SRPP

Thailand

IFLR1000 Reviews

Financial and corporate

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 is always in the leading-edge financing transactions in Thailand. The firm also performs consistently well in M&A practice, it is experienced in sectors including energy, petrochemical, transportation, telecommunications, financial institutions, insurance, real estate, industrial manufacturing and services, wholesale and retail trades, food and beverage, media and publishing, and software and digital business.  

Highlights  

The firm's banking practice recently handled several high-value, complex financing matters. The team advised theGovernment Savings Bankon two facility agreements for a loan toPS Well 1, a subsidiary ofPruksa Holding. This transaction required sophisticated structuring using promissory notes, necessitating precise drafting to guarantee enforceability.  

In another significant mandate, the firm represented United Overseas Bank (Singapore) in amending a SGD 1.24 billion (US$1.26 billion) facility agreement for TCC Assets. A central challenge involved amending the terms while preserving the integrity of the Thai law share pledge over shares of Thai Beverage that secured the facility.  

Key clients  

Thai Beverage, Ananda Development, Bank of China (Hong Kong), Government Savings Bank, Kiatnakin Phatra Bank  

Testimonials  

M&A 

“A legal professional service is not the only remarkable pathway that SRPP always delivers, business and commercial tasks are introduced and guided by this firm also.”  

“The firm provide proper advice including commercial solutions for consideration.”  

Panuwat Chalongkuamdee 

“Clear explanation, understands the client business, always provides good suggestions and proposes alternative solution.”  

“He always provides good advice which covers all legal, commercial, and strategy terms that make our deal achieveable, and efficiently.”