Finansa - The leading Bangkok-based merchant banking group

Investment Banking

Since 1992, utilizing innovative problem solving skills and a blend of foreign and local expertise, Finansa has provided financial advisory services to corporations and government enterprises in a broad range of financial transactions.

As a non-traditional investment banking firm, Finansa goes deeper than typical firms since we rely on client-driven concepts rather than a sales-driven strategy.

As a boutique investment banking firm with a regional capability backed by global affiliations, our list of clients extends to international companies in Europe, Japan, the United States as well as to Indochina and Southeast Asia. Finansa is well positioned as the business and regulatory environment rapidly changes both in Thailand and the surrounding region spurring greater demand for top class financial advisers who can provide international standard expertise at the local level.

The uniqueness of our investment banking practices lies in our approach of providing advisory services with multi-disciplinary expertise in corporate finance, equity capital markets, debt financing and M&A.

Scope of Services

Financial Advisory
Provide financial advisory services with regard to fairness opinions, valuations and related transaction.

Debt Restructuring Advisory
Provide a full range of services in debt restructuring. Advise in formulation of a viable financial restructuring plan and assist in negotiations with lenders and implementation of rehabilitation plan.

Financial Derivatives
Develop financial derivatives products to support the risk management strategy of clients.

Capital Market Products
Advise on fund-raising activities via the private placement or public offering of capital market products including: structuring of tailor-made financial products and the associated placement strategy; coordinating with potential investors to ensure successful subscription.

Mergers and Acquisitions Advisory
Provide advice on valuation and execution of M&A through: coordination of potential investors through our extensive client network, evaluation and recommendation of a fair range of valuations for M&A transactions, and assistance with structuring, negotiation and execution of transactions.

Corporate Finance
Provide a full range of services in preparation for potential fund-raising activities, including: advice on corporate restructuring and financial strategy, advice on capital structure and development of tailor-made financial products suitable to the client's requirements, and assistance with the restructuring process and implementation.

Project Finance
Advise on a full range of project finance activities including: project review and assessment, financial analysis, risk analysis and allocation, market analysis and financial arrangements.

Awards and Achievement

Oil Fund Bond

Thai Oil’s IPO

BLCP Power’s Project Finance

Bangchak’s DR Offerings

Investment Banking Track Record

Capital Market Products
	Financial advisor and lead manager for the issuance of bonds for Energy Fund Administration Institute in respect of Oil Fund – Baht 24,600 million	2005
	Underwriter of Thai Petrochemical Industry Plc. for rights offering – Baht 12,870 million	2005
	Financial advisor and joint lead underwriter for the initial public offering and listing of shares of Thai Oil Company Limited – Baht 32,566 million	2004
	Financial advisor and lead underwriter for the initial public offering and listing of shares of Bliss@Tel Plc. – Baht 434 million	2004
	Financial advisor and lead underwriter for the initial public offering and listing of shares of United Paper Plc. – Baht 291 million	2004
	Financial advisor of Eastern Water Resources Development and Management Plc. for fund raising plan – Baht 3,000 million	2004
	Co-lead underwriter for the public offering of Depository Receipts of the benefits in the ordinary shares (CSDR) and Depository Receipts of the benefits in the convertible debentures (CDDR) of Bangchak Petroleum Plc. – Baht 7,003 million	2004
	Advisor of the Ministry of Finance for the establishment of Vayupak Fund 1 – Baht 100,000 million	2003
	Advisor and lead underwriter for the public offering of shares of Siam City Bank Plc. – Baht 8,399 million	2003

Corporate Finance and Project Finance
	Advisor of Prasit Pattana Plc. (Payathai Hospital) for its refinancing – Baht 5,000 million	2004
	Advisor of BLCP Power Limited for project financing of 1400 MW power plant – USD 1,060 million	2003
	Advisor of Independent Power (Thailand) Co., Ltd. for its refinancing activities – Baht 950 million	2002
	Advisor of TA Orange Co., Ltd. for its Bridge loan financing – Baht 24,200 million	2002
	Advisor and lead arranger of Thaioil Power Co., Ltd. for the refinancing of funds for 115 MW combined cycle power plant – Baht 3,025 million	2002
	Advisor of The Evason Phuket Limited on its fund raising for the acquisition and renovation of Evason Phuket Resort and Spa – Baht 750 million	2001

Financial Restructuring
	Financial advisor for the debt restructuring and refinancing of Rayong Refinery Co., Ltd. – USD 1,335 million	2005
	Advisor of Thai Asset Management Corporation for asset management – Baht 20,000 million	2005
	Advisor of Thai Lube Base Plc. on its debt restructuring under the rehabilitation plan under the bankruptcy court - Baht 20,000 million	2003
	Advisor of Jasmine International Plc. for its debt restructuring under the rehabilitation plan under the bankruptcy court - Baht 11,800 million	2003
	Advisor of Jasmine International Overseas Co., Ltd. for its debt restructuring under the rehabilitation plan under the bankruptcy court – Baht 9,537 million	2003
	Advisor for capital restructuring of Thai Paraxylene Co., Ltd. – USD 200 million	2000

Mergers and Acquisitions
	Tender offer preparer and tender offer agent of Thai Telco Holdings Limited for the tender offer for securities of United Communication Industry Plc. and tender offer agent for securities of Total Access Communication Plc.	2005
	Financial advisor of Thai Olefins Plc. for the study of the merger plan between Thai Olefins Plc. and National Petrochemical Plc.	2005
	Advisor, tender offer preparer and tender offer agent of Manulife Financial Group for the tender offer for and delisting of shares of Interlife John Hancock Assurance Plc. – Baht 221 million	2005
	Advisor of Asia Cement Plc. for its tender offer for shares of Jalaprathan Cement Plc. – Baht 1,134 million	2003
	Advisor of Thai Oil Co., Ltd. for its divestiture of shares in Thaioil Power Co., Ltd. – USD 61.85 million	2001
	Tender Offer Preparer of Starwood Hotel & Resorts Worldwide Inc. on its voluntary tender offer for shares of Royal Orchid Hotel (Thailand) Plc. – Baht 2,718 million	2001
	Advisor of Bank of Asia Plc. for divestiture of shares in BOA Finance and BOA Securities – Baht 340 million	2001
	Advisor of Sithe Pacific Holdings Limited for its voluntary tender offer for shares of The Cogeneration Plc. – Baht 3,175 million	2000

Financial Advisory
	Advisor of PTT Plc. for the due diligence and valuation of Thaioil Power Co., Ltd.	2005
	Advisor of Eastern Water Resources Development and Management Plc. for Feasibility studies of PWA's water supply projects	2003
	Advisor of PTT Plc. for the valuation of shares of Thai Aviation Refuelling Co., Ltd.	2002
	Opinion on the acquisition of Laguna Banyan Tree Ltd. For Laguna Resorts & Hotels Plc.	2001
	Advisor for the valuation of preferred shares of SG Asia Credit Plc. under Tier 1 Capital Assistant Program for the Ministry of Finance	1999