First Quarter Update – Puyat Jacinto & Santos (PJS) Law
PJS Law is Puyat Jacinto & Santos, a Philippine-based general professional partnership engaged in the practice of law. Established in 1997, PJS Law has been consistently cited by leading legal and financial publications as one of the leading Philippine law firms recommended for energy and projects, mergers and acquisitions, banking, capital markets, project finance, as well as restructuring and insolvency.
Experiences of Q1 (January-March 2016)
The Banking, Finance and Capital Markets Group of PJSLaw has successfully assisted in the negotiation and financial close on the acquisition by Mitsubishi UFJ Financial Group Inc.’s (MUFG) commercial banking unit, BTMU, of 20% of the voting stock of Security Bank Corporation (SBC).
Under the terms of agreement, BTMU will own 150,707,778 common shares and 200,000,000 preferred shares, making BTMU the second largest shareholder of SCB. The transaction is the largest foreign direct in a Philippine financial institution after the liberalization of the banking sector in 2014. See here for further details.
PJS Law is known for its ability to assist transaction parties in understanding the Philippine legal framework as well as the technical and financial nuances of specific industries. To date, this transaction and industry-focused mindset remains the strongest point of the firm that is recognized in handling several innovative and pioneering transactions. PJS Law continues to represent clients in the energy industry, for instance, in the dynamic and evolving Philippine market.
As trusted strategic partners of industry stakeholders, PJS Law commits to the value of providing clients with cutting edge legal service and exceptional client care, through a combination of traditional approaches and cutting-edge innovations. From the drawing board to the balance sheet, PJS lawyers seek to contribute value to the clients’ business.
The firm’s transaction experience cuts across various industries ranging from energy, banking, finance, public utilities, infrastructure, manufacturing, trading, food and retail, and business process outsourcing, among others.
We expect PJS Law to remain at the forefront as the Philippines remains at the sweet spot, evidently an attractive target of multinational companies seeking opportunities for growth.
Company: Puyat Jacinto & Santos (PJS) Law
Name: Ramil E. Bugayong
Email: rebugayong@pjslaw.com
Web: www.pjslaw.com
Address: 10/F 8 Rockwell, Hidalgo corner Plaza Drives, Rockwell Center, Makati City, Philippines
Phone: ( 632) 840.5025 to 28
