Recognition
Latham Named US Law Firm of the Year at IFLR Asia-Pacific Awards 2024
March 25, 2024
IFLR
Firm also advised on three Deal of the Year winners.
Latham & Watkins was named US Law Firm of the Year and recognized for advising on three Deals of the Year at the IFLR Asia-Pacific Awards 2024. The firm was shortlisted across 18 categories and transactions in total.
The awards program celebrated “the most legally innovative cross-border deals closed in the region during 2023 and the teams and individuals behind them.” The award-winning deals on which Latham advised include:
- Debt & Equity-linked Deal of the Year: NIO Convertible Bonds — Latham advised Goldman Sachs, Morgan Stanley, CICC, and J.P. Morgan, as initial purchasers of US$1 billion in convertible senior notes issued by NIO Inc., a leading Chinese smart electric vehicle company.
- Equity Deal of the Year: J&T Express IPO — Latham advised J&T Global Express Limited on its US$500 million initial public offering and listing on the Hong Kong Stock Exchange with a weighted voting rights structure. The transaction represented the second-largest IPO on the Hong Kong Stock Exchange in 2023 (excluding over-allotment option).
- Loan Deal of the Year: Adani Group Refinancing — Latham advised Adani Group on the refinancing of its LBO financing for its acquisition of Ambuja Cements. The transaction refinanced senior and mezzanine acquisition facilities worth up to US$3.5 billion.
IFLR is a leading source for deal analysis, expert opinion, and best practices in capital markets, corporate, and finance law.