Lawrence Altman

Special counsel | Singapore

Lawrence is a special counsel in the banking and finance team.

Lawrence is a New York-qualified lawyer advising companies, banks and funds in capital markets transactions and restructurings in South East Asia. He is a member of our debt restructuring group in the Singapore office.

Lawrence has experience advising on private placements, Reg. S/144A transactions and convertible securities, with an emphasis on restructuring publicly offered securities and other liability management transactions. He also advises clients on cross-border acquisitions and investments between the US and Southeast Asia. Lawrence has worked on transactions in Indonesia, Thailand, Singapore, Vietnam, Cambodia and Laos. He began his practice in New York advising on the structure and sale of asset backed securities.

Secretary Edna Ng

Track record

Admissions

Advised PT Bumi Resources Tbk. in its US$4.5 billion restructuring including the exchange of its three US dollar denominated bond issues. New debt included a combination of senior loans and bonds, mandatory convertible bonds and contingent value rights as well as new equity. This was one of the largest and most complex debt restructurings in SE Asia and was awarded "*Finance Deal of the Year: Insolvency and Restructuring*" at Asian Lawyer’s Asia Legal Awards 2018, "*Debt Market Deal of the Year (Premium)*" at the 2018 ALB SE Asian Law Awards, as well as recognised as one of the Asian-Mena Counsel’s Deals of the Year for 2017. __

Advised ChipMos Technologies, a Taiwan based, NASDAQ listed company, in an exchange offer with its US dollar denominated bondholders and the issuance of new equity-PIK convertible securities. The transaction was unique in its complexity for the issuance of convertible securities that required scheduled interest payments to be made in the form of equity listed on the Nasdaq.

Advised Garuda Airlines, Indonesia’s flagship carrier, in its US$850 million debt restructuring, including a tender offer for its floating rate notes through a reverse Dutch auction process and a consent solicitation and amendment of the remaining bonds. This deal was awarded "*Asia Restructuring Deal of the Year*" by The Banker in 2010.

State of New York, 1995

Education


Languages


  • English

Dates


Joined

2017

Recognition


Singapore

80 Raffles Place,

#25-01 UOB Plaza 1,

048624

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