SRPP represented AAV on its financing of Thai AirAsia’s capital raising plan

SRPP NEWS l 6 January 2022

SRPP represented AAV on its financing of Thai AirAsia’s capital raising plan for the return of post-pandemic travel


SRPP Ltd., represented Asia Aviation Public Company Limited (“AAV”), the holding company of Thai AirAsia Company Limited (“TAA”), a major low-fare airlines in Thailand, on a THB 3,900,000,000 credit facility granted by Bangkok Bank Public Company Limited to finance its investment in TAA, by purchasing remaining shares of TAA and for refinancing it loans from financial institutions. The loan is part of the restructuring plan which includes increasing its registered capital and issuing convertible bonds, raising THB 14 billion for purchasing TAA shares, repaying loans and enhancing its cash liquidity. The restructuring plan is to get TAA to be ready for its resuming of business in compliance with the government’s reopening plan during post-pandemic travel.


The transaction is led by Passawan Navanithikul (Founding Partner), Pimkwan Subprasert (Associate), and Patchara Hotriem (Associate).


You may view Passawan's profile here.

You may view Pimkwan's profile here.

You may view Patchara's profile here.


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