"Puno & Puno is very well known for its capability in finance, especially project work and energy matters," says a competitor. The firm remains a go-to firm for clients in project finance, and is expected by peers to attain greater visibility and market exposure in future....
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"Puno & Puno is very well known for its capability in finance, especially project work and energy matters," says a competitor. The firm remains a go-to firm for clients in project finance, and is expected by peers to attain greater visibility and market exposure in future.
Star partner Roderico Puno is highly regarded by clients: "Of all energy-related transactions in the country, Roderico Puno of Puno & Puno is most noted for his expertise and hands-on approach in dealing with clients," says a commentator.
The firm advised First Gen Corporation on several transactions this year. One was a term loan facility valued at over $142 million and completed in September 2010, and the other involved a notes facility of over $100 million completed in December 2010.
A notable corporate matter for the firm last year was its representation of Aboitiz Renewables and Luzon Hydro Corporation (LHC) in the divestment of Pacific Hydro Bakun's interests in the client LHC. The divestment process was specifically structured to manage and minimise tax exposure of all the parties involved. This transaction was completed in May 2011 and valued at $30 million.
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