PJS Law is described as "an aggressive young firm capable of addressing the new concerns of the market". The firm has shown impressive growth especially in the energy sector and this year debuts in the banking and capital markets table and moves up a tier in the M&A table....
[more]
PJS Law is described as "an aggressive young firm capable of addressing the new concerns of the market". The firm has shown impressive growth especially in the energy sector and this year debuts in the banking and capital markets table and moves up a tier in the M&A table. "Their work matches the top five in the country," a client comments.
The firm advised First Metro Investment on the issuance of P40 billion ($829.6 million) of securities and bonds for the capitalisation of the Bangko Sentral ng Pilipinas (Central Bank). Aboitiz Power also called on the firm for the issuance of bonds and retail notes, worth P3 billion and P3.9 billion respectively.
Aboitiz Power and its renewable arm Aboitiz Power Renewables (APRI) called on the firm to advise it on the purchase of the Tiwi-Makban geothermal complex from the National Power Corporation for $446.8 million. The firm is also advising GE Energy Financial Services on a $90 million loan investment and acquisition of shares in a project company which owns and builds a coal fired power facilities in the Philippines.
Clients also note Monalisa Dimalanta's skills in the energy sector, with one highliught seeing Dimalanta lead a team acting for Aboitiz Power, Aboitiz subsidiary Therma Power and the Taiwan Cogeneration Corporation on the $548 million first-phase development of a coal-fired power generation plant in the Subic Bay Freeport Zone.
Department head David Emmanuel Puyat also led the team representing the International Finance Corporation as advisor to the Department of Energy on the development of the private sector's participation in the Philippine government's missionary and rural electrification program.
The firm had a busy year with restructuring work, advising First Sovereign Asset Management on a restructuring of non-performance assets estimated at P2.2 billion acquired from Manilabank. Deutsche Bank also consulted the firm on the rehabilitation proceedings of Philippine companies, including a foreclosure on relevant securities. The firm is also working on a loan restructuring acquired from local banks.
[hide]