We advise both underwriters and issuers on a broad range of securities-related matters, including IPOs, bond issuances, structured finance, securitisation and derivatives. We represent both underwriters and issuers.

We are recognised by leading legal directories for our experience in this field. The Asia Pacific Legal 500 2011ranks us as a leading firm for Capital Markets in Thailand.

In 2004, the firm acted for 15 Thai shareholders in Thaioil in connection with the initial public offering of Thaioil in SET.

In 1997-98 the firm acted for foreign underwriters in connection with the US$452,500,000 144A note offering of Nakornthai Strip Mill, for PTTEP on a 144A share offering, and other 144A bond offerings. C&T acted for Vinythai in the issue of Baht secured debentures in 2001, Lotus Tower in the issue of Baht secured debentures in 2000, and National Petrochemical in its issue of Baht Notes in 1998. C&T acted for PTTEP International Ltd., in connection with its issue of Notes in 1996, and for PTTEP for its Samurai Bonds in 1997.

In 1997, C&T acted for foreign underwriters in connection with listing of shares of Asia Pacific Wire & Cable on the NY stock exchange; and for issuers in the US$185,000,000 Rule 144A note offering of Jasmine Submarine Telecommunication, and the US$111,350,000 Rule 144A note offering of Advance Agro.

C&T acted for PTT Exploration & Production, National Petrochemical, Advance Agro, Vinythai, The Aromatics (Thailand) and Ticon Industrial Connection in their IPO’s and in listing shares on the SET. We also advise other listed companies on the issue of new securities, conversion to pcl’s, and SET listing, disclosure and tender offer requirements.

In 1990, the firm acted for foreign and local underwriters in connection with the public offer of shares by TPI Polene, and in 1994 their public offer of bonds. In 1993 C&T acted for local underwriters in connection with the public offer of shares by Telecom Asia, and in 1994 for foreign underwriters in connection with the public offer of shares by Thai Telephone & Telecommunications, Italian-Thai Development Corporation, Thai Petrochemical Industry and TPI-Polene.

In 1995, C&T acted for foreign underwriters in connection with the offer of Euro Convertible bonds by Sahaviriya Steel Industries. In 1996, C&T acted for underwriters in connection with the offer of Fixed Rate Notes by Thai Fuji Finance and Securities, the offer of Floating Rate Notes by Phatra Thanakit and the offer of Floating Rate Notes by Rocket Electric (Thailand).

The firm represented TISCO Leasing and Tru-Way in the first securitization of car leasing and car hire purchase portfolios in Thailand.

In 1991, the Thai government undertook a major law reform program including enactment of the Securities and Exchange Act and a new Public Limited Companies Act. C&T was co-publisher of the SEC’s English language translation of the legislation. The firm has assisted the Stock Exchange of Thailand (“SET”) in preparing English translations of numerous regulations and notifications governing listing of shares.

Contact person:  Ratana Poonsombudlert