The team at Baker McKenzie LLP is experienced in assisting its portfolio of clients, which consists of a broad range of local and international banks and public companies, amongst others, on the gamut of complex cases. Its workload features advising both borrowers and lenders on complex sustainable financing matters, and handling acquisition, asset, trade and project financing matters in domestic and cross-jurisdictional contexts. At the team’s helm are experienced practitioner Thinawat Bukhamana; structured finance, derivatives and fintech expert Komkrit Kietduriyakul; energy and infrastructure specialist Sawanee Sethsathira; and Viroj Piyawattanametha, whose expertise ranges from debt capital markets cases to advising on the financing aspects of M&A transactions. Chaveewan Likhitwattanachai is equipped to advise on complex transactions, while Benja Supannakul and Kullarat Phongsathaporn are financial services specialists. Digital assets and project financing form a significant portion of Kanokpan Poovaratanakul's practice and Somika Phagapasvivat is also a name to note. Wittaya Luengsukcharoen retired in July 2024.
Banking and finance in Thailand
Baker McKenzie LLP
Responsables de la pratique:
Thinawat Bukhamana; Komkrit Kietduriyakul; Sawanee Sethsathira; Viroj Piyawattanametha
Autres avocats clés:
Tatcha Thumpramoth; Roypim Ransigutta; Chaveewan Likhitwattanachai; Somika Phagapasvivat; Kanokpan Poovaratanakul; Benja Supannakul; Kullarat Phongsathaporn
Les références
‘It’s not just the technical excellence – though that’s a given. It’s the mindset. They approach every mandate not with a playbook, but with curiosity and clarity. What’s really at stake here? What does the client actually need? That kind of intentional thinking runs deep through the practice, and it’s what makes the work feel genuinely tailored, not templated.’
‘Clients notice the team’s ability to combine sharp legal instincts with a knack for understanding commercial pressure points. The advice doesn’t just sound good in theory, it holds up in the boardroom and on the ground. This isn’t a firm that throws memos over the wall; it’s one that sits beside the client, translates complexity, and navigates nuance.’
‘Compared to others, this isn’t just a team that meets the standard, but questions it. The partners lead by example, challenging assumptions, pushing for better outcomes, and refusing to settle for business as usual. For clients who value substance over show, strategy over jargon, and genuine partnership over transactional service, this is the right legal team.’
Principaux clients
The Siam Commercial Bank Public Company Limited
KASIKORNBANK Public Company Limited
Krung Thai Bank Public Company Limited
Bangkok Bank Public Company Limited
Bank of Ayudhya Public Company Limited
Kiatnakin Bank
TMBThanachart Bank Public Company Limited
EXIM Thai
OCBC
UOB Thai
Muang Thai Life and its subsidiaries
CP Group
True Corporation
Siam Cement Group
Boon Rawd Brewery
Morgan Stanley
Goldman Sachs
DBS Bank
Bank of Julius Baer
Blackrock
LGT Bank
Maybank
Ananda Development
MQDC
PTT Group
RATCH Group
Thai Oil
IRPC
Principaux dossiers
- Represented the client as borrower’s legal counsel in a THB 50bn long-term green loan provided by five of Thailand’s major financial institutions.
- Represented the client in relation to a $820m loan for the purpose of financing the construction of a portfolio of 12 renewable energy projects in Thailand comprising eight ground-mounted solar PV plants with contracted capacity of 393 MW and four ground-mounted solar PV plants with battery energy storage with contracted capacity of 256 MW and 396 MW-hours of energy storage.
- Represented the lenders in a financing to Italian-Thai Development Public Company Limited (ITD).
Chandler Mori Hamada Limited
The team at Chandler Mori Hamada Limited is well versed in handling the breadth of complex banking and finance matters across sectors from aviation to real estate. Its workload includes advising on large-scale projects, and corporate and acquisition financing aspects of complex and often cross-border transactions. The group is overseen by V. Joseph Tisuthiwongse, who has experience in the renewables sector in particular, and Jessada Sawatdipong, who has expertise handling large-scale domestic and cross-border energy, infrastructure and real estate project financings. Tip-apa Limvichai and banking and project financing specialist Varisa Soonyakanit are both noted as ‘well-experienced’ members of the team by clients.
Responsables de la pratique:
V. Joseph Tisuthiwongse; Jessada Sawatdipong
Autres avocats clés:
Tip-apa Limvichai; Varisa Soonyakanit; Supattra Sathapornnanon; Sarunporn Chaianant
Les références
‘Good relationship and friendly people with high collaborative capabilities.’
‘Experienced and knowledgeable team in matters relating to the energy sector, including M&A due diligence, borrower’s counsel for debt financing and contract negotiations etc.’
‘Tip-apa Limvichai is well-experienced in acting as borrower’s counsel for debt financing, as is Varisa Soonyakanit.’
Principaux clients
Asian Development Bank
British International Investment (BII)
Bank of China
CH Karnchang Plc Lao
Dentons Middle East LLP
Dentons UK
Export-Import Bank of Thailand
FMO
Hankyu Hanshin Properties Corp
Gulf Energy Development Public Company Limited
HSBC
Intri-Plex (Thailand)
Japan International Cooperation Agency
Levanta Renewables (Thailand) Co., Ltd.
Mizuho Bank, Limited
Muangthai Capital Public Company Limited
N.C.C. Management and Development Co., Ltd.
OCP Asia
Sumitomo Mitsui Banking Corporation
United Overseas Bank (Thai) Public Company Limited
Principaux dossiers
- Assisted in securing bridge loan financing for the acquisition of a 90% controlling shareholding in a 139.4 MWp operating solar project portfolio in Thailand from Super Energy Corporation Public Co.
- Advised a group of syndicated lenders in providing financing to CH Karnchang (Lao) Company Limited, the borrower, which was the main contractor under the EPC Contract entered into with Luang Prabang Power Company Limited for the construction of the 1460 MW Luang Prabang hydroelectric power project.
- Advised on the corporate financing of Fosroc Group.
Linklaters
The team at Linklaters is well equipped to assist its portfolio of clients, which includes renowned international banks and public companies, on the gamut of complex matters in both domestic and cross-jurisdictional contexts. Pichitpon Eammongkolchai, who heads up the practice, specialises in cross-border work and frequently assists with onshore and offshore financings, the financing of significant green projects, and the banking aspects of high-value M&A transactions. Wanwisar Nakarat has expertise handling cases across the Southeast Asia region in particular, and advising on large-scale banking transactions therein. Wilailuk Okanurak and Soammaras Ratanavanich are also noteworthy for project, acquisition and real estate financing capabilities, amongst others.
Responsables de la pratique:
Pichitpon Eammongkolchai
Autres avocats clés:
Wanwisar Nakarat; Charuchat Fongmanee; Wilailuk Okanurak; Soammaras Ratanavanich; Piyada Kittisuwan; Pranisa Chinkulkitniwat
Les références
‘The team’s strengths are knowledge and collaboration.’
‘The quality of the work is very high.’
‘Wanwisar Nakarat and Charuchat Fongmanee are very stand-out.’
Principaux clients
True Corporation Public Company Limited
Krung Thai Bank Public Company Limited
Gulf Energy Development Public Company Limited
Intouch Holdings Public Company Limited
Bangkok Bank Public Company Limited
Oversea-Chinese Banking Corporation Limited (OCBC)
The Siam Commercial Bank Public Company Limited
Kasikornbank Public Company Limited
Deutsche Bank AG
Coöperatieve Rabobank U.A. (Hong Kong Branch)
Standard Charted Bank
JP Morgan Chase Bank
Sumitomo Mitsui Banking Corporation
Nickel Industries Limited
The Hongkong and Shanghai Banking Corporation Limited (HSBC)
BNP Paribas
Credit Suisse AG
Citibank N. A
A&O Shearman
The team at A&O Shearman is well placed to assist with various banking and finance matters, including those relating to significant corporate transactions. Its client base features leading financial institutions, funds, multilateral agencies, development finance institutions and export credit agencies. Sarah Wilson helms the group and has a project finance specialism, with particular expertise handling matters in the power and infrastructure industry sectors therein. Anchalee Limviriyalers is another key name who harnesses an ‘unwavering dedication to protecting the interests of her clients’.
Responsables de la pratique:
Sarah Wilson
Autres avocats clés:
Anchalee Limviriyalers; Nonaya Patarakitnirun; Peerajit Chanmolee; Natthicha Wiriyatornphan; Ploypachara Komonprasertgul
Les références
‘The team have always been very responsive and timely in meeting requested deadlines.’
‘Peerajit Chanmolee, Natthicha Wiriyatornphan and Ploypachara Komonprasertgul have been knowledgeable and responsive.’
‘High quality commercial advice delivered to international standards, adapted appropriately to the local context.’
Principaux clients
Asian Development Bank
The Hongkong and Shanghai Banking Corporation Limited’s Singapore Branch
China Datang Overseas Investment Co., Ltd.
Gulf Development Public Company Limited
Gulf Hydropower Holdings Pte. Ltd. Standard Chartered Bank (Singapore) Limited
RE Energy Co., Ltd.
Central Pattana Public Company Limited
International Finance Corporation
Japan International Cooperation Agency
Norfund
The Export-Import Bank of Thailand
Mizuho Bank Ltd., Bangkok Branch
Taishin International Bank Co., Ltd.’s Singapore Branch
Deutsche Investitions- und Entwicklungsgesellschaft
Nam Theun 1 Power Co., Ltd.
Phonesack Group Limited
Electricity Generating Public Company Limited
EDL Generation Public Company Nam Ngiep 1 Power Co., Ltd.
Kansai Electric Power Co., Inc.
EGAT International Co., Ltd.
Lao Holding State Enterprise
DLA Piper
The team at DLA Piper is experienced in advising its clientele, the list of which spans sectors from hospitality and telecoms to real estate and energy and includes lenders, sponsors, borrowers, investors, bondholders and creditors, on the variety of banking and finance matters. Waranon Vanichprapa's workload includes assisting clients with the array of large-scale financing transactions, debt restructuring deals and high-value financial investments. Pattadon Tejapaibul is experienced in advising sector-spanning corporate clients on project and acquisition financing, as well as on cross-border and corporate group lending matters.
Responsables de la pratique:
Waranon Vanichprapa
Autres avocats clés:
Pattadon Tejapaibul; Dhanipa Hongspanij
Principaux clients
CIMB Bank (Thai) Public Company Limited
Asian Development Bank
Credit Guarantee and Investment Facility
Kasikornbank Public Company Limited
Tisco Bank Plc
Bangkok Bank Plc
SMBC, Bangkok Branch
Citibank N.A.
Raimon Land Plc
Bank of Ayudhya Plc
Principaux dossiers
- Advised Asian Development Bank on a $150m loan to Ngern Tid Lor Plc to on-lend to women in SMEs in rural areas outside of Bangkok.
- Assisted Credit Guarantee and Investment Facility with reviewing the guarantee agreement, bond documentation and security documents in respect of bonds of up to $40m to be issued by Precious Shipping Public Company Limited.
- Advised Bangkok Bank Plc on multiple cross-border transactions, including a THB 4.9bn and RMB 100m construction facility agreement provided with Bank of China, and two further, separate transactions in relation to construction financing in Cambodia.
Norton Rose Fulbright
The practice at Norton Rose Fulbright has capabilities in advising its clients on matters ranging from the financing of significant development projects, to the establishment of loan agreements and working capital facilities. Tassanai Kiratisountorn heads up the practice and is experienced in advising both borrowers and lenders on the banking and financing aspects of the range of large-scale transactions. Also recommended in the team is Chormas Premsirinirund, who has particular expertise in advising lenders. The team in Bangkok collaborates closely with the firm’s Singapore office.
Responsables de la pratique:
Tassanai Kiratisountorn
Autres avocats clés:
Chormas Premsirinirund
Les références
‘Strong experience and credentials acting as lenders’ counsel for debt financing transactions in the energy sector.’
‘Tassanai Kiratisountorn is legally very knowledgeable while maintaining a constructive approach towards problem-solving.’
‘From start to finish, Norton Rose handled our transaction with professionalism, efficiency, and care.’
Principaux clients
The Siam Commercial Bank Public Company Limited
Frasers Property Holdings (Thailand) Co., Ltd.
KASIKORNBANK Public Company Limited
The Hongkong and Shanghai Banking Corporation Limited, Bangkok Branch
Bangkok Bank Public Company
Bank of China (Thai) Public Company Limited
Bank of China (Hong Kong) Limited
United Overseas Bank Limited
United Overseas Bank (Thai) Public Company Limited
TMBThanachart Bank Public Company
SCB X Public Company Limited
IFC
Principaux dossiers
- Advising Bangkok Bank Public Company Limited and Kiatnakin Phatra Bank Public Company Limited on the financing of the development of the 9.5 MW municipal solid waste-to-energy project in Chiangmai Province by Chiangmai Waste to Energy Company Limited as sponsored by Gulf Energy Development Public Company Limited.
- Advised five of Thailand’s leading financial institutions on a THB 50bn long-term green loan agreement for One Bangkok Co.
SRPP Ltd.
SRPP Ltd. is well equipped to advise an array of clients on various complex financing transactions across sectors from shipping and real estate, to energy and telecoms. The practice is helmed by Passawan Navanithikul, who is experienced in assisting with such matters as the structuring of asset-based lending solutions, acquisition financings and cross-border financing deals. Sireedhorn Kittiphumwong, who has expertise in restructuring and financing, and experience handling cross-border work, is also key to the group. Viparvee Chaemchaeng is another recommended practitioner.
Responsables de la pratique:
Passawan Navanithikul
Autres avocats clés:
Sireedhorn Kittiphumwong; Viparvee Chaemchaeng
Les références
‘Experienced, responsive and reliable.’
‘Passawan Navanithikul knows the industry and understands the bank’s practice and expectation well.’
‘Passawan Navanithikul knows our company and has for more than ten years. She know our culture, obligations and helps with whatever we need.’
Principaux clients
United Overseas Bank Limited, Singapore
Bank of China (Hong Kong) Limited
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
DBS Bank Ltd.
CIMB Bank Berhad, Labuan Offshore Branch
CIMB Thai Bank Public Company Limited
Government Savings Bank
Kingsgate Consolidated Limited
SinoPac Capital International (HK) Limited
The IYO Bank, Ltd, Singapore Branch
Axis Bank Limited, IBU Gift Branch
Principaux dossiers
- Advising Government Savings Bank on two facility agreements in relation to a BHT 910,000,000 and a BHT 690,000,000 loan granted to PS Well 1 Co.
- Advising the client on facility agreement and security documents in relation to the BHT 325,000,000 facility to be granted to Antnest Holdings (Thailand) Limited for the purpose of expanding the S-Spine and Nerve Hospital.
Tilleke & Gibbins
Tilleke & Gibbins' team is experienced in assisting with the variety of commercial transactions. Santhapat Periera's areas of specialism include asset finance, particularly in the aviation sector; project finance, particularly relating to energy and infrastructure; and facilitating the expansion of Thai banks into other jurisdictions. Niti Muangkote has expertise in the infrastructure, real estate and energy sectors, and advises borrowers and lenders therein on such matters as loan offerings, credit facilities and acquisitions. Periera and Muangkote jointly lead the practice, which also benefits from the presence of Issarapat Panomvana Na Ayudhya.
Responsables de la pratique:
Santhapat Periera; Niti Muangkote
Autres avocats clés:
Issarapat Panomvana Na Ayudhya
Les références
‘The partners and associates compose a seamless team that always provides versatile, thorough, detailed and high-quality legal services.’
‘During our collaboration with Santhapat Periera’s team, he left an extraordinary impression on us.’
‘The team can always proactively follow up on critical deadlines, consistently identify hidden risks and have commercial sense.’
Principaux clients
Brown Brothers Harriman
China Development Bank
CIMB Thai Bank Public Company Limited
Hongkong and Shanghai Banking Corporation (HSBC)
Goldman Sachs
KBZ Group
National Australia Bank Limited
Rojana Power Co., Ltd.
Sumitomo Mitsui Banking Corporation
TMBThanachart Bank PCL
Principaux dossiers
- Acted as Thai law counsel for HSBC in granting a $50m committed revolving credit facility to Ninja Van Group.
- Acting as Thai legal counsel to a major Chinese state-owned development finance institution.
- Acted as Thai legal counsel to a major French financial institution in connection with a loan facility extended to affiliates of a leading Thai energy and infrastructure company for the purchase of LNG and/or other products.
Hunton Andrews Kurth LLP
Hunton Andrews Kurth LLP is experienced in assisting clients, including project developers, DFIs, commercial banks and institutional lenders, amongst others, with a wide range of banking and finance issues. Its workload features a range of high-value transactions, which team head Stephen Bennett is particularly experienced in. Tanagorn Thimasarn's areas of expertise include corporate finance, regulatory compliance, and private M&A matters, amongst others. Thanyaporn Achariyawong is also key to the practice.
Responsables de la pratique:
Stephen Bennett
Autres avocats clés:
Tanagorn Thimasarn; Thanyaporn Achariyawong
Principaux clients
APICO LLC
ARES LLP
ARES International
Banpu Group
Blackstone
Chubu Electric Power
Electricity Generating Public Company Limited (EGCO)
Evonik Industries
Global Power Synergy
International Finance Corporation
JERA
JPMorgan Securities (Thailand) Limited
JPMorgan Chase Bank
Kasikornbank
KKR & Co.
PTT International Trading USA Inc.
Space Tech Innovation
Tencent
Tencent Music Entertainment
Travelex International
UBS
Universal Music
ZF Chassis Modules GmbH
Principaux dossiers
- Advising a company listed on the London Stock Exchange on its refinancing and potential debt to equity conversion by its UK bondholders.
- Advising a major rooftop solar power project developer and Independent Power Producer in Asia Pacific on its refinancing with KASIKORNBANK.
- Advising a client on the release and discharge of Thai law-governed security documents under a senior multicurrency term and revolving facilities agreement.
Rajah & Tann (Thailand) Limited
At Rajah & Tann (Thailand) Limited, the workload includes advising on matters from loan financings to domestic banks’ expansions into foreign markets. Experienced practitioner Surasak Vajasit leads the team and handles work regarding securities transactions, loan facilities and restructuring issues. A particular area of specialism for Piroon Saengpakdee is large-scale project developments, while corporate, commercial and consumer finance matters are areas of expertise for Saroj Jongsaritwang.
Responsables de la pratique:
Surasak Vajasit; Piroon Saengpakdee; Saroj Jongsaritwang
Autres avocats clés:
Jantapa Erjongmanee; Kamonnete Yongwattananunth
Siam Premier International Law Office Limited
Siam Premier International Law Office Limited has a varied workload, which includes advising its clientele on various domestic and cross-border transactions, spanning sectors from real estate to aviation. Torsakul Cunvong's workload includes advising on transactional, regulatory and agreement drafting and negotiation matters; Maythawee Sarathai has particular expertise in foreign investment; and commercial transactions are the specialism of Ajjima Kanokmaneechotikul. The three co-helm the offering alongside Siripun Kriangwattanapong.
Responsables de la pratique:
Torsakul Cunvong; Maythawee Sarathai; Siripun Kriangwattanapong; Ajjima Kanokmaneechotikul
Principaux dossiers
- Advised a Japanese-headquartered bank and other participating banks as local counsel in connection with the preparation of collateral agreements under Thai jurisdiction.
- Advised an EU-headquartered bank and other participating banks as lenders in connection with a borrower’s restructuring financing.
- Advised a US private equity fund as local counsel on agreements in connection with loans to be obtained from senior lenders and mezzanine lenders.
Kudun & Partners
Kudun & Partners is well placed to advise on the banking and finance aspects of such matters as M&A transactions, disposals, and project developments. Troy Schooneman's client roster features public and private companies, government agencies and private equity funds, amongst others. Peerasanti Somritutai's workload includes assisting with energy and infrastructure, real estate and acquisition projects. The pair co-lead the practice.
Responsables de la pratique:
Troy Schooneman; Peerasanti Somritutai
Principaux clients
Damri Residence Co., Ltd.
Ignite Venture Co., Ltd.
CAS Capital (Thailand) Co., Ltd.
Jade TM Two Co., Ltd.
Principaux dossiers
- Advised Damri Residence on a THB 1bn multi-tranche secured loan from The Brooker Group PCL.
- Advised Ignite Venture on its THB 2bn acquisition of all operating rights and assets of the Montien Hotel Surawong Bangkok and 56 Surawong Hotel and Residences.
- Advised Jade TM Two on the establishment of the JADE ACQUIRE PRIVATE EQUITY TRUST, a THB 2bn close-ended, takeover-focused private equity trust under Thai law.
Weerawong, Chinnavat & Partners
The group at Weerawong, Chinnavat & Partners is headed up by Sunyaluck Chaikajornwat, who is experienced in assisting banks, corporates and financial institutions on matters from green financing to debt restructuring. The team’s workload includes advising on the financing and refinancing of significant and high-value projects, as well as on syndicated loans and loan facility agreements for public companies and banks, amongst others. Borrower-side specialist Disaphon Kevin Saengpetch is another key name.
Responsables de la pratique:
Sunyaluck Chaikajornwat
Autres avocats clés:
Disaphon Kevin Saengpetch
Les références
‘The team understands the requirements of both banks and clients, and works to identify solutions that address the concerns of all parties.’
‘The firm is proactive in anticipating potential risks and providing strategic guidance to help clients manage them effectively.’
Principaux clients
Italian-Thai Development Public Company Limited
Energy Absolute Public Company Limited
Bank of China (Hong Kong) Limited
Bank of China (Thai) Public Company Limited
Principaux dossiers
- Advised Italian-Thai Development Public Company Limited on securing a THB 7.6bn syndicated loan from Bangkok Bank, KASIKORNBANK, The Siam Commercial Bank, and Krung Thai Bank.
- Advised Energy Absolute Public Company Limited on securing THB 7.5bn in financing from twelve financial institutions for the refinancing and liquidity enhancement of its wind power subsidiaries.
- Advised Bank of China (Hong Kong) Limited on a multicurrency Committed Term Loan Facility Agreement and Uncommitted Revolving Credit Facility Agreement with Asset World Corp Public Company Limited.