Joywin Mathew
PartnerJoywin Mathew, has broad capital markets, structured finance and debt finance experience, spanning over 17 years. Joywin routinely handles a wide range of public and private international debt transactions and other complex debt transactions. He has also advised on a number of sustainable finance transactions which were “new to market”. Joywin is a keen contributor to thought leadership on matters relating to sustainable finance, and represents DLA Piper on various forums related to ESG and sustainable finance. Joywin is also an industry recognised expert on blue finance and climate finance and works with a diverse group of stakeholders on advancing the cause of a sustainable ocean economy and in particular on how blue finance and blue bonds can play a critical role in unlocking financing for ocean initiatives including the implementation of the SDGs related to the ocean.
Joywin is “recommended” by Legal 500 UK, 2020 for Debt Capital Markets.
EXPERIENCE
- Advising Aberdeen Infrastructure and funds managed by Dalmore Capital on refinancing of St. James's Oncology Centre in Leeds. The refinancing involved an innovative public listing of GBP50 million in principal amount of fixed-rate bonds (including GBP7 million in principal amount of variation bonds) and GBP38 million in principal amount of inflation-linked bonds, together with GBP173 million in principal amount of fixed rate privately placed notes. Assured Guaranty wrapped the full GBP261 million of bonds and notes.
- Advised GuarantCo, a Private Infrastructure Development Group (PIDG) company, on the first Kenya Shilling corporate bond and first Kenyan green bond to be listed on the International Securities Market (ISM) of the London Stock Exchange. DLA Piper advised on all aspects of the listing of the Acorn Project (Two) Limited Liability Partnership’s medium term note programme (MTN), under which the bonds were issued, and which is valued up to KES5 billion.
- Acting for the Hungarian Development Bank on its 1.75% EUR750 million Notes due 2025
- Acting for the lead managers (Standard Chartered Bank and Axis Bank Limited) on the debut issuance by the Kerala Infrastructure Investment Fund Board (KIIFB) of its INR21.5 billion (USD312 million) secured, guaranteed, rupee denominated bonds (masala bonds), which were listed on the International Securities Market of the London Stock Exchange and the Singapore Stock Exchange. This is the first offshore capital market issuance from a State level entity from India.
- Acting for Etihad Airways on a EUR100 million sustainable finance transaction, by which the company becomes the first airline to secure funding for a project based on its compatibility with the Sustainable Development Goals of the United Nations.
- Advising Axis Bank Limited (Singapore Branch), Nomura International (Hong Kong) Limited, SBICAP (Singapore) Limited and Standard Chartered Bank on the debt issuance by the National Highways Authority of India of its INR30 billion 7.30% synthetic INR notes due 18 May 2022, listed on the London Stock Exchange and Singapore Stock Exchange – as of May 2017, the largest five-year rupee denominated bond in the world. This transaction which was the world’s largest Masala Bonds issuance for a five year bond in 2017 was commended in the FT Innovative Lawyers Report 2017 in the "New Market and Capital" category. This transaction also won the award for "Best Masala Bond" under the "Best Deals - South Asia" category in The Asset Asian Awards, 2017.
- Represented Standard Chartered Bank on a USD200 million receivables financing facility with China Huanqiu Contracting & Engineering Corp in relation to a refinery expansion project in Erbil, Iraq.
- Advised Elmet Capital Limited in the establishment of a Luxembourg securitisation with a senior loan-on-loan financed by UK bank and a mezzanine and subordinated tranche. This was purchased by affiliates of Elmet capital Limited. The underlying assets were Dutch commercial real estate.
- Advising the dealers (Axis Bank Limited (Singapore Branch) and HSBC) on the establishment by Cholamandalam Investment and Finance Limited of its INR30 billion MTN Programme.
- Advising the arrangers and the dealers (Axis Bank Limited (Singapore Branch), Bank of America Merrill Lynch, BNP Paribas, Citigroup, Crédit Agricole CIB, HSBC, JP Morgan, MUFG and Standard Chartered Bank) in relation to the USD5 billion GMTN Programme of Axis Bank Limited and the joint lead managers in relation to the related USD500 million drawdown under the programme.
- English
- Hindi
- University of Warwick, UK, LL.M, 2005
Publications
- ''Are we exceedingly reliant on common sense?," Butterworths Journal of International Banking and Financial Law, January 4, 2016
- "The Insolvency and Bankruptcy Code, 2016: the dawn of a new beginning," Butterworths Journal of International Banking and Financial Law, September 2016
Prior Experience
Prior to joining DLA Piper, Joywin was a member of the Banking and Capital Markets practice of a global law firm in London and Singapore.
