Singapore has retained its status as the leading mergers and acquisitions (M&A) dealmaker in Southeast Asia, generating approximately 35.8% of the M&A deals in the region in 2023, despite one of the most bearish markets in recent memory. Following on from this, pent-up buyer demand and a build-up in seller assets, coupled with strengthening financial markets, augur well for M&A activity and acquisition financing in 2024.
The article “Singapore: Trends and Developments” authored by Susan Wong (Partner, Banking & Finance), Christy Lim (Head, Banking & Finance) and Felix Lee (Partner, Banking & Finance) delves into recent trends and developments in the Singapore acquisition financing market. These include developments relating to add-on acquisitions, private equity and private credit and Islamic financing, as well as updates in relation to the green loans and sustainable financing space.
An area of particular interest this year is the private credit space, which the Monetary Authority of Singapore identified as “the next key driver of growth in private markets”, where significant growth is anticipated despite competition from more traditional lenders.
The article first appeared in Chambers Global Practice Guides – Acquisition Finance 2024.
If you would like information and/or assistance on the above or any other area of law, you may wish to contact the Partner at WongPartnership whom you normally work with or any of the following Partners:
Christy LIM
Head – Banking & Finance
d +65 6416 2403
e christy.lim@wongpartnership.com
Click here to view Christy’s CV.
Susan WONG
Partner – Banking & Finance
d +65 6416 2402
e susan.wong@wongpartnership.com
Click here to view Susan’s CV.
Felix LEE
Partner – Banking & Finance
d +65 6416 8035
e felix.lee@wongpartnership.com
Click here to view Felix’s CV.