Zi Li & Partners

Capital Markets

Capital Markets

We have vast experience in debt capital market transactions where we have advised issuers and arrangers on many debt issuances in the market, both domestic and cross border. We are familiar with various types of debt instruments such as medium term notes, commercial papers, Sukuk, regulatory capital instruments, asset-backed securities, retail bonds, convertible and exchangeable bonds, perpetual bonds, government bonds, green bonds and sustainability bonds.

Working hand-in-hand with our clients, our capital markets partners, through their years of practice, have garnered a wealth of experience and a deep understanding across a wide range of sectors including aviation, airports, automotive, communications, real estate, manufacturing and financial services industries.

We also handle various equity capital market transactions such as private placements and rights issues. In addition, we have advised local and multinational companies on their establishment and implementation of employee share schemes.

Our Partners’ Selective Experience

  • Advised lead arranger on RM25 billion multicurrency perpetual notes programme by Hong Leong Financial Group Berhad, RM10 billion multicurrency Additional Tier 1 capital securities programme by Hong Leong Bank Berhad and RM2 billion multicurrency perpetual subordinated sukuk programme by Hong Leong Islamic Bank Berhad.

  • Advised edotco Group Sdn Bhd on its USD600 million primary and secondary equity private placement to Japan-based Innovation Network Corporation of Japan and Khazanah Nasional Bhd. 

  • Advised as Malaysian counsels for principal adviser on the issue of USD680 million Formosa and Regulation S sustainable development goals bonds by CIMB Bank Berhad under its USD5 billion Euro medium term notes programme.

  • Advised as Malaysian counsels for principal adviser on the issue of USD6 billion multi-tranche senior bonds by PETRONAS Capital Limited under its USD15 billion multi-currency global medium term notes program.

  • Advised the joint lead arrangers on RM10 billion Islamic medium term notes programme and RM2 billion Islamic commercial papers programme based on Shariah principle of Wakalah Bi Al-Istithmar, by Tenaga Nasional Berhad.

  • Advised joint lead arrangers on RM15 billion multi-currency Islamic medium term notes master programme based on the Shariah principle of Wakalah Bi Al-Istithmar by Petroleum Sarawak Exploration & Production Sdn Bhd.

  • Advised as Malaysian counsels for Government of Malaysia on its issue of USD800 million 10-year sustainability Sukuk and USD500 million 32-year sustainability Sukuk via Malaysia Wakala Sukuk Berhad.

  • Advised Capital A Berhad on its RM974.5 million rights issue of redeemable convertible unsecured Islamic debts securities plus free detachable warrants.