As a fairly recent spin-off from White & Case's Bangkok practice, Weerawong Chinnavat & Peangpanor has managed to establish itself as an independent through competitive pricing. With the partners also bringing their experience of working under an international brand, the firm will be hopeful of building on its good network of local clients....
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As a fairly recent spin-off from White & Case's Bangkok practice, Weerawong Chinnavat & Peangpanor has managed to establish itself as an independent through competitive pricing. With the partners also bringing their experience of working under an international brand, the firm will be hopeful of building on its good network of local clients. "Weerawong Chinnavat & Peangpanor is a local firm with very good connections in the local markets," comments one client.
Last year, WCT acted as local law advisor to G Steel Public Company on ArcelorMittal's proposed 40% acquisition of the company. The $250 million deal involved developing a proposed agreement between G Steel's founders, the Leeswadtrakul family, and ArcelorMittal.
In a deal that closed in July 2010, Weerawong also advised Credit Suisse and RBS on Thai law in connection with their role as initial purchasers on a $500 million Rule 144A/Reg S bond issue by PTTEP Australia International Finance.
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Weerawong Chinnavat & Peangpanor has good relationships with leading banks and Thai businesses, in addition to substantial international capability as a result of the partners' former association with international firm white and case. One satisfied client notes that "their services are very good....
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Weerawong Chinnavat & Peangpanor has good relationships with leading banks and Thai businesses, in addition to substantial international capability as a result of the partners' former association with international firm white and case. One satisfied client notes that "their services are very good."
In a deal that closed in July 2010, the firm represented a syndicate of lenders led by Bangkok Bank, Kasikornbank, TMB Bank and TISCO Bank in relation to a Bt13.5 billion ($400 million) credit facility for True Visions Group (True Visions) so that it can refinance the debt of its Pay TV group. True Visions is part of True Corporation, which is among the biggest mobile phone and fixed line internet providers in Thailand.
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