Sermsang Power Corporation’s Loan Financing

Baker McKenzie advised Thai EXIM Bank and BIDV on the deal.

The Export-Import Bank of Thailand and the Joint Stock Commercial Bank for Investment and Development of Vietnam granted a USD 35 million credit facilities to Truong Thanh Quang Ngai Power and High Technology Joint Stock Company.

TTQN is a Vietnamese project company and is the subsidiary of Sermsang Power Corporation Public Company Limited.

The Baker McKenzie team was led by Vit Vatanayothin (Picture), the renewable energy partner in the Bangkok office. He was supported by Senior Associates Tatcha Thumpramoth, Sitikorn Tangsiri and Prachaya Apibansri in the Bangkok office and a cross-office team of lawyers including Partner HoangKimOanh Nguyen, who leads the Firm’s Banking & Finance and Capital Markets practice in Vietnam; Special Counsel Linh Chi Dang; Senior Associate Thai Ninh (Daniel) Ngo; and Associate Viet Trung Nguyen in Vietnam.

Involved fees earner: Prachaya Apibansri – Baker McKenzie; Linh Chi Dang – Baker McKenzie; Thai Ninh Ngo – Baker McKenzie; HoangKimOanh Nguyen – Baker McKenzie; Viet Trung Nguyen – Baker McKenzie; Sitikorn Tangsiri – Baker McKenzie; Tatcha Thumpramoth – Baker McKenzie; Vit Vatanayothin – Baker McKenzie;

Law Firms: Baker McKenzie;

Clients: Commercial Bank for Investment and Development of Vietnam; Export-Import Bank of Thailand;