Myingyan: Plugging Myanmar’s Power Gap

Sponsors of the $300 million 225MW gas-fired Myingyan IPP project in Myanmar have signed on a $250 million non-recourse DFI-backed loan. The deal is the unrated country’s debut in the internationally banked long-term project finance market and its first non-recourse financing in the power sector. The project was awarded under a 22-year BOT concession to […]

Aussie lawyer advises historic listing on Yangon Stock Exchange

Duane Morris & Selvam corporate and securities lawyer Jamie Benson has led the team advising the first company to trade in Myanmar for 50 years. In an historic-first, the newly minted Yangon Stock Exchange (YSX) had its inaugural listing of shares when the First Myanmar Investment Co, Ltd (FMI) began trading in March. The start […]

Baker & McKenzie opens in Myanmar

Baker & McKenzie has become the latest international firm to set foot in Myanmar with the opening of its Yangon office. The Yangon office, initially staffed by five Myanmar-qualified lawyers, will be led by infrastructure and corporate partner Chris Hughes, who has recently relocated to Yangon from the firm’s Sydney office. Bakers first tapped into […]