Global Singapore Capital Markets: Domestic

Allen & Gledhill maintains its reputation as a market-leading legal team with the capacity to act for leading banks and issuers on the most innovative and complex deals in the market. The firm offers market-leading experience in IPOs, with noteworthy experience advising on dual listings involving the Singapore Exchange as well as other jurisdictions. The team also has commendable involvement in successful SPAC transactions. The department handles the full array of DCM work, from vanilla bond issues, green bonds and sustainability-linked notes and MTN programmes to structured finance and derivatives. The lawyers are well versed in REITs and business trusts work, regularly advising on secondary offerings and convertible bond issues. Key clients include Citigroup, Novo Tellus Alpha Acquisition and Grab.

Allen & Overy's lawyers in Singapore are widely regarded for an excellent cross-border practice, which includes handling a broad range of big-ticket DCM transactions. The firm has particular expertise in advising on global and Euro MTN programmes, as well as large sukuk issuances and convertible bonds. The team also offers notable ECM expertise, assisting clients with IPOs, SPACs and REIT listings in Singapore and elsewhere in South-East Asia. The Singapore team frequently works in tandem with other offices on regional and international deals, especially in Indonesia, Thailand, Vietnam, the Philippines and India. The firm acts for a range of underwriters, issuers and trustees, with key clients represented including Wipro IT Services, Nativus and BIM Land.

Dentons Rodyk & Davidson is recognised for its capabilities in assisting trustees, issuers and underwriters with a broad range of equity and debt capital markets transactions in Singapore. The team is experienced with IPOs and other equity issuances, as well as multicurrency debt issuances and related restructuring. The firm is also well versed in REIT transactions and has niche expertise advising on security token issuances on the iSTOX platform. Boustead Industrial Fund, HSBC Institutional Trust Services and Vertex Venture Holdings are among the team's clients.

Morgan Lewis Stamford's broad-based capital markets team in Singapore advises both issuers and underwriters on debt and equity offerings. The firm offers extensive experience advising on the restructuring of debt via convertible bonds. The lawyers frequently advise on reverse takeovers, share placements and rights issues as well as IPOs, assisting issuers across the region with listing on the Mainboard and Catalist Board of the Singapore Exchange. Citicode, Axis Capital and Totm Technologies key clients of the capital markets team.

Shook Lin & Bok is noted for offering debt and equity capital markets legal expertise in Singapore and the region, including listings in Hong Kong and South Korea. The team is particularly highlighted for taking on IPOs, rights issues and REIT transactions. The firm is recognised for significant activity on issuances and updates to MTN programmes. The firm often represents dealers, trustees and issuers on transactions. United Overseas Bank, DBS Bank and HSBC are examples of clients advised by the team.

CNPLaw is recognised for assisting clients with equity and debt capital markets issuances in Singapore. The team is well accomplished in the ECM space where it handles IPOs on the Singapore Mainboard and other exchanges in the region as well as private placements. The firm is also well versed in public M&A and delistings. The department often caters to issuers and public companies. Key clients include Transit-Mixed Concrete, Yongnam Holdings and Beng Kuang Marine.