Tan Tze Gay is the head of the equity capital markets practice at Allen & Gledhill. Her areas of expertise span equity and debt capital markets and corporate regulatory and compliance.
She has extensive experience acting for issuers and underwriters on a wide range of innovative, high-value and complex transactions, from IPOs and listings on the Singapore Exchange as well as regional and international exchanges to global debt offerings. She continues to advise listed corporates and business trusts after listing on their follow-on equity offerings, debt offerings, acquisitions and disposals and corporate regulatory and compliance advisory matters.
Tze Gay is widely recognised as a leading capital markets practitioner in Singapore by notable legal publications, including Chambers Asia-Pacific, Chambers Global, IFLR1000, The Legal 500 Asia Pacific and Who’s Who Legal: Capital Markets. She has also been named in the IFLR1000 Women Leaders guide since its inaugural edition in 2018.
Tze Gay has been a partner since 1992. One significant transaction that she has acted in, as transaction counsel, is the IPO and listing on the Singapore Exchange of NetLink NBN Trust in 2017 (the largest IPO in Singapore since 2011 and the first completed IPO in Singapore involving an internalised trustee-manager structure).
She also advised DBS Bank Ltd and Morgan Stanley Asia (Singapore) Pte as joint lead managers for Singapore Airlines Limited’s S$8.8 billion rights issue of new ordinary shares and mandatory convertible bonds in 2020, which is Singapore’s largest ever rights issue. This is also the first rights issue of mandatory convertible bonds and the first concurrent rights issue of shares and convertible bonds by a SGX Mainboard-listed company.