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Weerawong, Chinnavat & Partners has represented Thai mass transit operator BTS Group Holdings on the 1.9 billion financing of the planned Pink Line and Yellow Line monorail systems, with Baker McKenzie Thailand representing the lenders.

The 34.5 km-long, 30-station Pink Line will run in the northern part of Bangkok city, from Minburi District in the east to Nonthaburi Civic Center in the west. It will be operated by Northern Bangkok Monorail Company. Meanwhile, the 30.4 km-long, 25-station Yellow Line will be operated by Eastern Bangkok Monorail Company. Both monorail companies are jointly invested in by BTS Group and Ratchaburi Electricity.

Both of the planned lines are set to open in 2022. In the first year of their operation, the two lines will each see an estimated 200,000 passengers daily.

The lenders include Bangkok Bank, Krung Thai Bank and The Siam Commercial Bank.

 

The Weerawong team was led by partner Passawan Navanithikul.

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