Edward Lee

EDWARD LEE has experience representing both issuers and underwriters in a wide range of equity and debt capital markets transactions, including Rule 144A/Reg S equity and debt offerings by issuers in various industries in Southeast Asia, India and China.

Edward is fluent in English, Chinese, and Malay.

Examples of Edward’s experience include the representation of*:

• Schloss Bangalore Limited (“The Leela” hotels) in connection with its US$410 million initial public offering of equity shares underwritten by JM Financial, BofA Securities, Morgan Stanley, J.P. Morgan, Kotak Mahindra, Axis Capital, Citigroup, IIFL Capital, ICICI Securities, Motilal Oswal, and SBI Capital Markets. This marks the largest IPO in the Indian hospitality sector to date.
• Axis Capital, HSBC, Jefferies and SBI Capital Markets in connection with the US$250 million initial public offering of equity shares by Belrise Industries Limited.
• ICICI Securities, Citigroup, JM Financial, Nuvama, and SBI Capital Markets in connection with the US$150 million initial public offering of equity shares by Ajax Engineering Limited.
• Kotak Mahindra, ICICI Securities, Jefferies, J.P. Morgan, Morgan Stanley, and Intensive Fiscal Services in connection with the US$945 million initial public offering of equity shares by Vishal Mega Mart Limited. Named “Deal of the Year” 2024 by India Business Law Journal.
• Kotak Mahindra, BofA Securities, Jefferies, and Morgan Stanley in connection with the US$710 million qualified institutions placement of equity shares by Godrej Properties Limited. This is the largest QIP fundraise by a real estate company in India.
• ICICI Securities, DAM Capital, Jefferies, Nomura, Nuvama, and SBI Capital Markets in connection with the US$645 million initial public offering and US$350 million associated, pre-IPO sale of equity shares by Afcons Infrastructure Limited. This marks the largest IPO by an Indian infrastructure company, the largest IPO by an Indian construction company in the past two decades, and among the largest IPOs in India for 2024. Named “Deal of the Year” 2024 by India Business Law Journal.
• Brainbees Solutions Limited (FirstCry) in connection with its US$500 million initial public offering of equity shares underwritten by Kotak Mahindra, Morgan Stanley, BofA Securities, JM Financial, and Avendus Capital. This is India's first pure-play baby products and childcare retailer company IPO.
• Kotak Mahindra, Axis Capital, Jefferies, and J.P. Morgan in connection with the US$235 million initial public offering of equity shares by Emcure Pharmaceuticals Limited.
• PT Indika Energy Tbk (Indika Energy), a leading diversified Indonesian company with a portfolio of businesses spanning the energy value chain and a variety of other sectors on its offering of US$350 million 8.75% senior notes due 2029, concurrent tender offer for its outstanding 8.25% senior notes due 2025 and tap offering of US$105 million 8.75% senior notes due 2029.
• ICICI Securities, DAM Capital, JM Financial, SBI Capital Markets and Jefferies in connection with the US$190 million initial public offering of equity shares by Entero Healthcare Solutions Limited. This is India’s first healthcare products distributor company IPO.
• Medi Assist Healthcare Services Limited in connection with its US$140 million initial public offering of equity shares underwritten by Axis Capital, IIFL Securities, Nuvama, and SBI Capital Markets. This is India’s first health insurance third-party administrator company IPO.
• ICICI Securities, Axis Capital, JM Financial and SBI Capital Markets in connection with the US$115 million initial public offering of equity shares by Muthoot Microfin Limited. 
• Kotak Mahindra, Citigroup, JM Financial and J.P. Morgan in connection with the US$205 million initial public offering of equity shares by Honasa Consumer Limited. Named “Deal of the Year” 2023 by India Business Law Journal.
• Kotak Mahindra, ICICI Securities, IIFL Securities, JM Financial and Motilal Oswal in connection with the US$230 million initial public offering of equity shares by Cello World Limited.
• Kotak Mahindra, ICICI Securities, and J.P. Morgan as underwriters in connection with the US$100 million initial public offering of equity shares of Blue Jet Healthcare Limited.
• ST Engineering in connection with:
  • the issuance of US$500 million 4.125% Notes by ST Engineering Urban Solutions USA, guaranteed by Singapore Technologies Engineering Ltd.
  • the conversion of its EMTN programme to a GMTN programme and the issuance of US$700 million 3.375% Notes and US$300 million 3.75% Notes by ST Engineering Urban Solutions USA, guaranteed by Singapore Technologies Engineering Ltd.
• J.P. Morgan (S.E.A.) Limited in connection with the listing by way of introduction of CapitaLand Investment Limited, which had a market capitalization of S$15.3 billion on its first day of trading.
• DBS Bank Ltd and Citigroup Global Markets Singapore Pte Ltd in connection with the S$1.03 billion initial public offering of Lendlease Global Commercial REIT.
• DBS Bank Ltd in connection with the S$1.2 billion rights issue of shares by Frasers Property Limited.
• United Overseas Bank Limited in connection with the S$147 million rights issue of perpetual convertible capital securities by First Sponsor Group Limited.
• United Overseas Bank Limited in connection with the S$96 million rights issue of shares by Chip Eng Seng Corporation Limited.
• Banyan Tree Holdings Limited in connection with its S$50 million rights issue of convertible bonds.
• Alliance Healthcare Group Limited in connection with its S$6 million initial public offering of shares.
  

*Some of the above matters were handled prior to joining Sidley.