Describing the firm's leading restructuring and insolvency practice, one loyal client says: "Drew & Napier has a solid team of lawyers and given the wide expertise and experience of the firm, it is always good to have Drew & Napier representing us." Corporate and finance partners "Sushil Nair and Julian Kwek are very responsive and focused on their clients' needs," reports a client....
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Describing the firm's leading restructuring and insolvency practice, one loyal client says: "Drew & Napier has a solid team of lawyers and given the wide expertise and experience of the firm, it is always good to have Drew & Napier representing us." Corporate and finance partners "Sushil Nair and Julian Kwek are very responsive and focused on their clients' needs," reports a client.
Another client comments: "Drew & Napier has the largest and strongest team of lawyers in Singapore doing restructuring work in the region. They are extremely good at the law, very commercial and have an excellent attitude towards work and responsibilities. They are available 24/7 when instructed."
A showpiece project finance deal saw Drew & Napier represent Resorts World on its 15-bank syndicated senior secured credit facilities of up to S$4.19 billion ($3 billion), comprising S$4 billion term and revolving loan facilities and a S$193 million banker's guarantee facility used in the construction and development of the Sentosa resort. The deal stands as one of Singapore's largest non-traditional syndicated project financings ever, with the first tranche closing successfully amid the global financial crisis.
The Marina Bay District Cooling Project was another defining deal for the firm. Drew & Napier acted as Singapore counsel to DBS Bank, the mandated lead arranger, underwriter and financial adviser to the S$140 million (US$95 million) project financing of an innovative urban air-conditioning utility.
More highlights for the year include Drew & Napier's advice to Armada (Singapore)'s creditors in a scheme of arrangement for the dry bulk shipper involving debts of over $1.08 billion.
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