Practical Notes
Practical questions about investing, building and operating in Thailand.
4 results for your search
01What should a borrower verify before relying on a refinancing payoff and release figure?
Do not treat an internal accounting balance as the amount needed to release the existing lender’s security. Before refinancing, the borrower should obtain a current payoff…
02Should acquisition or refinancing debt sit in the existing operating company or a new special-purpose company?
There is no universal “cleaner” answer. Using the existing operating company may avoid transferring assets and licences, but the lender also sees that company’s legacy…
03How should related-party debt be documented and traced in a refinancing?
If refinancing proceeds may be used to repay a shareholder, parent company or another group company, the borrower should be able to show what the original debt was, who advanced…
04Can debt-restructuring tax relief apply when different types of creditors are being repaid?
Potentially, but do not assume that one qualifying restructuring makes every creditor eligible. Thailand’s Royal Decree No. 742 B.E. 2565 (2022) provides tax relief for specified…
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