Nicholas Chia

Nicholas Chia

Associate, Singapore
Nicholas Chia
Nicholas Chia

Nicholas Chia

Associate, Singapore
Nicholas Chia

Biography

Nicholas Chia is an associate in White & Case's Capital Markets practice based in Singapore. He focuses on international capital markets and finance transactions, with experience across high-yield bonds, MTN programs, IPOs and other equity offerings, as well as corporate lending, fund financing and leveraged finance matters. Nicholas also has a background in cross-border corporate M&A in the energy, infrastructure, financial services and insurance sectors, and has worked on complex multi-jurisdictional restructurings and workouts. He draws on his experience at leading international and Singapore law firms to provide commercially focused, execution-driven advice on sophisticated cross-border transactions.

Experience

  • The joint lead managers on the issuance of Permodalan Nasional Berhad's first-ever secured exchangeable sukuk, raising US$300 million to support the Malaysian asset manager's global investment and diversification strategy. This transaction marks the first secured exchangeable sukuk issuance from a Malaysian issuer, featuring a unique security structure that sets an important benchmark for the market. * 
  • ReNew Energy on the issuance of US$600 million 6.5% senior secured green bonds due 2031. The bonds were issued through ReNew's GIFT City (Gujarat International Finance Tec-City) subsidiary, ReNew Treasury IFSC Private Limited, a wholly owned subsidiary of ReNew Private Limited. It also represents the first-ever international bond issuance by an entity incorporated in GIFT City. * 
  • GC Treasury Center Company Limited and PTT Global Chemical Public Company Limited on the issuance of US$1.1 billion subordinated perpetual securities denominated in US dollars, which was the largest issuance of its kind in South and Southeast Asia at the time and represented PTTGC's inaugural US dollar-denominated subordinated perpetual capital securities offering.* 
  • Biocon Biologics Limited on its maiden issuance of US$800 million 6.67% senior secured notes due 2029 through its subsidiary Biocon Biologics Global plc based on a combined Rule 144A and Regulation S offering format. The notes were guaranteed by Biocon Biologics Limited and certain of its other subsidiaries. The issuance, which was three times oversubscribed, was one of the largest debut issuances from a high-yield rated issuer in India over the past decade.* 
  • As sole international counsel on the proposed IPO of one of the largest asset management companies in India. *
  • A Middle Eastern sovereign wealth fund on a secured US$200 million multi-currency borrowing base facility provided by a large London-based financial institution to facilitate the fund's strategic partnership with large private equity players in the Asia Pacific region. The facility was capable of being upsized by US$300 million and was structured as a private securitisation in line with UK/EU securitisation rules. *
  • A leading global energy corporation on its US$1.6 billion acquisition of a UK-based renewable energy company that develops and operates utility-scale solar and battery storage assets. * 
  • One of the largest international industrial real estate companies on its hostile takeover of a London-listed real estate investment trust. * 
  • Virya Energy NV on its acquisition of a majority stake in Constant Energy, a Southeast Asian solar developer and independent power producer. *
  • Pacific Radiance Limited on its restructuring of up to S$1 billion of debt owed to financial lenders, trade creditors, and retail noteholders. *
  • The statutory boards of the Republic of Singapore in relation to the US$1.6 billion debt restructuring of Hyflux Ltd and its subsidiaries, particularly in relation to two key project assets of the Hyflux group (the S$1.05 billion Tuaspring Integrated Water and Power Project and the S$750 million TuasOne Waste-to-Energy Project). *

*Experience prior to joining White & Case

Advocate and Solicitor, Singapore
LLB
National University of Singapore
English
Mandarin

Service areas