Bangkok: LawFuel.com – Law Firm Newswire service – Leading international law firm Clifford Chance has advised the lead arranger, Mizuho Bank Limited, on a US$200 million syndicated loan agreement for Bangchak Petroleum Public Company Limited, a Thai oil company listed on the Stock Exchange of Thailand. The funds will be used for Bangchak’s future investments into its solar power projects as well for general corporate purposes.
Counsel V. Joseph Tisuthiwongse who led the team said, “We were delighted to assist BCP in their first international corporate financing.
The strong interest from the international banks in this financing reflects the continuing interest in the oil and gas and energy sector in Thailand.” Joseph was assisted by counsel Keerati Kanjanawenich and senior associate Tanai Porasupattana. In Singapore, counsel Paul Landless and senior associate Janice Goh supported and advised on sanctions regulations.