Privatization

The Firm’s privatization practice boasts of being involved in almost all of the privatization transactions of the Power Sector Assets and Liabilities Management Corporation (PSALM) and the National Power Corporation (NPC) – the government agencies tasked with the privatization of the assets of the Philippine government in the power industry.  The Privatization group has also been involved in the bidding for new light rail expansion projects of the Light Railway Transit Authority and the new and expanded airports of the Department of Transportation and Communication.

 

Our involvement encompasses all aspects of the privatization process – from due diligence, to bidding, setting up of bid vehicles, negotiation with government agencies, financing and operations of the winning bidders. Our experience not only as counsel to bidders, but as advisors to borrowers and lenders, and in some instances as counsel to government itself, brings with it unique insights on clients’ priorities, transaction risks, and value perspectives.  Our experience not only as counsel to bidders, but also as advisors to borrowers and lenders, and in some instances as counsel to government itself, brings with it unique insights on clients’ priorities, transaction risks, and value perspectives.