Sappawit Jansuparerg

Senior Associate

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Sappawit Jansuparerg is a senior associate in the capital markets practice group. His practice crosses a broad range of industries and disciplines, including representing issuers and investment banks in public offerings and private placements of equity and debt securities. Sappawit also advises public and private companies in a wide array of strategic transactions, including mergers, acquisitions, joint ventures and corporate restructurings as well corporate and commercial matters. In addition to his substantial experience in the telecommunications industry, Sappawit has also represented companies across a broad range of industries, including technology, private equity, venture capital, manufacturing, medical and transportation.

Recent Experience

Representation of Midea Group, a Global 500 Fortune company and one of the world's leading producers of home appliances, in its acquisition of all shares of Hitachi Compressor (Thailand) Ltd. (HCTL), a wholly-owned subsidiary of Hitachi Global Life Solutions, Inc. (HGLS) in Thailand and certain intellectual property from HGLS. The firm also assisted Midea Group to secure the long term supply contract with HGLS. (2020-2021)

Engaged by the Office of the Energy Regulatory Commission (ERC) to conduct legal research regarding amending the legislation related to the licensing schemes of the energy business and licensing conditions, engineering, safety, environmental and occupational health standards with a view to implementing a one-stop services licensing and monitoring scheme for the licensing process of an energy business in order to achieve the objectives and timeframes under the Thailand Power Development Plan (PDP), as well as to draft several subordinate regulations under the Energy Industry Act B.E. 2007 for ERC to implement the one stop services licensing scheme.

Advised Citigroup Global Markets Limited, The Hongkong and Shanghai Banking Corporation Limited, ING Bank N.V., Singapore Branch as dealers in relation to the issue of USD 400,000,000 4.90 per cent Perpetual Additional Tier 1 Capital Securities issued under the USD 3,000,000,000 Euro Medium Term Note Programme by TMB Bank Public Company Limited, Cayman Islands branch. The deal is the first-ever Basel III-compliant Additional Tier 1 notes from Thailand and the largest USD bond issuance from TMB Bank Public Company Limited to date. The notes are rated Ba3 by Moody’s. Closing date: 6 December 2019

Representation of Jasmine International Public Company Limited, one of Thailand’s largest integrated telecommunication service providers, on its sale of additional assets consisting of 700,000 core-kilometers of optical fiber cables to the Jasmine Broadband Internet Infrastructure Fund as well as the lease back of the optical fiber cables and its investment in the right offering units of the Jasmine Broadband Internet Infrastructure Fund. The deal value was more than THB 38,000 million. The deal closed on 20 November 2019.

Representation of Asset World Public Company Limited (AWC) in the corporate restructuring and offering of shares under Securities and Exchange Commission regulations, international offering under Regulation S of the US Securities Act and listing of its shares on the Stock Exchange of Thailand (IPO). With a total market capitalization value at IPO price of THB 185,742 million (USD 6.2 billion), this is the largest listed company in the history of the Stock Exchange of Thailand to date. Raised funds will be used to expand the company’s hotel and other commercial property projects. The first day of trading was 10 October 2019.

Representation of Total Access Communication Public Company Limited (“dtac”) in the landmark agreement to settle legal disputes with CAT Telecom Public Company Limited (“CAT”). Over the 27 year concession period, dtac and CAT had been engaged in numerous litigation cases, mostly over differences in interpretation of the concession agreement. The settlement will close all except two issues between dtac and CAT, and will also bar the parties from bringing new claims pertaining to the concession regime. According to this agreement, dtac will pay a total amount of THB 9.51 billion (approximately USD 298 million) to CAT.

Representation of Credit Guarantee and Investment Facility (CGIF), a trust fund of the Asian Development Bank, as guarantor on the issuance of the Partially Guaranteed Bonds of Siamgas and Petrochemicals Public Company Limited No. 2/2561 (2018), representing its support to a Thai corporate issuing bonds in Thai baht. The deal valued at THB 2 billion (approximately USD 63 million) closed on 7 December 2018.

Representation of Bangkok Bank Public Company Limited in the issuance of USD 300,000,000 Guaranteed Senior Perpetual Capital Securities guaranteed by Bangkok Bank Public Company Limited, acting through its Singapore branch, by Minor International Public Company Limited. The securities are rated Baa2 by Moody’s and BBB+ by Fitch Ratings. The securities represent the first private corporation from Thailand in the public USD markets since 2007 and the first ever bank-guaranteed public USD bond from a South-East Asian corporation.

Representation of Total Access Communication Public Company Limited (DTAC) and its subsidiaries, dtac TriNet Co., Ltd. (TriNet) and TeleAssets Company Limited (TeleAssets), leading mobile service providers in Thailand, in relationa to the lease of 2300 MHz network equipment by TeleAssets to TOT Public Company Limited (TOT), as well as the 2300 MHz network domestic roaming service by TriNet. This transaction gives DTAC the opportunity to increase revenue, enhance consumer confidence and services, as well as its competitiveness. The deal is a major breakthrough for Thailand’s digital infrastructure in order to materialize the Government of Thailand's vision of Thailand 4.0.

Representation of Credit Guarantee and Investment Facility (CGIF), a trust fund of the Asian Development Bank, on the issuance of the Partially Guaranteed Bonds of Siamgas and Petrochemicals Public Company Limited No. 1/2561 (2018), representing its first support to a Thai corporate issuing bonds in Thai baht. The deal valued at THB 2 billion (approximately USD 63 million) closed on 28 February 2018.

Education

LL.M. degree (International Economic and Business Law), Kyushu University, Japan, 2011

LL.B., degree (Honors), Chulalongkorn University, 2008

Citizenship

Thai

Languages

Thai, English