Three large firms have landed roles on a $1.7 billion initial public offering by NetLink NBN Trust, a broadband spinoff of Singapore Telecommunications Ltd., better known as Singtel.

The IPO by NetLink on the Singapore Exchange is the largest the city-state has seen since 2011. Milbank, Tweed, Hadley & McCloy capital markets partner Naomi Ishikawa in Singapore is serving as international legal counsel on the listing for NetLink, which has turned to Allen & Gledhill to advise on local Singapore law matters.

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