Allens Linklaters and A&O lead $9bn financing deal
Allens Linklaters has taken a leading role on the $5 billion financing of the $9 billion Nghi Son oil refinery in Vietnam, advising Nghi Son Refinery and Petrochemical Company Ltd (NSRP) and the project’s sponsors on the deal, including Idemitsu Kosan Co, Kuwait Petroleum Europe, Mitsui Chemicals Inc, and Vietnam Oil and Gas Group.
The Allens team is led by Hanoi-based partners Bill Magennis and Hop Dang with the assistance of partners Michael Ryan, Phillip Cornwell and Michael Hollingdale in Australia, and partner Robert Fish in Ho Chi Minh City.
Allen & Overy is advising the export credit agencies and commercial lenders, including Japan Bank for International Cooperation, the Export Import Bank of Korea, Nippon Export and Investment Insurance and the Bank of Tokyo-Mitsubishi UFJ.
The Allen & Overy team is led by Tokyo partners Simon Black, Beijing-based Matthias Voss, and Hanoi partner Duc Tran. Partner Aled Davies, who also led on the deal, recently left Allen & Overy to take up a role with Milbank, Tweed, Hadley & McCloy in Tokyo.