Linklaters has successfully advised DBS Bank Ltd. on the establishment of Thai Beverage Public Company Limited’s (ThaiBev) $2bn multicurrency debt issuance programme, which is set to be listed on the Singapore Exchange Securities Trading Limited (SGX-ST). ThaiBev, a leading beverage producer in Southeast Asia and the largest in Thailand, aims to leverage this programme to enhance its financial flexibility across its various segments, including spirits, beer, non-alcoholic beverages, and food.
The advisory team from Linklaters was spearheaded by Amit Singh, the partner and Head of South and Southeast Asia Capital Markets practice, with key contributions from managing associate Cherrylene Lee and associate Ashley Loh. This initiative underscores Linklaters’ prominent role in capital market transactions within Asia, where they have consistently led in bond issuances by both deal count and transaction volume.
Linklaters’ involvement in this programme highlights their expertise in handling complex securities transactions, including debt and equity issuances, as well as liability management. Their extensive experience in the region positions them as a trusted adviser for significant financial undertakings.
This development is significant for ThaiBev as it seeks to strengthen its market position and financial standing through diversified funding sources. The programme’s success could potentially pave the way for future financial strategies and expansions for the company.
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