Hong Kong, June 5 – LAWFUEL – Press Release Service – Shearman & S…

Hong Kong, June 5 – LAWFUEL – Press Release Service – Shearman & Sterling LLP represented Merrill Lynch and Morgan Stanley in the Rule 144A/Regulation S US$650 million initial public offering of Rayong Refinery Public Company Limited (RRC), one of Thailand’s leading oil refiners and a wholly-owned unit of government-controlled oil and gas company PPT.

This is one of the largest IPOs ever out of Thailand. The offering comprises approximately 1.4 billion shares to be listed on The Stock Exchange of Thailand including 699.5 million shares in the domestic public offering and 698 million shares in the international offering.

The Shearman & Sterling team comprised Hong Kong capital markets partner Matthew Bersani, Singapore counsel Gail Ong, associates Su-Ann Cheah and Philip Yook and legal assistant Derek Perriam of the firm’s Singapore office. The firm’s Menlo Park office advised on tax matters in relation to this transaction.

For additional information contact:
Karen Chan | Marketing | Hong Kong | +852 2978 8017 | [email protected]

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Notes to Editor
Shearman & Sterling LLP has more than 1,000 lawyers in 19 cities throughout the world: Abu Dhabi, Beijing, Brussels, Düsseldorf, Frankfurt, Hong Kong, London, Mannheim, Menlo Park, Munich, New York, Paris, Rome, San Francisco, São Paulo, Singapore, Tokyo, Toronto, and Washington, D.C. The firm is a leader in mergers and acquisitions, capital markets, project development and finance, complex business litigation and international arbitration, asset management and tax.


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