Founded in 2019 by Passawan Navanithikul and Panuwat Chalongkuamdee, Somboon Rittichai Panuwat Passawan (SRPP) is an independent law firm located in Bangkok.
The firm boasts well-established banking and finance practice and always in the leading-edge financing transactions in Thailand. The firm also perform consistently well in M&A practice, it is experienced in sectors including energy, petrochemical, transportation, telecommunications, financial institutions, insurances, real estates, industrial manufacturing and services, wholesale and retail trades, food and beverage, medial and publishing, and software and digital business.
Highlights
Recent examples of the firm’s banking work include advising a group of offshore syndicate lenders comprising of Mizuho Bank and Sumitomo Mitsui Banking on the financing and refinancing for Thai Beverage, one of the leading beverage companies in Thailand. This is one of the first loans in Thailand that utilizes both the Tokyo Term Risk Free Rate (TORF) and the Japan Tokyo Overnight Average Rate (TONA).
Another significant banking mandate saw the firm representing Bank of China (Hong Kong) in relation to the financing to Regional Container Lines for the purpose of refinancing the purchase price of two vessels. This transaction is a unique opportunity to finance the purchase of vessels in the Thai market, where such deals are uncommon.
Key clients
Thai Beverage, Mizuho Bank, Sumitomo Mitsui Banking, Government Savings Bank, Bhiraj Buri, Lightstorm Telecom Ventures, One Rock Capital Partners, AirAsia, GMM Grammy, Fujitsu (Thailand)