Chavisa Jinanarong

Senior Associate

Email:chavisa@mediums.co.th

Chavisa is the senior associate at Mediums, active in the firm’s corporate, M&A, and real estate practices. She is a commercially minded corporate and M&A legal practitioner with a strong background in private M&As and real estate project development. Chavisa has represented clients in numerous complex domestic and cross-border M&A transactions, covering the full spectrum of the M&A process, including due diligence, legal structuring analysis, negotiations and drafting, financing and cash-flow management, closing, and exit strategies for some of the world’s largest private equity funds. She also has substantial experience negotiating hotel management agreements on behalf of both owners and managers.  

Education

  • LL.B. (First Class Honors), Thammasat University, Thailand

Notable Experience from Previous Firm

  • Representing a real-estate investment arm of one of the largest private equity funds in the world and its local affiliates in the sale to a real estate-focused private equity trust of 100% of their equity and debt investments in the owner of a fully renovated office and retail building for a total value of approximately USD 200 million. 

  • Representing a Thai publicly listed company prominent for its substantial market share in solar power-related businesses in Thailand in: (i) the Singapore law-governed sale of its 49% equity interests in its special purpose vehicle, owning solar power plants with approximately 100 Megawatts of aggregate contractual capacity for the sales of electricity to several renowned offtakers across Thailand, to an investment entity sponsored by one of the largest global asset management firms in the world for a total value of up to approx. USD 24 million; and (ii) its joint venture arrangement with the buyer for their further co-management of the SPV. 

  • Representing a leading real estate developer listed on the Stock Exchange of Thailand (SET) in the rare sale of their “during-construction” residential condominium projects located in Bangkok’s prime area for a total value of approximately USD 37 million. 

  • Representing a real estate developer listed on the Stock Exchange of Thailand (SET) in its negotiation and entry into a THB 500 million-worth branded residences management arrangement with one of the world's leading hotel and residence management brands, for the sale and operation of a luxury condominium project located in Bangkok’s prime area. 

  • Representing one of the largest regional hotel managers, owning globally recognized hotel and hospitality brands, in its negotiation and entry into the master hotel license agreement, through its Netherlands-based vehicle, with local hotel managers and franchisors in the Southeast Asia region. 

  • Representing a close-ended, real estate-focused private equity trust in a complex and strategic acquisition of operating rights and assets related to two distinct 5-star and 3-star hotel properties located in Bangkok’s central business district for a total value of greater than USD 70 million, involving assets on land leased from a government authority which served as a significant factor given the rarity of transfers of mid-term leasehold rights in Thailand (especially when leasing from government authorities). 

  • Representing and advising local, real estate-focused asset management firms in and with respect to the establishment of two private equity trusts under the Trust for Transactions in Capital Market Act of Thailand (i.e., the main regulation governing private equity trusts in Thailand). The two trusts were the first two real estate-focused, close-ended private equity trusts managed by these firms, with an aggregate committed investment value from multi-tranche investors of greater than USD 200 million. 

  • Representing the branch in South Korea of a globally renowned commercial bank as its Thai lender legal advisor in its extension of a working capital facility in an aggregate facility value of approximately USD 15 million to a Thai-registered subsidiary of one of the leading suppliers of electronic devices and appliances in South Korea. 

  • Representing a leading real estate developer listed on the Stock Exchange of Thailand (SET) in a complex THB 1 billion-worth multiple-tranches secured loan arrangement extended by a public company listed on the Market for Alternative Investment (mai) for the construction of the borrower’s luxury residential project in Bangkok, Thailand. 

  • Representing a capital investment arm of a Singapore-based private equity firm, focusing on providing working capital funds and engaging in direct lending with both single and multi-national corporates, in its financing arrangement extended to a UK-based affiliate of one of Thailand's biggest conglomerates to finance the borrower’s working capital for an aggregate facility value of approximately USD 5 million.