marico was advised by Khaitan & Co.
TT&A has advised IFC on its up to US$50 million proposed loan facility to Nations Trust Bank, a leading Sri Lanka-based bank. The proceeds of the facility will be used by Nations Trust Bank to finance lending towards priority sector industries, specifically small and medium-sized enterprises (SMEs) loans in Sri Lanka, with at least US$7.5 million to be applied towards women-owned businesses. Partner Ambarish Mohanty led the firm’s team in the transaction.
TT&A has also advised WEG Equipamentos Elétricos on its acquisition of Sanelec Excitation Systems via its wholly-owned Indian subsidiary. Since the acquiring entity is foreign owned and controlled, FEMA norms apply. This deal has a deferred consideration structure for payment to be made in two tranches within the 18 month FEMA timeline. Partner Deepa Christopher led the firm’s team in the transaction.
WongPartnership is acting as Singapore counsel to KKR on the acquisition by a KKR-led consortium, which includes Singtel, of STT GDC from STT Communications. The total consideration for the deal is S$6.6 billion (US$5.2b), representing an implied enterprise value of approximately S$13.8 billion (US$11b). This transaction marks one of the largest digital infrastructure transactions in Southeast Asia. Headquartered in Singapore, STT GDC is one of the world’s fastest-growing and most diversified data centre platforms with 2.3GW of design capacity across 12 major markets in the Asia-Pacific region, the United Kingdom and Europe. Partners Audrey Chng, Vivien Yui and Soong Wen E are leading the firm’s team in the transaction, alongside partners Hui Choon Yuen, Trevor Chuan, Low Kah Keong, Jenny Tsin, Dorothy Marie Ng, Kylie Peh, Felix Lee, Bernadette Tan, Susan Wong, Chan Jia Hui, Tian Sion Yoong, Felicia Marie Ng, Chang Qi-Yang, Lesley Tan, Tan Shao Tong, Clarissa Koh, Serene Soh, Melissa Tham and Ho Wei Jie.
WongPartnership is also acting for the claimants, Patil Prafulla Vasudeo and Patil Chitra Prafulla, on the lawsuit against PropNex Realty, PropNex’s sales agent and Anthony Law Corporation for negligent misrepresentations and/or breach of duty of care, in relation to the use of the 2-Step 99-1 method in purchasing a property. Partner Gavin Neo is leading the firm’s team in the matter.
