Bangkok, Thailand – 3 October 2024 – Chandler MHM, acted as the legal advisor, on THB 25 billion bond transaction of Gulf Energy Development Public Company Limited (Gulf), one of the largest private power producers in Thailand. Structured in five dynamic tranches with 3-, 4-, 5-, 7-, and 10-year tenors, the bond issuance has not only weathered challenging market conditions but met with unprecedented demand, being oversubscribed by 1.96 times. This is a great success for Gulf, which will help to support future expansion. The lead arrangers were Bangkok Bank Public Company Limited, Krungthai Bank Public Company Limited, KASIKORNBANK Public Company Limited, Bank of Ayudhya Public Company Limited, Kiatnakin Phatra Securities Public Company Limited, Maybank Securities (Thailand) Public Company Limited and United Overseas Bank (Thai) Public Company Limited. The team from Chandler MHM was led by Doungporn Prasertsomsuk, Partner. She was supported by associates Poonpha Moosirilert, Pradchayada Maneeratanapron and Onpreeya Kitcharoen. Doungporn Prasertsomsuk, Partner, commented, “We are immensely proud of our team’s hard work and dedication in ensuring the success of this significant bond issue in challenging market conditions.” Recognized as an innovative leader in Thailand’s debt capital markets, Doungporn Prasertsomsuk has been consistently ranked top-tier by independent global legal publications, cementing her status as a leader in the field. For media inquiries, please contact: Business Development at bd@mhm-global.com