Capital Markets

Sidley Austin has an established team in Singapore that advises issuers and underwriters across the full spectrum of securities work including IPOs, rights issues, high-yield bonds and debt restructuring. Maintains a strong focus and expertise advising on Indonesia and India deals. Regularly advises on listings and issuances in the energy and natural resources sector, as well as real estate, banking and manufacturing. Sidley Austin's clientele includes leading Indonesian and Indian corporates, such as Inalum, Indika Energy and Reliance.

The team led by Manoj Bhargava provides notable expertise regarding India transactions, especially in relation to high-yield and investment-grade debt issuances, as well as QIP and IPO issuances. The department acted for Reliance Industries on its USD7 billion rights offering.

Matthew Sheridan leads Sidley Austin's Indonesia-focused capital markets practice, including both debt and equity offerings. In one example, the team assisted J.P. Morgan and UBS with BUMA's USD400 million senior notes issuance, as well as the tender offer and consent solicitation for Bukit Makmur Mandiri Utama's USD350 million senior notes issuance.

Alexius Chong is a counsel in the firm's Singapore office and gains especially strong recognition for his DCM practice, including high-yield issuances in Indonesia and Vietnam. A source says: "He is always engaged, enthusiastic and effective in coming up with solutions and recommendations on multiple matters."

Manoj Bhargava is especially recognised for his experience in India-related capital markets deals. He regularly assists clients with equity issuances, qualified institutional placements and IPOs. A client indicates that "Manoj has done so many deals in India that he has a good sense of market convention and practice, ensuring that transactions are within norms. He tends to be hands-on in deals, which is good."

Matthew Sheridan has a leading debt capital markets practice, often handling high-yield bonds and note issuances in Indonesia, India and Vietnam. A client reports that "he is a very experienced partner who provides good advice on the broad commercial concept, and gives good legal input on how a deal can be structured while being acceptable to the investor public."