Practice Experience
Jamie Thomas is a member of our Banking, Capital Markets and Restructuring Practice, Indonesia team and India team.
Based in Singapore, Jamie is qualified to practice English law. His experience includes advising on leveraged finance, restructurings, debt buy-backs, structured lending, cross-border finance and the secondary debt markets. He is presently advising on a number acquisitions and restructurings in Indonesia.
Prior to joining White & Case, Jamie was managing director of two award winning companies. Prior to that, he was an associate in the London banking practice of a Magic Circle law firm.
Some examples of Jamie's experience includes representing:
- JBIC and Mizuho Corporate Bank, Ltd. on a JPY-denominated project finance loan equivalent to approximately US$326.3 million to PT Indonesia Chemical Alumina (an Indonesian SPV) for the construction of the US$450 million Tayan Chemical Grade Alumina project. This project financing is a rare example of the financing of an Indonesian project not in the energy or power sectors, which is in line with Antam's long-term plan to diversify its business.
- Deutsche Bank in an onshore secured loan of Rupees 1,00,00,00,000 to India Yamaha Motor Private Limited, with an offshore bank guarantee, an offshore deed of indemnity from Yamaha Motor Co. Ltd. (the borrower's Japanese parent company) and offshore synthetic derivative products to syndicate the loan offshore. As part of the transaction, we explored in detail the rights of subrogation for offshore parties into India.
- Deutsche Bank, as arranger, in a financing for a special purpose vehicle which is a subsidiary of Kumar Urban Development Limited for FDI compliant slum redevelopment through offshore fixed fully convertible INR denominated debentures of up to INR equivalent to US$80 million and onshore secured fixed convertible debentures and an onshore loan to the operating company with an intercreditor security sharing agreement.
- Raiffeisen-Zentralbank Österreich AG (RZB-Austria), Singapore Branch, Credit Suisse AG, Singapore Branch and Orchard Capital in a facility of up to US$400 million to Bright Ventures Pte. Ltd to refinance existing debt of Bright Ventures Pte. Ltd. as well as to finance the capital expenditure programme of PT Bumi Resources Mineral and its subsidiaries.
- UBS AG, Singapore Branch in a US$100 million financing provided to PT Bumi Resources Tbk hedged by a deliverable CDS. The loan facility is guaranteed by PT Sitrade Coal, Kalimantan Coal Limited, Sangatta Holdings Limited and Forerunner International Pte. Ltd and was completed in 3 days.
- Deutsche Bank, as arranger, in a financing into India of up to US$109.7 million for Ackruti City Limited by the issue of offshore fully convertible debentures into India with a call option, with the money on-lent through onshore optionally partially convertible debentures, and a term loan facility, both secured by onshore security, to onshore project companies for slum redevelopment. We also represented DB Trustees (Hong Kong) Ltd as trustee in this transaction. This transaction was named "Deal of the Year 2010" by India Business Law Journal and Asian-Counsel. It was also nominated for "Infrastructure and Real Estate Deal of the Year" by IFLR/Asialaw India Awards 2010.
- Citibank Mumbai, Citibank Bahrain and Citibank Gurgaon in the extension of several external commercial borrowing loans denominated in Japanese Yen and Indonesian rupiah to various companies.
- Two secured and guaranteed facility agreements of US$30 million to Capital Drilling Ltd. from Standard Bank.
- Deutsche Bank as arranger, DB International (Asia) as original lender and DB Trustees (Hong Kong) Limited as security agent in a US$225 million financing to Platex Limited.
- Catalyst Samsara in the incorporation and financing of a fund to acquire property in India.
- AlpInvest (lead investor) in a fund being set up to acquire loan assets originated by The Royal Bank of Scotland plc. Staple financing was provided to investors by The Royal Bank of Scotland plc.
- ABN AMRO Bank N.V., Barclays Capital, BNP Paribas, Citigroup Global Markets Limited, Deutsche Bank AG, London Branch, HSBC Bank plc, ING Bank N.V., Morgan Stanley Bank International Limited and Société Générale Corporate & Investment Banking as mandated lead arrangers in the £9.2 billion financing to Dutch chemicals company Akzo Nobel N.V. in support of its £8.1 billion acquisition of UK industrial company, Imperial Chemical Industries PLC. The deal was nominated for "M&A Deal of the Year" at IFLR Awards 2008.
- MTC Vodafone in its US$3.1 billion debt financing of the acquisition of the African operator, Celtel which operated in 14 sub-Saharan countries.
- Lenders in Italy to a consortium named Edipower led by the electricity and gas company, Edison, on the €1.8 billion senior and €2.025 billion junior debt financing of the acquisition of Eurogen, one of Enel's generating companies.
- BNP Paribas, Milan branch, on the debt financing of the "public to private" acquisition of Lottomatica S.p.A., the Italian State lottery, which was acquired by an Italian publishing company and an Italian private equity house.
Bars and Courts
England and Wales, 1999
Education
LPC, College of Law, Guildford, 1996 CPE, College of Law, Guildford, 1995 BSc, Hons, Manchester University, 1994
Awards and Recognition
Pro bono: Winner of the Wig and Pen prize (London, Westminster)
Publications
Co-author, "Market Disruption–Issues arising under APLMA/LMA and US Law Credit Agreements–A Global Perspective," White & Case, October 2008
Presentations Co-presenter, "Restructuring & Workouts," Asia Pacific Loan Market Association, April 28, 2009 Co-presenter, "Leveraged Finance: An overview of legal issues in Singapore, China, Malaysia and India," White & Case, November 2008
Languages
English Italian
Citizenship
British
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