Asia’s fast-developing capital markets last year once again provided rich pickings for lawyers, with an array of firsts across the equity and bond markets.
Alibaba smashed records with an $8bn bond sale and its $25bn initial public offering, examples of how Chinese companies are setting the pace in both innovation and eye-catching deals.
The Hong Kong government completed its debut sukuk, or Islamic bond, sale, something it hopes will foster an entirely new asset class in the city, while the $7.2bn financing package for Australia’s Roy Hill iron ore project broke new ground in resources investment.
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