Weerawong C&P

Thailand

Analysis

Overview

One of the leading Thai firms, Weerawong C&P maintains its impressive lock on the top echelons of our rankings across all categories. In particular, it stands alone and unchallenged in the ‘Outstanding’ tiers for capital markets, and restructuring and insolvency. Senior partners Weerawong Chittmittrapap and Veeranuch Thammavaranucupt are known for their expertise in capital markets, and corporate and M&A, while its well-regarded disputes team features Phisit Dejchaiyasak and Sakchai Limsiripothong.

Client feedback

“The firm is responsive, give practical commercial advice and is always willing to go the extra mile.” – Dispute resolution

“It has meticulous, very smart lawyers and extensive experience.” – Dispute resolution

“It is highly committed to the case and client. It provides direct and quick communications, and a high standard and high quality of work.” – Restructuring and insolvency

 Sakchai Limsiripothong

“He is highly committed and driven. Great expertise.”

“He is very experienced and knowledgeable.”

Jedsarit Sahussarungsi

“Bright, responsive and a pleasure to work with.”

Dispute resolution
Work highlights

Representing a major sugar production company in Thailand in two cases where a finance department supervisor committed internal fraud that significantly affected the health of the business and its employees.

Key clients

Advance Finance, Export-Import Bank of the United States, Hero Experience, Pacific Alliance Group, Total Access Communication

Restructuring and insolvency
Work highlights

Working with Sahaviriya Steel Industries on its $1.9 billion rehabilitation and business reorganisation as demanded by its major creditors in the UK and Thailand.

Key clients

EY Corporate Advisory Services, Krung Thai Bank, Ladprao Plaza, Sriracha Harbour, Triple T Broadband

Corporate and M&A
Work highlights

Acted for SET-listed power flagship company of PTT Group, Global Power Synergy, on its $4.1 billion acquisition of a majority stake in Glow Energy from Engie Global Developments.

Advised F&N Retail Connection on its joint venture with Maxim’s Group of Hong Kong, whereby the joint venture, Coffee Concepts Thailand, acquired all existing Starbucks outlets in Thailand and became the country’s sole franchisee for 40 years. The deal was valued at $650 million.

Key clients

Charoen Pokphand Foods, Grab, KKR Asia, Panus Poultry, Siam Commercial Bank, Taobao, Thai Beverage, Thai Alliance

Capital markets
Work highlights

Advised Citigroup Global Markes, HSBC, and ING Bank on the issuance of perpetual additional tier 1 capital securities issued under a Euro medium term note programme by TMB Bank. This deal is the first-ever Basel III-compliant additional tier 1 notes offering from Thailand.

Represented PTT Exploration and Production in a liability management transaction comprising the tender purchase of $500 million subordinated perpetual securities, the establishment of the $3 billion global medium term notes programme, and the issuance of long term senior notes.

Key clients

Asset World, BTS Group Holdings, GIC, Jasmine International

Banking and finance
Work highlights

Acted for United Overseas Bank in relation to granting a $940 million term loan to TCC Assets as refinancing of the borrower’s existing facility.

Represented Mizuho Bank on $399 million financing for JX Nippon Mining & Metal’s acquisition of HC Starck Tantalum and Niobium.

Key clients

Bank of China, CIMB Bank, Global Power Synergy, The Siam Commercial Bank, Sumitomo Mitsui Bank

Construction
Work highlights

Acting for the Office of the Eastern Economic Corridor of Thailand on its $4.8 billion undertaking of the PPP concession project for the Laem Chabang DeepSea Port Phase 3.

Key clients

Department of Highways Thailand, Port Authority of Thailand