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Jongtip Tangsripairoje is a senior associate in the capital
markets practice group at Weerawong C&P. She has substantial experience in debt market
offerings, as well as banking and finance matters. Recent
Experience Mergers & Acquisitions Representation of GE Capital Group, including its subsidiaries in
Hong Kong on the sale of its stake in Alpha Capital Asset Management Co., Ltd. to a new strategic
investor. Weerawong C&P has advised the GE Capital Group on transactions in Thailand since its
entrance into the financial sector as a management company. The transaction closed on 28 January
2016. Securities Transactions Representation of BTS Group Holdings Public Company Limited
(BTSG), a leading provider of mass transit systems in Bangkok, in the issuance of
its first senior unsecured debentures with multiple tranches and due dates up to 2029 for the
purposes of the repayment of debts, investments and financing for the working capital of BTSG.
Bangkok Bank Public Company Limited and The Hongkong and Shanghai Banking Corporation Limited
(Thailand) were the underwriters. The debentures valued at up to THB 7,000 million were issued on 26
December 2017. Representation of Berli Jucker Public Company
Limited in the issuance of senior unsecured debentures in the largest single issue by a
Thai enterprise to date. The total offering to institutional and high net-worth investors was THB 82
billion (approximately USD 2.29 billion). The proceeds were for the financing of the acquisition of
Big C Super Center, investments and working capital. Debenture 2016-1 was issued on 7 September 2016
and Debenture 2016-2 was issued on 8 December 2016. The debentures are rated "A+" by Tris Rating
Co., Ltd. Representation of Berli Jucker Public Company
Limited on the THB 80 billion refinancing in the acquisition of Big C Super Center. Seven
major banks participated in the repayment and refinancing of the loans under a bridging facility in
the amount of €3.2 billion and a tender offer facility in the mount of THB 88 billion. The
transactions closed on 9 September 2016. The refinancing followed the USD 6.2 billion acquisition of
a majority stake in Big C Thailand in March 2016, the largest acquisition financing in Thailand in
2016 to date. Representation of Bangkok Mass Transit System Public
Company Limited (BTSC) in the issuance of senior unsecured debentures
valued at up to THB 22 billion (approximately USD 618 million) with multiple tranches and due dates
up to 2026. The debentures were issued for the financing of the electrical and mechanical systems
project for the Green Line sky train extensions (north - south) and other BTSC investments. Bangkok
Bank Public Company Limited, Bank of Ayudhya Public Company Limited, the Hong Kong and Shanghai Bank
Corporation and Phatra Securities Public Company Limited acted as underwriters. The debentures were
issued on 10 November 2016. Representation of Indorama Ventures Public
Company Limited (IVL), a global producer of intermediate petrochemicals in
its first issuance this year of callable debentures of THB 5 billion unsecured and unsubordinated
debentures to II and HNW investors. The debentures are comprised of 4 tranches; 5, 10, 12and 15
years with a call option after the 7th year for the 10 year tranche and after the 10th year for the
15 year tranche. Krungthai Bank Public Company Limited and KASIKORNBANK Public Company Limited have
been appointed as the underwriters. Representation of Secondary
Mortgage Corporation, a state-owned financial institution, in the offering of up to THB 5
billion secured, securitized and amortized bonds in which Kasikornbank Public Company Limited and
Bank of Ayudhya Public Company Limited acted as underwriters Representation of
PTG Energy Public Company Limited, a Thailand-based oil retailer and wholesaler in
its first issuance of THB 1,500 million unsecured and unsubordinated debentures to II & HNW.
Krungthai Bank Public Company Limited and CIMB Thai Bank Public Company Limited have been appointed
as the underwriters. The transaction closed on 19 February 2016 with full subscription. Representation of PTT Public Company Limited in connection with the
proposed public offering of No. 1/2558 unsecured debentures up to THB 4,200 million. The transaction
closed 19 October 2015. Representation of PTT Public Company
Limited in the issuance of up to THB 12,000 million unsecured and subordinated debentures
to public investors, including PTT existing debentures holders of PTTC14DA and PTTC14DB and new
retail investors. The debentures are rated AAA (tha) by Fitch Ratings (Thailand). Bangkok Bank Pcl,
Krung Thai Bank Pcl, The Siam Commercial Bank Pcl and KASIKORNBANK Pcl., are underwriters. The deal
closed on 12 December 2014. Representation of Oishi Group Public
Company Limited in the issuance of unsecured and unsubordinated debentures no. 1/2556 up to
THB 1 billion. Siam Commercial Bank was the underwriter. Representation of
Thanachart Bank Public Company Limited in connection with the first Tier 2
convertible debentures issuance in the Kingdom of Thailand, valued at THB 13 billion. The
transaction was the first of its kind in Thailand for domestic Basel III Tier 2 convertible
debentures (without written off/down feature). Representation of AEON
Thana Sinsap (Thailand) Public Company Limited in
offering of up to THB 1,200 million (USD 40 million) unsecured and unsubordinated debentures in
which Thanachart Bank Public Company Limited and CIMB Thai Bank Public Company Limited acted as
underwriters (closed 10 July 2014). Representation of Secondary
Mortgage Corporation in the offering of up to THB 827 million (USD 27.6 million) unsecured
and unsubordinated bonds in which KASIKORNBANK Public Company Limited acted as underwriter (closed
June 2014). Representation of Secondary Mortgage Corporation
in the offering of up to THB 5,000 million (USD 167 million) short term bills of exchange in which
KASIKORNBANK Public Company Limited acted as underwriter (closed May 2014). Representation of Thanachart Bank Public Company Limited in the
offering of up to THB 13,000 million (USD 434 million) Tier 2 debentures under Basel III in which
Thanachart Bank Public Company acted as underwriter (closed May 2014). Representation of SPCG Public Company Limited in the offering of
up to THB 4,000 million (USD 134 million) unsecured and unsubordinated debentures in which
KASIKORNBANK Public Company Limited, Krungthai Bank Public Company Limited, CIMB Thai Bank Public
Company Limited, Thanachart Bank Public Company Limited and Asia Plus Securities Public Company
Limited acted as underwriters and Co-Manager (closed May 2014). Representation
of Noble Development Public Company Limited in the offering of up to THB 1,500
million (USD 50 million) unsecured and unsubordinated debentures in which Thanachart Bank Public
Company Limited and Asia Plus Securities Public Company Limited acted as underwriters (closed May
2014). Representation of Ananda Development Public Company
Limited on an offering of unsecured and unsubordinated debentures, valued at up to USD 100
million (THB 3 billion), in which Bualuang Securities Public Company Limited, CIMB Thai Bank Public
Company Limited acted as arrangers, and Asia Plus Securities Public Company Limited acted as
co-manager. Representation of PTT Public Company Limited in
the offering of up to THB 22,000 million (USD 733.34 million) unsecured and unsubordinated
debentures in which Bangkok Bank Public Company Limited, Krungthai Bank Public Company Limited,
Kasikornbank Public Company Limited, The Siam Commercial Bank Public Company Limited and Thanachart
Bank Public Company Limited acted as arrangers (closed 26 November 2013). Representation of Quality Houses Public Company Limited in the
offering of up to THB 2,000 million (USD 66.67 million) unsecured and unsubordinated debentures in
which Bank of Ayudhya Public Company Limited, CIMB Thai Bank Public Company Limited and United
Overseas Bank Thai Public Company Limited acted as underwriters (closed 6 November 2013). Representation of Property Perfect Public Company Limited in
the offering of up to THB 2,000 million (USD 66.67 million) unsecured and unsubordinated short term
debentures in which Krungthai Bank Public Company Limited, Bank of Ayudhya Public Company Limited,
Thanachart Bank Public Company Limited and CIMB Thai Bank Public Company Limited acted as
underwriters (closed 6 November 2013). Representation of Kiatnakin
Bank Public Company Limited in the offering of up to THB 3,000 million (USD 1,000 million)
unsecured and unsubordinated short term bills of exchange (closed 3 November 2013). Representation of Ratchthani Leasing Public Company Limited in the
offering of up to THB 3,000 million (USD 100 million) unsecured and unsubordinated debentures in
which Thanachart Bank Public Company Limited acted as underwriter (closed 24 October 2013). Representation of Kiatnakin Bank Public Company Limited in the
offering of up to THB 1,700 million (USD 56.67 million) unsecured and unsubordinated debentures in
which Phatra Securities Public Company Limited acted as arranger (closed 3 October 2013). Representation of Sansiri Public Company Limited in offering of up
to THB 1,000 million (USD 34 million) unsecured and unsubordinated debentures in which Krungthai
Bank Public Company Limited acted as arranger (closed 3 October 2013). Representation of WHA Corporation Public Company Limited in the
offering of up to THB 2,700 million (USD 90 million) unsecured and unsubordinated debentures in
which the Siam Commercial Bank Public Company Limited acted as arranger (closed 19 September
2013). Representation of Bangkok Chain Hospital Public Company
Limited in offering of up to THB 1,500 million (USD 50 million) unsecured and
unsubordinated debentures in which Kasikornbank Bank Public Company Limited and Asia Plus Securities
Public Company Limited acted as arrangers (closed September 19, 2013). Representation of PTT Public Company Limited in offering of up to
THB 10,000 million (USD 333.34 million) unsecured and unsubordinated debentures in which the Siam
Commercial Bank Public Company Limited and Krungthai Bank Public Company Limited acted as arrangers
(closed September 12, 2013). Representation of AP
(Thailand) Public Company Limited in offering of up to THB 1,000
million (USD 34 million) unsecured and unsubordinated debentures in which Kasikornbank Public
Company Limited and United Overseas Bank (Thai) Public Company Limited acted as arrangers (closed
September 4, 2013). Representation of Krungthai Bank Public Company
Limited in offering of up to THB 50,000 million (USD 1,664 million) unsecured and
unsubordinated short term debentures (closed September 2, 2013). Representation of Sansiri Public Company Limited in offering of up
to THB 2,000 million (USD 67 million) unsecured and unsubordinated debentures in which Kasikornbank
Public Company Limited and The Siam Commercial Bank Public Company Limited acted as arrangers
(closed August 22, 2013). Representation of Kiatnakin Bank Public
Company Limited in offering of up to THB 1,500 million (USD 50 million) unsecured and
unsubordinated debentures in which Phatra Securities Public Company Limited acted as arranger
(closed August 15, 2013). Representation of Charoen Pokphan Foods
Public Company Limited in offering of up to THB 2,000 million (USD 66.67 million) unsecured
and unsubordinated debentures in which The Siam Commercial Bank Public Company Limited, Krungthai
Bank Public Company Limited and TMB Bank Public Company Limited acted as arrangers (closed August 2,
2013). Representation of Ananda Development Public Company
Limited on an offering of unsecured and unsubordinated debentures, valued at up to USD 100
million (THB 3 billion), in which Bualuang Securities Public Company Limited, CIMB Thai Bank Public
Company Limited acted as arrangers, and Asia Plus Securities Public Company Limited acted as
co-manager. The transaction closed on July 4, 2013. Representation of
Property Perfect Public Company Limited in offering of up to THB 2,000 million (USD
66.67 million) unsecured and unsubordinated debentures in which Krungthai Bank Public Company
Limited acted as underwriter (closed June 28, 2013). Representation of
Ratchthani Leasing Public Company Limited in offering of up to THB 2,000 million
(USD 66.67 million) unsecured and unsubordinated debentures in which Thanachart Bank Public Company
Limited acted as underwriter (closed June 14, 2013). Representation of
Sansiri Public Company Limited in offering of up to THB 1,000 million (USD 33.34
million) unsecured and unsubordinated debentures in which Krungthai Bank Public Company Limited
acted as underwriter (closed May 31, 2013). Representation of Kiatakin
Bank Public Company Limited in offering of up to THB 3,500 million (USD 116.67 million)
unsecured and unsubordinated debentures in which Phatra Securities Public Company Limited acted as
underwriter (closed June 28, 2013). Representation of Charoen Pokphan
Foods Public Company Limited in offering of up to THB 6,000 million (USD 200 million)
unsecured and unsubordinated debentures in which The Siam Commercial Bank Public Company Limited
acted as underwriter (closed May 9, 2013). Representation of Property
Perfect Public Company Limited in offering of up to THB 800 million (USD 26.67 million)
short term debentures in which Bank of Ayudhya Public Company Limited acted as underwriter (closed
April 9, 2013). Representation of Property Perfect Public Company
Limited in offering of up to THB 1,200 million (USD 40 million) short term debentures in
which Bank of Ayudhya Public Company Limited acted as underwriter (closed April 9, 2013). Representation of Double A (1991) Public
Company Limited in connection with the issuance of THB 8.5 billion (approx. USD 284
million) unsecured debentures. Representation of Sri Trang Agro-industry
Public Company Limited in connection with the issuance of THB 900 million (approx. USD 30 million)
unsecured debentures. Representation of Bangkok Chain Hospital Public
Company Limited in connection with the issuance of THB 1.8 billion (approx. USD 60 million)
unsecured debentures. Representation of Property Perfect Public
Company Limited in connection with the issuance of THB 2.5 billion (approx. USD 84 million)
partially secured debentures (Closed: May 2012). Representation of PTT
Public Company Limited in connection with the proposed public offering of THB 1.5 billion
(approx. USD 50 million) unsecured debentures (Closed: May 2012). Representation of Double A (1991) Public
Company Limited in connection with the proposed public offering of the unsecured debentures
No. 1/2555 (Closed: April 2012). Representation of Charoen Pokphand
Foods Public Company Limited in connection with the issuance and offering in Thailand of
THB 6.6 billion (approx. USD 220 million) the unsecured and unsubordinated debentures in which The
Siam Commercial Bank Public Company Limited is an arranger (Closed April 2012). Representation of PTT Public Company Limited as legal counsel in
connection with the issuance of THB 20 billion (approx. USD 667 million) unsecured debentures
(Closed: January 2012). Representation of Krung Thai Bank Public
Company Limited in connection with the issuance of the THB 10 billion (approx. USD 333
million) Short-term debentures (Closed: January 2012). Representation of
Thai Airways International Public Company Limited in connection with the proposed
public offering of the THB 3 billion unsecured debentures (Closed: January 2012). Representation of Bank of Ayudhya Public Company Limited in
connection with the proposed public offering of the unsecured debentures No. 1/2555 (Closed: January
2012). Representation of Bank of Indorama Ventures Public Company
Limited in connection with the proposed public offering of the unsecured debentures No.
1/2554 (Closed: December 2011). Representation of Krung Thai Bank
Public Company Limited in the offering of THB 30,000 million short term debentures.
(Closed: December 2011) Representation of Charoen Pokphand Foods
Company Limited in the issuance of THB 10,000 unsecured debentures, in which Bangkok Bank
Public Company Limited acted as arranger. (Closed: August 19, 2011) Representation of Sansiri Company Limited in the issuance of THB
1,000 unsecured debentures, in which The Siam Commercial Bank Public Company Limited acted as
arranger. (Closed: July 21, 2011) Representation of Noble Development
Public Company Limited in the issuance of THB 1,500 unsecured debentures, in which Bank of
Ayudhya Public Company Limited acted as arranger. (Closed: June 30, 2011) Representation of Berli Jucker Public Company Limited in the
issuance of THB 1,000 unsecured debentures, in which KASIKORNBANK Public Company Limited acted as
arranger. (Closed: May 31, 2011) Representation of Property Perfect
Public Company Limited in the issuance of THB 1,500 Bill of Exchange, in which Siam City
Bank Public Company Limited acted as arranger. (Closed: April 12, 2011) Representation of Minor International Public Company Limited in the
1/2011 issuance of THB 1,500 million unsecured debentures, in which Bank of Ayudhya Public Company
Limited and KASIKORNBANK Public Company Limited were the underwriters. (Closed: March 17,
2011) Representation of Kiatnakin Bank Public Company Limited
in the issuance of THB 2,000 million unsecured and unsubordinated debentures, in which KASIKORNBANK
Public Company Limited acted as the underwriter. (Closed: February 15, 2011) Representation of BTS Groups Holdings Public Company Limited in the
offering of the THB 10 billion USD Settled L/C Backed Convertible Debentures under Regulation S in
January 2011. Representation of Indorama Ventures Public Company
Limited (IVL) in the secondary offering (block trade) of the company’s
shares held by its major shareholder to institutional investors (mainly foreign investors) worth
approximately THB 12 billion (USD 400 million) in January 2011. Representation
of Krung Thai Bank Public Company Limited in the offering of THB 9,000 million
Hybrid Tier 1 Securities in 2010. Representation of PTT Chemical
Public Company Limited (PTTCH) in connection with the swap contract
entered into by PTTCH with Standard Chartered Bank (Thai) Public Company Limited (SCBT) on issues
which are relevant to the credit facility agreement entering with SCBT. Representation of Minor International Public Company Limited in the
2nd issuance in 2010 of THB 1,250 million unsecured debentures, in which Bank of Ayudhya Public
Company Limited and KASIKORNBANK Public Company Limited were the underwriters in 2010. Representation of PTT Public Company Limited in the issuance of a
THB 4,000 million 100-year unsecured debentures, in which Bangkok Bank Public Company Limited,
KASIKORNBANK Public Company Limited and Siam Commercial Bank Public Company Limited acted as
underwriters in 2010. Representation of PTT Public Company
Limited in the issuance of THB 35 billion unsecured debentures, in which Bangkok Bank
Public Company Limited, KASIKORNBANK Public Company Limited and Siam Commercial Bank Public Company
Limited acted as underwriters in 2010. Representation of Phatra
Securities Public Company Limited, Finansa Securities Limited and Morgan Stanley, the
Underwriters, in the public offering of newly issued shares BY Thai Airways International Public
Company Limited worth approximately THB 15,000 million in 2010. Representation
of Preuksa Real Estate Public Company Limited in the issuance of THB 5,000 million
unsecured and unsubordinated debentures, in which CIMB Thai Bank Public Company Limtied,
KASIKORNBANK Public Company Limited and Bangkok Bank Public Company Limited acted as underwriters in
2010. Representation of Charoen Pokphand Foods Public Company
Limited in the issuance of THB 8,000 million unsecured and unsubordinated debentures, in
which Bank of Ayudhya Public Company Limited acted as the underwriter in 2010. Representation of Kiatnakin Bank Public Company Limited in the
issuance of THB 1,310 million unsecured and unsubordinated debentures, in which TMB Bank Public
Company Limited acted as the underwriter in 2010. Representation of
Krungthep Land Public Company Limited in the private placement offering of the THB
1,000 million guaranteed debentures, in which Krung Thai Bank Public Company Limited acted as the
Underwriter in 2010. Representation of Double A
(1991) Public Company Limited (formerly, Advance Agro Public
Company Limited) in the 2nd issuance in 2010 of THB 2,500 million unsecured and unsubordinated
debentures, in which Krung Thai Bank Public Company Limited and Standard Chartered Bank (Thai)
Public Company Limited were the lead underwriters. (Closed: August 27, 2010) Representation of Bangkok Bank Public Company Limited,
KASIKORNBANK Public Company Limited, acting as underwriters in the Guaranteed USD
Notes offering by PTTEP Australia International Finance Pty Ltd., a wholly owned subsidiary of PTT
Exploration and Production Plc. (PTTEP), in the aggregate principal amount of USD 200 million.
(Closed: July 30, 2010) Representation of Kiatnakin Bank Public
Company Limited in the issuance of THB 2,493 million unsecured and unsubordinated
debentures, in which KASIKORNBANK Public Company Limited acted as the underwriter. (Closed: July 28,
2010) Representation of Berli Jucker Public Company Limited
in the issuance of THB 1, 900 million unsubordinated and unsecured debentures, in which Siam
Commercial Bank Public Company Limited acted as the underwriter. (Closed: July 14, 2010) Representation of Preuksa Real Estate Public Company Limited in the
issuance of THB 2,500 million unsecured and unsubordinated debentures, in which Bangkok Bank Public
Company Limited, KASIKORNBANK Public Company Limited and CIMB Thai Bank Public Company Limited acted
as the lead arrangers. (Closed: June 17, 2010) Representation of
Double A (1991) Public Company Limited (formerly,
Advance Agro Public Company Limited) in the issuance of THB 5,000 million unsecured and
unsubordinated debentures, in which Krung Thai Bank Public Company Limited and Standard Chartered
Bank (Thai) Public Company Limited were the lead underwriters. (Closed: June 11, 2010) Representation of Minor International Public Company Limited in the
issuance of THB 2,500 million unsecured debentures, in which Bank of Ayudhya Public Company Limited
and KASIKORNBANK Public Company Limited were the underwriters. (Closed: May 2010) Representation of Krung Thai Bank Public Company Limited in the
issuance of THB 10,400 million subordinated debentures. (Closed: March 26, 2010) Representation of Property Perfect Public Company Limited in the
issuance of THB 1,500 million Senior Partially Guaranteed Debentures, in which Siam City Bank Public
Company Limited acted as underwriter. (Closed: February 25, 2010) Representation of Sansiri Public Company Limited in the issuance of
THB 1,000 million unsubordinated and unsecured debentures, in which Siam Commercial Bank Public
Company Limited acted as underwriter. (Closed: February 8, 2010). Representation of Millcon Steel Industries Public Company Limited
in the issuance of convertible debentures offered to DEG (Deutsche Investitions-und
Entwicklungsgesellschaft). The amount value is EUR 17.5 million (approx. THB 787.5 million).
(Closed: January 21, 2010) Representation of Krung Thai Bank Public
Company Limited in the issuance of THB 13 billion subordinated and unsecured debentures to
increase the Bank’s capital base, in which TMB Bank Public Company Limited acted as the underwriter.
(Closed: October 22, 2009) Representation of Property Perfect Public
Company Limited in the issuance of THB 1.1 billion secured debentures, in which Bank of
Ayudhya Public Company Limited acted as arranger. (Closed: August 14, 2009) Representation of PTT Public Company Limited in the issuance of THB
35 billion unsecured debentures, in which Bangkok Bank Public Company Limited, KASIKORNBANK Public
Company Limited, Krung Thai Bank Public Company Limited, Siam Commercial Bank Public Company
Limited, Bank of Ayudhya Public Company Limited, TMB Bank Public Company Limited, CIMB Thai Bank
Public Company Limited, Siam City Bank Public Company Limited, Standard Chartered Bank (Thai) Public
Company Limited, TISCO Securities Company Limited and Thanachart Securities Public Company Limited
acted as arrangers. (Closed: July 31, 2009) Representation of
Thanachart Bank Public Company Limited in the issuance and offering in Thailand of
the THB 5,000 million cumulative subordinated debentures qualified as Tier 2 Capital. (Closed: July
24, 2009) Representation of Minor International Public Company
Limited in the issuance of THB 2 billion unsecured debentures, in which KASIKORNBANK Public
Company Limited is the underwriter in the transaction. (Closed: July 24, 2009) Representation of Siam City Bank Public Company Limited in the
issuance and offering of THB 10 billion subordinated debentures to increase its tier-two capital.
(Closed: June 19, 2009) Representation of PTT Chemical Public Company
Limited in the issuance of THB 3 billion unsecured debentures, in which Krung Thai Bank
Public Company and The Siam Commercial Bank Public Company Limited acted as Arrangers. (Closed: June
19, 2009) Representation of Sansiri Public Company Limited
in the issuance of THB 1,000 million unsubordinated and unsecured debentures in which Siam
Commercial Bank Public Company Limited acted as Underwriter. (Closed: May 29, 2009) Representation of Property Perfect Public Company Limited in the
issuance of THB 520 million secured debentures in which CIMB Thai Bank Public Company Limited acted
as Underwriter. (Closed: May 26, 2009) Representation of PTT Aromatics
and Refining Public Company Limited (PTTAR) in the issuance of THB 15,000
million unsecured debentures, in which Siam Commercial Bank Public Company Limited acted as
Underwriter. (Closed: April 30, 2009) Representation of TMB Bank
Public Company Limited in the buyback of THB 4,000 million subordinated debentures,
qualified as Perpetual Non-Cumulative Tier I Securities. (Closed: April 2009) Representation of PTT Public Company Limited in the issuance of THB
15 billion unsecured debentures, in which Bangkok Bank Public Company Limited, The Kasikornbank
Public Company Limited, Krung Thai Bank Public Company Limited, Siam Commercial Bank Public Company
Limited, Standard Chartered Bank and Tisco Securities acted as underwriters (Closed: March 6,
2009) Representation of Krung Thai Bank Public Company in the
issuance of THB 21 billion subordinated debentures. (Closed: February 19, 2009) Representation of Preuksa Real Estate Public Company Limited in the
issuance of THB 1.5 billion unsecured and unsubordinated debentures, in which KASIKORNBANK Public
Company Limited acted as Underwriter. (Closed: January 23, 2009) Representation of CIMB Thai Bank Public Company Limited in the
issuance of THB 2,500 million cumulative subordinated upper tier 2 capital securities. (Closed:
January 2009) Banking and Finance Representation of Berli Jucker Public Company Limited
(BJC) in the EURO 3.2 billion bridge facilities (approximately USD 3.6 billion)
provided by international banks namely, BNP Paribas, HSBC, Rabobank ICBC, Mizuho Bank, Standard
Chartered Bank, SMBC and Bangkok Bank. The funds are for the acquisition of a 58.56% stake in the
Big C Supercenter Plc, a large nationwide retail store, from the France-based , Casino Group. This
was the largest acquisition financing in Thailand in 2016 to date. Representation of Berli Jucker Public Company Limited
(BJC) in the THB 88,000 million facilities (approximately USD 2.51 billion)
provided by several major banks in Thailand namely Bangkok Bank, KASIKORNBANK, Siam Commercial Bank,
Krung Thai Bank, TMB Bank, and Tisco Bank. The Thai THB Facility is for the funding of the
acquisition of the shares in Big C Supercenter Plc through a tender offer. Representation of Krung Thai Bank Public Company Limited on the
financing of THB 1 billion to Destination Resort Co., Ltd. for the acquisition of the Starwood Hotel
in central Bangkok. Representation of Ananda Development Public
Company Limited on the initial public offering (IPO) and offering of existing shares, in
Thailand, as well as on the international offering under Regulation S. Barclays Bank Plc., CIMB Bank
(L) Limited and CLSA Singapore Pte. Ltd. acted as international managers, while Bualuang Securities
Plc. and KT ZIMCO Securities Plc. acted as underwriters. The deal value was USD 185 million (THB 5.6
billion). Representation of TAEL One Partners Limited in the
THB 3.0 billion bridge loan facility provided to United Center Company Limited for the purpose of
refinancing the company’s debt obligations. Representation of the
syndicated lenders, i.e., The Siam Commercial Bank Public Company Limited,
KASIKORNBANK Public Company Limited, TMB Bank Public Company Limited, TISCO Bank Public Company
Limited and Export-Import Bank of Thailand, in THB 32.5 billion financing of seven SPP (Small Power
Producer) projects to be developed and operated by seven wholly owned subsidiaries of Gulf JP
Company Limited which is a subsidiary of Electric Power Development Company Limited or
"J-Power". Representation of PTT Chemical Public Company
Limited (PTTCH) in connection with the swap contract entered into by PTTCH
with Standard Chartered Bank (Thai) Public Company Limited (SCBT) on issues which are relevant to
the credit facility agreement entering with SCBT. Representation of the
Public Debt Management Office (PDMO), Ministry of Finance, in
connection with ISDA and GMRA agreements (preparation of standard form of Schedule to the Master
Agreement and Confirmation to the ISDA Master Agreement and the ISMA Global Master Repurchase
Agreement - GMRA); negotiation with counter parties and provision of training to the staff of PDMO).
Preparation of standard forms of ISDA and GMRA Agreements and related agreements, and provision of
training to its staff. Representation of Tanayong Public Company
Limited in the THB 22 billion loan facility agreements entered into with Bangkok Bank
Public Company Limited for the acquisition of shares in Bangkok Mass Transit System (BTSC), the sky
train operator. Representation of CIMB Group Sdn Bhd
(CIMB) in the recapitalization of CIMB Thai Bank Public Company Limited (formerly,
BankThai Public Company Limited) which included the issuance of new shares on a rights offering
basis (approx. THB 2.54 billion), the issuance of Hybrid Tier 2 instruments (THB 2.5 billion), the
capital reduction and the rebranding. Representation of CIMB
BANK (L) Limited, as Lender, in connection with the USD
Equivalent of THB 100,000,000 Bridge Facility Agreement to BT Leasing Company Limited as Borrower,
for refinancing the borrower's existing loan. Representation of CIMB
Group Sdn Bhd (CIMB), the Malaysia’s second- largest services provider, in
the acquisition of a 42.13% stake in Thailand’s BankThai from the Financial Institutions Development
Fund (FIDF), in the amount of THB 5.9 billion (Approximately USD 175.5 million), in which Goldman
Sachs (Singapore) Pte. acted as financial advisor. Representation of
PTT Chemical Public Company Limited, as borrower, in connection with the THB 1.5
billion bilateral loan agreement entered into with the Bank of Tokyo-Miusubishi UFJ, Limited
(Bangkok Branch), the THB 7.5 billion bilateral loan agreement entered into with Krung Thai Bank
Public Company Limited, and the THB 1 billion bilateral loan agreement entered into with Mizuho
Corporate Bank, Limited (Bangkok Branch), as lenders. The deal was valued at THB 10 billion
(approximately USD 294.12 million). Representation of Suriwongse Royal
Suite Hotel Company Limited, as issuer, in connection with the issuance of secured
debentures on a private placement basis, in which Citibank, N.A., Bangkok Branch acted as the
Debentureholders' Representative of the debentures. The deal value was THB 550 million
(approximately USD 17.19 million). Representation of General Electric
Capital Asia Investments, Inc. (GECAI) and other shareholders in their
sale of 100% shares in GE Capital Auto Lease Public Company Limited (GECAL) to Bank of Ayudhya
Public Company Limited (BAY). The value of the transaction was THB 16.18 billion (approximately USD
462.29 million) and resulted in THB 80.3 billion assets being transferred to BAY. Representation of Adelfos Company Limited in connection with its
acquisition of 51.29%, of the total issued and outstanding shares in Univentures Public Company
Limited. The acquisition totaled 391,502,726 shares on a private placement basis valued at THB 800
million. Representation of TMB Bank Public Company Limited in
connection with a THB 472 million credit facility granted to JTK (Thailand) Limited, a subsidiary of
LaSalle Investment Management Pte. Ltd., for a financing of the purchase of units in Sermmitr Tower,
located in a prime area of Bangkok. Representation of Phuket Square
Company Limited in a THB 2.58 billion syndicated loan facility provided by Kasikornbank
Public Company Limited and Bank of Ayudhya Public Company Limited to refinance Phuket Square Company
Limited.’s debt to Krung Thai Bank Public Company Limited and to finance a Jungceylon Project. Representation of Bangkok Bank Public Company Limited, TMB Bank
Public Company Limited, The Siam Commercial Bank Public Company Limited, ABN AMRO Bank N.V. and The
Hongkong and Shanghai Banking Corporation Limited as underwriters in relation to a securitization
project relating to residential mortgage-backed securities of Government Housing Bank. Representation of Bangkok Bank Public Company Limited, TMB Bank
Public Company Limited and Standard Chartered (Thai) Public Company Limited as underwriters in
relation to a securitization project relating to Energy Complex of Energy Complex Company
Limited. Representation of Siam City Bank Public Company
Limited and Export-Import Bank of Thailand in connection with the
expansion of Dhara Dhevi Hotel Company Limited in the total amount of THB 2,56 billion. Representation of Ratchaburi Electricity Generating Company
Limited, in the refinancing of its existing debt from more than 15 financial institutions
by the new financing and the issuance and offering in Thailand of secured debentures in the total
amount of if THB 34.26 billion. Representation of Siam City Bank
Public Company Limited and Export-Import Bank of Thailand in connection with THB 1.25
billion credit facilities agreement granted to Dharadhevi Hotel Company Limited for the purpose of
investment and working capital of a resort and spa project. Representation of
LaSalle Investment in a financing transaction. The total deal value is THB 1.3
billion. Representation of Amarin Plaza in a financing
through property fund transactions. The total deal value was THB 1.4 billion. Representation of Siam City Bank Public Company Limited and
Srithai Superware Public Company Limited, acting as deal counsel in the THB 3
billion financing transaction. Representation of General Electric
Group of Companies in Thailand and Thai Farmers Bank Public Company Limited (now
KASIKORNBANK Public Company Limited) in the Master Credit Facilities Agreement in an amount of THB 1
billion as guaranteed by General Electric Capital Corporation. Representation
of Nakornthai Strip Mill Public Company Limited in rehabilitation process and debt
restructuring with Thai banks and foreign bondholders. Representation of
Jalaprathan Cement Public Company Limited (JCC) in the THB loan
facility up to THB 1.5 billion provided by the syndication of major Thai banks namely, Bangkok Bank
Public Company Limited, Siam City Bank Public Company Limited and The Siam Commercial Bank Public
Company Limited. The loan is used for refinancing of the existing debt of JCC and Jalaprathan
Concrete Company Limited (JCP). Representation of Jalaprathan Cement
Public Company Limited (JCC) in the intercompany loan from Asia Cement
Public Company Limited in the THB loan facility up to THB 1 billion as part of the refinancing of
the existing debt of JCC and JCP. Representation of Total Access
Communication Public Company Limited, one of major wireless telecommunication providers, in
a syndication THB 4 billion term loan facility provided by Thai banks and foreign banks. Publications ‘Thailand’, Debt Capital
Markets, Getting the Deal Through, Law Business Research, (2016, 2017) |
