Castillo Laman Tan Pantaleon & San Jose has a broad practice in the banking and finance sector and caters to a panel of solid banking clients.The firm has worked on a couple of important energy projects this year, such as the representation of a syndication ...
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Castillo Laman Tan Pantaleon & San Jose has a broad practice in the banking and finance sector and caters to a panel of solid banking clients.
The firm has worked on a couple of important energy projects this year, such as the representation of a syndication of banks on the US$375 million financing for Aboitiz Power-Benguet. This was for two hydroelectric power plants and the rehabilitation of dams and hydroelectric generation facilities. Also acting for bank lenders, the firm worked on a P16 billion (US$333 million) financing for a circulation fluidised bed coal-fired power plant in Cebu province.
The Bank of the Philippine Islands offered the firm roles in transactions, including the US$35 million financing to EGS Acquisition Corporation for the purchase of all the issued and outstanding shares in eTelecare Global Solutions. The bank retained the firm on a P2 billion term facility for the capital expenditure of the ABS-CBN Broadcasting Corporation.
A highlight of the capital markets practice saw the firm’s counsel for Ayala over the offering of eight million preferred shares, totalling P6 billion. Leading partners include Yolanda Mendoza-Eleazar, Mel Macaraig and Alvin Geli.
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