We use cookies, including third party cookies, to personalise and optimise your experience when exploring our website. For more detailed information about our cookies, please refer to cookies section in our privacy notice .
If you agree to the use of cookies, please click “Accept”. To manage your cookies settings, please click “Cookies Settings”.
Finance
We have in-depth knowledge and extensive experiences in Thai banking regulations and, together with our M&A and capital markets specialists, are very well placed to advise advise and assist our clients in typical and complexed banking and financing transactions, restructuring and insolvency (R&I), M&A, and banking regulations and compliance including those concerning fintech, payment and personal data protection.
Financing, M&A and Banking Regulations
We offer both transactional and regulatory advice and services to not only international and domestic lenders, non-bank financial institutions, and fintech companies but also investment banks, corporate and PE clients in connection with their investment in commercial banks, non-bank and fintech companies. Our wealth of experience in managing cross-border transactions and complex financings, M&A and in banking regulations and compliance enables us to assist our clients with integrated advice on a broad spectrum of innovative financing products as well as the more traditional ones with our first-class services and practical solutions.
Fintech and Payment
As IT and technologies have become a significant part of banking and financial service industry, we are very well placed to provide our clients with our comprehensive regulatory guidance to not only start-up tech companies but also leading global players. We have worked closely and regularly with leading international law firms and their clients in a broad range of digital and payment related matters, including E-payment, E-wallet, E-marketplace, payment gateway, P2P payment networks, lending arrangements, cryptocurrencies and digital asset trading platforms. Given the considerably sophisticated and complex nature of application of these new technologies which vary from one jurisdiction to the others, we are prepared to guide our clients through this very challenging frontier in finding practical solutions in light of the developing regulatory framework.
Restructuring and Insolvency
With our insight experience from not only creditors’ but also debtors’ and investors’ perspectives, we are well placed to assist our clients in every aspect of the restructuring process (both in and out of court restructuring and workouts) with a view to preserving value, finding creative solutions and providing practical guidance to legal difficulties in the rescue process for both creditors and debtors whilst ensuring that new investors are fully protected with proper documentations and proper process before new money can be injected into a distressed company.
Our lawyers have acted for both lenders and borrowers in a number of syndicated and bilateral loan transactions, including the following:
- Advised Australia and New Zealand Banking Group on the revolving Facility Agreement with a leading global professional services firm offering audit, tax, and advisory services in relation to guarantees provided by the firm’s Thai subsidiaries
- Advised Snow Peak Capital (in conjunction with leading international law firm as a lead counsel) on a USD 40 million term loan financing for its acquisition of TurbineAero, a global leader in maintenance, repair and overhaul (MRO) services focused on aircraft auxiliary power units (APUs) solutions for the aerospace industry, including advising on guarantee and security package related to the transaction
- Advised on the financing by a syndicate of lenders in Malaysia for an acquisition by DigitalBridge Group of the ownership interest in data centre platforms located in Malaysia and Thailand
- Advised Kasikornbank and JMT Network Services as syndicated lenders on a THB 20 billion loan facility to JK Asset Management for the purchase of non-performing loans
- Advised Linden Capital Partners on a USD 200 million syndicated financing for the acquisition of LifeStyles Healthcare, a global sexual health and wellness platform
- Advised BCEGT Thai International in relation to certain commercial contracts, relevant financing, and security arrangements
- Advised a reputable businessman in connection with his financing of a THB 350 million to a hotel for the purpose of renovation and working capital
- Advised UBS AG London Branch on a USD 800 million term loan facility to a CP Group company as part of its acquisition of Tesco Lotus
- Advised (in conjunction with Skadden, Arps, Slate, Meagher & Flom LLP as lead counsel) Joyson KSS Auto Safety S.A. and some of its subsidiaries in connection with its entry into a USD 900 million senior multicurrency term and revolving facility agreement with (i) Deutsche Bank AG, Tokyo Branch, (ii) Mizuho Bank, and (iii) China Merchants Bank. The funds will primarily be used for financing the global acquisition by Key Safety Systems Group of businesses and assets of Takata Corporation Group
- Advised NS Bluescope, a leading international supplier of steel products, in connection with its obtaining of (i) THB 1.3 billion term loan facility from Bank of Ayudhya, and (ii) THB 1.2 billion term loan facility from Mizuho Bank, Bangkok Branch
- Advised Richee Holding Alliance (the owner of Pullman Bangkok Hotel G) and a subsidiary of Pioneer Hospitality Siam GBR (the owner of Pullman Pattaya Hotel G) on a THB 1.5 billion term loan facility from United Overseas Bank (Thai)
- Advised AIF Toll Road, a subsidiary of Metro Pacific Tollways Corporation, the largest toll road operator in the Philippines and a holder of interest in Don Muang Tollway, in respect of a refinancing of the existing term loan with a THB 1.7 billion term loan facility from Mizuho Bank, Bangkok Branch and Sumitomo Mitsui Banking Corporation, Bangkok Branch
- Advised Pace Development in connection with the senior secured debt financing granted by Apollo and Goldman Sachs to two of its subsidiaries for the development and completion of the MahaNakhon Tower, the tallest building in Thailand
- Advised CE Lime, a joint venture company between Carmeuse, one of the largest lime and lime-related products producers in the world, and GP Group, in respect of THB 1.02 billion term joan facility from TMB Bank for the acquisition in Golden Lime (a leading manufacturer and distributor of lime and calcium carbonate)
- Advised AIF Toll Road, a subsidiary of Metro Pacific Investments Corporation, the leading infrastructure investment firm in the Philippines, and a holder of certain interest in Don Muang Tollway, in respect of a THB 2.1 billion term loan facility from Thanachart Bank to fund capital return
- Advised Maxwin Builders (the owner of the Atrium Bangkok Hotel) on a THB 1 billion term loan facility from Bangkok Bank for the refinancing and renovation of the hotel
- Advised Globex Corporation on a THB 2 billion term loan facility from Bangkok Bank for financing the acquisition of Christiani & Nielsen
- Advised MBK on a USD 12 million revolving working capital facility from The Bank of Nova Scotia
- Advised BlueScope Steel Thailand on a THB 2.5 billion term loan facility from HSBC, Bangkok Bank, and The Bank of Tokyo Mitsubishi UFJ, Bangkok Branch
- Advised GFPT Nichirei on a THB 1.17 billion credit facility from Mizuho Corporate Bank, The Bank of Tokyo Mitsubishi UFJ, Bangkok Branch, Sumitomo Mitsui Banking Corporation, Bangkok Branch and TMB Bank
- Advised Standard Bank as arranger in relation to a USD 100 million term loan facility to Siam Capital Developments (Hong Kong), a shareholder of Bangkok Mass Transit System (BTS)
- Advised Taiwan Cooperative Bank in relation to the pledge of listed shares as security for a USD 100 million term loan facility to Richpoint, a KGI Group company
- Advised Standard Chartered Bank (Thai) on THB 500 million term loan facility to Oriental Copper
- Advised TMB Bank on a THB 1.12 billion term loan facility to Bangkok Ranch
- Advised Standard Bank in connection with a term loan facility to Siam Rail Transport and Infrastructure to partly fund the borrower’s purchase of the Zero Coupon Unsecured and Unsubordinated Convertible Bonds due 2010, issued by Bangkok Mass Transit System (BTS), a Bangkok sky train operator, in compliance with BTS’ business reorganization plan
- Advised Seacon Development on a THB 1.2 billion loan facility from Bangkok Bank and Thanachart for the acquisition of Wattanawana (during its business rehabilitation proceedings), which owns and operates Future Park Bangkae
- Advised Boonkongchuen Land on a THB 213 million loan facility for the construction costs of the Rest Detail Hotel in Hua Hin from Thanachart Bank
- Advised Standard Chartered Bank (Thai) on THB 2.8 billion loan facility to Grace Ivory
- Advised TMB Bank on USD 50 million term loan facility for Macquarie Bank
- Advised Standard Chartered Bank (Thai) on THB 110 million credit facilities to Penn Asia
- Advised Standard Chartered Bank (Thai) on THB 750 million credit facilities to Nobel NC
- Advised Raimon Land on a THB 1.2 billion term loan facility from Siam Commercial Bank