Baker McKenzie Wong & Leow, the Singapore member firm of Baker McKenzie and Baker McKenzie’s Thailand office have advised the mandated lead arrangers and original lenders on a landmark up to USD 2.3 billion acquisition financing for Arise Digital Technology Company Limited.
The transaction enables the acquisition of a 24.95% stake in True Corporation Public Company Limited, one of Thailand’s largest listed telecom companies.
The Baker McKenzie team was led by Emmanuel Hadjidakis (Principal, Singapore) and Andrea Ng (Local Principal, Singapore), and supported by Peyton Seah (Senior Associate, Singapore), Vinny Yap (Associate, Singapore), Adi Mikail Tan (Associate, Singapore), Kullapa Stavorn (Partner, Bangkok) and Wiranpat Suttinalinpong (Associate, Bangkok).
This transaction further strengthens Baker McKenzie’s expanding portfolio of prominent financing mandates across the region, including the USD 1 billion sustainability-linked syndicated term loan facility for Aster Chemicals & Energy Pte. Ltd., the USD 4.2 billion loan for Gulf Energy Development Public Company Limited and Intouch Holdings Public Company Limited, and a syndicate of eight foreign lenders as well as the USD 4.5 billion SLL facility for Syngenta Group (HK) Holdings Co. Ltd.