Allens, together with Clifford Chance, has advised Bain Capital on its $250 million investment in leading Vietnamese conglomerate Masan Group.
The investment is Bain Capital's first in Vietnam and includes equity investment in the form of convertible dividend preference shares which can be converted into listed ordinary shares of Masan Group.
'Congratulations to the teams at Bain Capital and Masan Group on this landmark investment,' said lead Partner Linh Bui.
'We are delighted to have supported Bain Capital on its first deal in Vietnam and to have been able to help them navigate the maze of Vietnamese legal issues and practice.
'The investment confirms Vietnam's status as an attractive destination for foreign investors and the growing demand in the market for innovative investment products and structures.'
Allens legal team
Linh Bui (Partner), Ngoc Anh Tran (Partner), Ngoc Nguyen (Senior Associate), Hien Nguyen (Senior Associate), Duong Anh (Associate), Kiet Do (Associate), Phat Nguyen (Associate), Anh Do (Associate), Tien Tran (Associate)