Drew & Napier - Partners' Profiles

Petrus is a Director with the Drew & Napier LLC’s Corporate & Finance Department and has more than 20 years of practice experience. He is highly recommended for Banking & Finance in the Global Counsel 3000 and Which Lawyer? 2007 and 2008 a publication by Practical Law Company. He has been named as a leading funds practice lawyer by International Who’s Who Legal 2009 has been named as a leading practitioner in Euromoney Legal Expert Guide to the World’s Leading Investment Funds Lawyers in June 2010. Petrus is the editor of CCH Annotated Singapore Stock Exchange Listing Manual and also one of the contributors of Halsburys’ Laws of Singapore volume on Securities Law and LexisNexis’ Annotated Business Trusts Act.

Corporate & Finance \ Capital Markets

Acting for the joint international book-runners in the S$750 million initial public offering and listing of a mobile telecommunications service provider issuer
Acting for the joint international book-runners in the S$200 million initial public offering and listing of Singapore's first real estate investment trust
Acting for SGX-listed First Engineering Limited in its privatization and de-Listing
Acting for vendor in the reverse takeover of SGX-listed China Food Holdings
Acting for Yongnam Holdings in the Rights Issue
Acting for OSIM International in a rights issue of shares
Acting for Candover/ Weil Gotshal Manges in the purchase and restructuring of the opto-electronics business of Thales Electro-Optics, valued at more than S$214 million (US$141.22 million)
US$118 million sale of business and subsidiaries by SGX-listed Company to an American MNC
US$20 million purchase by a Hong Kong-listed company of the Myanmar business and assets of a Singapore company
US$197 million acquisition of major subsidiary of a SGX-listed Company by a New York-listed MNC
Advised Harrah’s Entertainment on its bid for the Singapore Integrated Resorts projects at Marina Bay and at Sentosa. The estimated value was S$5 billion (US$3.65 billion)
Advised Cambridge Industrial Trust Management Limited in the acquisition and leaseback of 36 properties in Singapore with a total value of S$723.414 million (US$528.1165 million)
Acting for the issuer managers in the offering and listing of US$1 billion Upper Tier 2 subordinated bonds issued by a major Singapore bank
Acting for United Overseas Bank for the Increase in UOB Australia Limited Euro Certificates of Deposit Program Limit (A$600m to A$1.5bn)
Acting for United Overseas Bank for the Increase in UOB Australia Limited Euro Certificates of Deposit Program Limit (A$600m to A$1.5bn)
Acting for Sembcorp Marine Ltd in the update and upsize of its current multicurrency multi-issuer debt issuance programme from S$500,000,000 to S$2,000,000,000. DBS Bank Ltd. and Standard Chartered Bank are joint arrangers and dealers of the Programme
Acting for the issuer in the offering and listing of notes issued pursuant to a US$500 million medium term note programme issued by a major Singapore government-linked corporation
$750 million issuance of notes and bonds for a major property group in Singapore involving reconstruction of the property holdings to subsidiaries
$38 Million Transferable Loan Facility (with detachable warrants) for an SGX-listed Company
$150 million Fixed Rate Bonds Issuance and $160 million Variable Rate Note Issuance (with Revolving Underwriting Facility) for a major property group in Singapore
$120 million Variable Rate Note Issuance for a major SGX-listed GLC
$312 million Construction and Land Loan to major SGX-listed Company
$185 million Syndicated Trade Finance Facilities to major subsidiary of Indonesian conglomerate by a syndicate of European and American banks
Transferable Loan Facility with Warrants for YongNam Holdings Ltd

Funds

Acting for Temasek Holdings in the establishment of a private foundation for corporate social responsibility causes involving special applications for exemptions to the Ministry of Finance, the Monetary Authority of Singapore and the Inland Revenue Authority of Singapore.
Acting as lead counsel in the listing on the Singapore stock exchange of an exempt investment fund as part of a wealth succession planning structure
Acting for Cambridge Industrial Trust Management Limited in its listing and public offering of a real estate industrial REIT offering and listing amounting to S$512 million and subsequent debt financing in Singapore’s first asset-backed commercial paper conduit accessing the United States commercial paper market
Acting for UBS Warburg and DBS Bank the joint international book-runners in the initial public offering and listing of CapitaMall REIT, Singapore’s first real estate investment trust
Advising Allied Irish Bank on the establishment and continued operations of the AIB Japan Fund
Advising Morgan Stanley Capital Partners Limited Partnership and Ropes & Gray on fund offering requirements
Acting for GE Real Estate in connection with the initial public offering and listing of Ascendas India Trust, a real estate industrial REIT offering on the Singapore Exchange Securities Trading Limited
Acting for UBS in the application to the Monetary Authority of Singapore for recognized restricted scheme status for its funds
Advising Citicorp Trustees on the trustee requirements for Lion Capital Fund (registered authorized scheme with the Monetary Authority of Singapore), for Phillips’ Capital Investment Fund (registered authorized scheme with the Monetary Authority of Singapore), for UOB Asset Management’ UOB Optimix Funds II (registered authorized scheme with the Monetary Authority of Singapore)