11 July, 2018
Baker McKenzie assisted PTT Global Chemical Public Company Limited (PTTGC) on their first ever liability management exercise. The transaction involved a cash tender offer of the existing notes of PTTGC and an issuance of like-kind notes by GC Treasury Center Company Limited.
The new notes with a total value of US$495,894,000 are also guaranteed by PTTGC.
The Baker McKenzie Bangkok team was led by partners Viroj Piyawattanametha, Nopporn Charoenkitraj and Kowit Adireksombat with full support of the Bangkok's debt capital market team comprising Natcha Sihanatkathakul, Sawaporn Sophanodora and Pongnut Mengkred and banking and finance team senior associate Niti Muangkote.
