SRL’s corporate banking team is experienced in the preparation and negotiation of new and innovative financial products in Malaysia particularly in the financing of large infrastructure projects. Such projects include the financing for an IPP project in East Malaysia, the construction of highways and the development of the latest tourist resorts in East Malaysia.
The firm has considerable experience in offshore financing techniques and instruments and has advised on the documentation for structured finance, ship and aircraft financing.
The firm’s banking department works closely with the property department to provide advisory services with respect to bridging and end-financing for project development and property acquisitions. The firm has worked and advised on public floatation and the issue of bonds, loan certificates, short term and medium term notes, commercial papers and other private debt instruments.
The firm was also the first to negotiate and draft a hybrid Islamic and conventional fixed rate financing structure for one of the largest commercial retail complexes in South East Asia and was involved in the project financing for a major telecommunications network operator and for the Kuala Lumpur City Centre project.
On securities law, the firm has advised and acted as counsel for Eurobond and Yankee bond issues and other instruments in Europe and the USA as well as share offerings in Malaysia by multinationals.
The firm has also extensive experience in Islamic banking and Islamic capital market products including project financing under Islamic principles of Al-Musyarakah, debt financing under the Islamic principles of Bai’ Bithaman Ajil, trade financing under the Islamic principles of Al-Murabahah and Al-Kafalah and Islamic capital market instruments such as Murabahah Underwritten Notes as well as Bai’ Bithaman Ajil Islamic Debt Securities. We are also the first to undertake an Islamic private sector driven asset backed securitisation programme (ABS) in the property sector.