SyCipLaw Work Recognized by Asia Business Law Journal
The Asia Business Law Journal (ABLJ) recognized two of SyCipLaw's transactions in its inaugural Deals of the Year Awards. SMC’s coal-fired plant financing is one of seven featured Banking & Finance Deals of the Year, while AP Renewables’ climate bond is one of six featured Infrastructure Deals of the Year.
SMC’s coal-fired plant financing refers to the US$400 million project financing of a new 300MW coal-fired power plant in Limay, Bataan of SMC Consolidated Power Corp. Read more information about this transaction.
SyCipLaw acted as local counsel to the structuring banks in this transaction: DBS Bank Ltd., Mizuho Bank, Ltd. and Standard Chartered Bank. The SyCipLaw team was composed of partners Simeon Ken R. Ferrer, Hector M. de Leon, Jr., and Angel M. Salita, Jr.; senior associates John Paul V. de Leon and Bhong Paulo A. Macasaet; and associates Maria Luisa D. Manalaysay-Sabornay and Levi Anthony B. Malaylay.
AP Renewables’ climate bond involves the issuance of a landmark climate bond worth Php10.7 billion for the Tiwi-MakBan geothermal facilities. Read more information about this transaction. Read more information about this transaction.
SyCipLaw acted as borrower’s counsel to AP Renewables, Inc. The SyCipLaw team was composed of partners Marievic G. Ramos-Añonuevo and Melyjane G. Bertillo-Ancheta; senior associates Jan Celine C. Abaño-Ranada and Bhong Paulo A. Macasaet; and associate Aldous Benjamin C. Camiso, among others.
ABLJ’s 2016 Deals of the Year covers 60 landmark Asia-related deals in 10 practice categories. Criteria for the winning deals include significance, relevance, complexity and innovativeness. The full list is featured in the January/February issue of ABLJ. Visit www.vantageasia.com/inaugural-deals-of-the-year-2016/ for more information.