Cleary Gottlieb was counsel in five Asian capital markets offerings in 2010 recognized by FinanceAsia as “Deals of the Year.” The winning transactions were:
Best Korea Deal: Samsung Life Insurance’s $4.4 billion IPO, the largest-ever IPO in South Korea.
Best Malaysia Deal: Petronas Chemicals’ $4.1 billion IPO, the largest-ever IPO in Malaysia and Southeast Asia, as well as the largest chemical sector listing globally.
Best Sovereign Bond and Best Philippine Deal: Republic of the Philippines’ Ps44.1 billion ($1 billion) peso global bond. According to FinanceAsia, “few deals have shaped a country or its capital markets the way the Republic of the Philippines’ peso global did.”
Best Secondary Offering: $1.2 billion sell-down in Ping An Insurance by Newbridge.
Best Local Currency Bond: McDonald’s Rmb200 million dim sum bond.
FinanceAsia is a monthly publication that focuses on Asia and its capital markets.