Banking and finance in Philippines

Angara Abello Concepcion Regala & Cruz Law Offices (ACCRALaw)

Angara Abello Concepcion Regala & Cruz Law Offices (ACCRALaw)‘s team is well-placed to advise its portfolio of clients on the full range of banking and finance matters, ranging from M&A and investments, to the loan and security agreement aspects of high-value project finance cases, with cross-jurisdictional issues forming a large part of the team's workload. Capital markets, corporate and M&A specialist Judy Hao heads the offering, key members of which also include Andre B. Navato, Jr. who is equipped to represent the team’s key banking clients, and Aison Benedict C. Velasco who often assists clients with the financing notable construction projects.

Praxisleiter:

Judy Hao


Weitere Kernanwälte:

Andre B. Navato, Jr.; Aison Benedict C. Velasco; Shiree Amor P. Roma; Elaine Patricia S. Reyes-Rodolfo


Kernmandanten

Sumitomo Mitsui Banking Corporation


Agrocommodities Pte Ltd.


Isla Import Terminals, Inc.


Bank of the Philippine Islands


First Metro Investment Corporation


Standard Chartered Bank


Highlight-Mandate


  • Advised SMBC in connection with its additional investment to increase its stake in RCBC common shares to 20%.
  • Advised the Bank of the Philippine Islands on a merger.
  • Acted as domestic counsel for First Metro Investment Corporation, among others, in connection with the update of a $2bn medium term note programme and issuance of notes from the programme.

Martinez Vergara & Gonzalez Sociedad

The team at Martinez Vergara & Gonzalez Sociedad is highly regarded for its ‘excellent working knowledge of banking and finance laws’. The group’s workload features acting for both borrower and creditor clients on financing projects including loan syndications, project financings, debt restructuring and secured financing matters. The team is led by Mark Vergara who has notable expertise in handling the financing aspects of significant M&A and construction projects, areas in which Rosalia S. Bartolome-Alejo is also experienced, in addition to having notable tax expertise. Erika Paulino has experience assisting international clients with key financing transactions, while team members Manuel Gonzalez and Gwyneth S. Ong ‘harness near mastery of the law’.

Praxisleiter:

Mark Vergara; Rosalia S. Bartolome-Alejo


Weitere Kernanwälte:

Erika Paulino; Manuel Gonzalez; Gwyneth S. Ong; Janice Co


Referenzen

‘The team has an excellent working knowledge of banking and finance laws. This, along with their much deserved credibility in the Philippine banking and finance industry, has helped us tremendously in our finance function.’

‘Manuel Gonzalez and Gwyneth S. Ong harness near mastery of the law and outstanding personal rapport, and have proven time and again their ability to deliver excellent results despite tight deadlines, as has Janice Co.’

Kernmandanten

Sta. Lucia Land, Inc.


Asia United Bank


Union Bank of the Philippines


BDO Capital & Investment Corporation


United Overseas Bank Limited


Alterfin


P.A. Properties Development Corporation


Suntrust Resort Holdings, Inc.


Alternergy Holdings Corporation


SyCip Salazar Hernandez & Gatmaitan

SyCip Salazar Hernandez & Gatmaitan's practice has a strong reputation for handling the remit of complex banking and finance transactions. The portfolio of clients the team assists features numerous well-known banks and corporations, with renewable energy, fintech and infrastructure being areas focus for the team. Philbert E. Varona leads the team and specialises in finance and securities, M&A, infrastructure and government contracts. Bhong Paulo Macasaet has particular expertise assisting clients with the negotiation and drafting elements of corporate notes facility agreements, omnibus loans and security agreements. M&A and investment are key areas of expertise for Roshni BalaniJan Celine Abaño-Ranada is also noteworthy.

Praxisleiter:

Philbert E. Varona


Weitere Kernanwälte:

Vincente D. Gerochi IV; Melyjane B. Bertillo-Ancheta; Jan Celine Abaño-Ranada; Bhong Paulo Macasaet; Roshni Balani; Mark Xavier Oyales; Javierose M. Ramirez


Kernmandanten

Bank of the Philippine Islands


Asian Development Bank


SB Capital Investment Corporation


PNB Capital and Investment Corporation


UBS AG


Standard Chartered Bank


JP Morgan Chase Bank N.A.


Linklaters Singapore Ltd Ltd.


Bank of America


OceanaGold (Philippines), Inc.


China Bank Capital Corporation


ANZ Bank


Aboitiz Power Corporation


Frontier Tower Associates Philippines, Inc.


San Miguel Corporation


BDO Capital & Investment Corporation


Metro Pacific Investment Corporation


PH Global Jet Express, Inc.


Philippine Commercial Capital, Inc.


CLSA Exchange Capital, Inc.


Highlight-Mandate


  • Acted for Frontier Tower Associates Philippines, Inc. (FTAP) that was provided financing for its purchase of certain assets, such as telecoms towers, from Smart Communications, Inc. (SMART) and Digitel Mobile Phils., Inc. (Digitel).
  • Advised Aboitiz Equity Ventures and Coca-Cola Europacific Partners Plc in its $500m Term Loan Facility Agreement with the Lender, to finance its 100% acquisition of Coca-Cola Bottlers Philippines Inc. from The Coca-Cola Company.
  • Acted for the Lenders that granted a PhP 40bn Secured Term Loan Facility to finance the borrower’s 930MWh battery energy storage system project across multiple sites in the Philippines.

Gatmaytan Yap Patacsil Gutierrez & Protacio (C&G Law)

Gatmaytan Yap Patacsil Gutierrez & Protacio (C&G Law)'s practice routinely assists its varied roster of clients with  substantial loans for the development and construction of significant and high-value projects, loan facility agreements in cross-jurisdictional contexts, and advising on the finance aspects of acquisitions and joint ventures. Norma Margarita B. Patacsil leads team. Jaime Renato B. Gatmaytan remains a key figure within the practice, and Annalisa Carlota departed from the firm in May 2024.

Praxisleiter:

Norma Margarita B. Patacsil


Weitere Kernanwälte:

Jaime Renato B. Gatmaytan; Andrea E. Katipunan-Leido


Quisumbing Torres

Quisumbing Torres' lucrative client list includes multinational banks, financial sponsors and corporate entities. The team's workload consists of acquisition, project and real estate finance, and financial regulatory mandates, particularly in the fintech space. Alain Charles Veloso is experienced in assisting with the full range of complex transactions, and oversees the group alongside Maria Christina Macasaet-Acaban. Fintech advisory work is the specialism of Dennis Quintero, while Ramon Miguel Bacani has expertise in the real estate and construction sectors.

Praxisleiter:

Alain Charles Veloso; Maria Christina Macasaet-Acaban


Weitere Kernanwälte:

Dennis Quintero; Ramon Miguel Bacani


Kernmandanten

Allianz


Universal Entertainment Corporation


Prudential Corporation Asia


Manulife Philippines


KPMG AZSA LLC


Highlight-Mandate


  • Advised a British universal bank and financial services group in connection to an amendment of the Senior Secured Revolving Credit Facility to a Singapore-based financing company as the borrower.
  • Advised a regional development bank in the development and implementation of a city-level parametric disaster insurance scheme.
  • Advised a Hong Kong-based multinational insurance and finance corporation in its joint venture with a wholly owned subsidiary of one of the oldest conglomerates in the Philippines.

Serrano Law

The team at Serrano Law is noted for providing sound, creative and meaningful legal solutions’ to clients. The group handles the remit of banking and finance matters, ranging from payment system management, to the finance aspects of high-value M&A, investment plans and capital build-up programs. Experienced practitioner Elmer B. Serrano oversees the practice, and alongside Phil Ivan Chan; both are noted for their ‘exemplary performance and outstanding qualities and skills’. 

Praxisleiter:

Elmer B. Serrano


Weitere Kernanwälte:

Phil Ivan Chan; Tephanie M. Gandia; Melissa Jean G. Hipolito


Referenzen

‘We have engaged Serrano Law for two decades already as our legal counsel covering both domestic and global markets. They have a deep understanding of our various businesses including commercial banking, investment banking, life insurance and insurance brokerage, finance and leasing, securities brokerage etc. and as such have been able to provide us with sound, creative and meaningful legal solutions.’

‘They have delivered their services on time despite multiple deadlines. We have trusted SLPH in keeping and handling our transactions and information confidentially.’

‘We commend Elmer B. Serrano and Phil Ivan Chan for their exemplary performance and outstanding qualities and skills they possess as lawyers. Both have developed creative and innovative solutions to our legal issues, were able to conduct thorough research on legal issues and relevant regulations, have strong writing abilities in drafting legal documents and contracts and have been very professional and trustworthy in their dealings with us.’

Kernmandanten

BDO Unibank, Inc.


Philippine Veterans Bank


Armstrong Capital Holdings Corp.


Gratia Capital


RYM Business Management Corporation


Chelsea Logistics and Infrastructure Holdings Corp.


RePay


Digital Banking Solutions, Inc.


Highlight-Mandate


  • Advises Philippine Veterans Bank in its capital raising activities.
  • Advised Chelsea Logistics and Infrastructure Corp. in its comprehensive restructuring initiative.
  • Advised RePay in its successful application for OPS license with the BSP.

Villaraza & Angangco (V&A Law)

Villaraza & Angangco (V&A Law)'s team advises on the full gamut of project financing issues, from development through to operation, in both domestic and cross-jurisdictional contexts. The group is co-headed by commercial expert Raoul R. Angangco; transaction structuring, corporate and contract specialist Sylvette Y. Tankiang; and Juanito L. Sañosa, who joined the team in April 2024 following the departure of former co-lead Franchette M. Acosta in January 2024. Kristin Charisse C. Siao and Richard Henrick I. Beltran are noted as being ‘very efficient and professional’ by clients.

Praxisleiter:

Raoul R. Angangco; Sylvette Y. Tankiang; Juanito L. Sañosa


Weitere Kernanwälte:

Kristin Charisse C. Siao; Richard Henrick I. Beltran


Referenzen

‘The team is responsive and good at what they do, and fees are reasonable.’

‘Kristin Charisse C. Siao and Richard Henrick I. Beltran are individuals at V&A that we have worked with, and they are very efficient and professional with their advice and responsiveness being oriented on getting the deal done.’

Kernmandanten

DITO Telecommunity Corporation


China Telecommunications Corporation


BDO Unibank, Inc.


Bank of the Philippine Islands


Kiangan Mini Hydro Corporation


Alternergy Mini Hydro Holdings, Corp.


Fountel Corporation and its Subsidiary


Felicitas Antoinette, Inc.


Boku, Inc.


Lionpay


Highlight-Mandate


  • Assisting Omnibus Loan and Security Agreement in relation to the financing of the project of DITO Telecommunity Corporation for the development, design, construction, and operation of its Network in the Philippines
  • Acted as lead counsel for Fountel Corporation and its subsidiary, Felicitas Antoinette, Inc., assisting with projecting their financial interests relating to preparing documentation for the sale of its shares in a public healthcare company in the Philippines.
  • Advised a technology company on the proposed multi-million-dollar acquisition of a financial app.

Abuda Asis & Associates

Abuda Asis & Associates' practice is adept at assisting with project finance transactions, and is noted for its ‘impressive’ due diligence knowledge in particular. The group's work ranges from advising on the finance elements of the construction and development of projects, to advising on the financing aspects of acquisitions. The group is headed by Cornelio B. Abuda, who is well-regarded by clients for his ‘uncanny ability to explain legal concepts and transaction risks’. 

Praxisleiter:

Cornelio B. Abuda


Weitere Kernanwälte:

Judith Ann C. Alejo


Referenzen

‘PNB’s expertise includes renewable energy projects and land-related due diligence matters. I find the depth of due diligence knowledge impressive, especially in identifying risks and mitigants for transactions.’

‘Cornelio B. Abuda has the uncanny ability to explain legal concepts and transaction risks at a level well understood by those outside the legal profession. This is helpful to the lenders who need to explain such complicated scenarios to various approving committees. AAA Law’s team of partners and associates are very responsive to queries, even those outside of their scope of work, which I truly appreciate.’

Kernmandanten

Pentagreen Capital Assets Pte. Ltd.


Philippine National Bank


SteelAsia Lemery Works, Inc.


Development Bank of the Philippines


Government Service Insurance System


Philippine Business Bank


Unity Digital Infrastructure Inc.


Cebu2World Development, Inc.


Metropolitan Bank & Trust Company


Highlight-Mandate


  • Advised Pentagreen Capital Assets Pte. Ltd. on the mezzanine financing of the construction of a portfolio of solar projects of Citicore Solar Energy Corporation.
  • Acted as transaction counsel in the financing of the construction and development by SteelAsia Lemery Works, Inc. of a 500,000 metric tons-per-year medium sections mini-mill facility and associated facilities in the Municipality of Lemery, Batangas Province.
  • Advised Unity Digital Infrastructure Inc. on the financing of the acquisition of telecoms towers via a sale-lease back arrangement and capital expenditures relating to the construction of build-to-suit towers and upgrade capital expenditures for both SLB and BTS towers.

Gulapa & Lim (Gulapa Law)

The practice at Gulapa & Lim (Gulapa Law) is well-placed to advise its clients on complex banking documentation surrounding debt and commercial restructurings, and the due diligence and regulatory elements therein. Furthermore, the team often advises on the financing of significant projects, including complex BTO projects. Aris L. Gulapa, who works from both New York City and the Philippines, and Jose Maria Angel P. Machuca, both co-lead the practice.

Praxisleiter:

Aris L. Gulapa; Jose Maria Angel P. Machuca


Kernmandanten

Alternergy Group


Altus Capital Corporation


Aboitiz InfraCapital Inc.


United Graphic Expression Corporation


Infracorp Development, Inc.


Asia Development Bank


International Finance Corporation


Pivot International Inc.


Asset Growth One, Inc.


Highlight-Mandate


  • Advising Altus Capital Corporation and the Altus group of companies on the proper implementation of a comprehensive corporate and debt restructuring.
  • Assisting the client in its application for grant of authority with the Banko Sentral ng Pilipinas for Vigan Bank’s offer of advance electronic payment and financial services.
  • Advising the Asia Development Bank on the potential overseas development assistance from the Japanese International Cooperation Agency to finance the availability payments that will fund the operations and maintenance of the winning concessionaire.

Sarmiento Loriega Law Firm

Sarmiento Loriega Law Firm‘s group regularly assists with significant investments and commercial ventures, and the financing aspects of projects, including complex transactional and due diligence considerations. Leading the practice are experienced practitioners Maria Elizabeth Peralta-Loriega, Bryan A. San Juan and Recolito Ferdinand N. Cantre Jr.

Praxisleiter:

Maria Elizabeth Peralta Loriega; Bryan A. San Juan; Recolito Ferdinand N. Cantre, Jr.


Weitere Kernanwälte:

Marie Jourgen B. Endaluz


Kernmandanten

Southeast Asia Clean Energy Master Fund Pte. Ltd.


Southeast Asia Clean Energy Fund II Master Pte. Ltd.


Highlight-Mandate


  • Advised Southeast Asia Clean Energy Facility Master Fund Pte. Ltd. and Southeast Asia Clean Energy Fund II Master Pte. Ltd, Singapore-based investment management companies, in their investment in Mober Technology Pte. Inc.

Subido Pagente Certeza Mendoza & Binay (SPCMB Law Offices)

The practice at Subido Pagente Certeza Mendoza & Binay (SPCMB Law Offices) has experience assisting its client list, which features well-known banks, on a broad range of matters, from disputes regarding deposits to matters involving regulation violations during complex transactions. Ma. Joycelyn L. Guirnalda heads up the practice alongside Maria Patricia L. Alvarez and Mary Christine Charisse G. Catre; all have particular expertise in litigation and dispute resolution.

Praxisleiter:

Ma. Joycelyn L. Guirnalda; Maria Patricia L. Alvarez; Mary Christine Charisse G. Catre