Weerawong, Chinnavat & Peangpanor acted as Thai counsel for Bangkok Dusit Medical Services Public Company Limited, Thailand’s largest medical services network and a leading healthcare provider, on the offering and issuance of THB 10 billion USD-settled convertible bonds. This transaction is the first Thai Baht-denominated zero-coupon convertible bond issued by a Thai issuer. The deal size is THB 10 billion, approximately USD 311 million. The offering was made under Regulation S to investors outside Thailand and the United States. The bonds are listed on the Singapore Exchange Securities Trading Limited. The transaction closed on 18 September 2014. Bank of America Merrill Lynch, Credit Suisse, Phatra Securities and The Siam Commercial Bank acted as joint bookrunners and joint lead managers for this transaction.

Partners Peangpanor Boonklum and Veeranuch Thammavaranucupt led the transaction.