Toshio Dokei

Japan Bank for International Cooperation (JBIC)
Representation of Japan Bank for International Cooperation (JBIC) in a US$420 million loan to Minera Escondida Limitada, a Chilean company, to finance the expansion project of Escondida Copper Mine, the largest copper mine in the world. The other lenders include Mizuho Corporate Bank, Ltd., Sumitomo Mitsui Banking Corporation and The Bank of Tokyo-Mitsubishi UFJ, Ltd. The total co-financing amount is US$600 million. The sponsors are Mitsubishi Corporation, JX Nippon Mining & Metals Corporation, Mitsubishi Materials Corporation, BHP Billiton Group and Rio Tinto Group.

Tokyo Electric Power Company (TEPCO)
Representation of The Tokyo Electric Power Company (TEPCO) regarding all aspects (including joint venture, acquisition, LNG offtake, financing and shipping) of its interest in the greenfield Wheatstone LNG Project in Australia, operated by Chevron. We advised on the acquisition of a 10% interest in the petroleum licenses covering the Wheatstone/ Iago gas fields, and an 8% interest in the related Wheatstone Liquefied Natural Gas (LNG) facility, by the joint venture entity PE Wheatstone Pty Ltd (PEW). This is the largest equity investment to date by Japanese offtaker interests in an LNG project. This deal received an Honorable Mention in the ASIAN-MENA COUNSEL 2012.

JBIC/Commercial lenders
Representation of JBIC and the commercial lenders in the financing of two LNG tankers, constructed by Mitsubishi Heavy Industries, owned by Mitsubishi Corporation, and chartered to Chubu Electric for use on the Gorgon LNG and Ichthys LNG projects in Australia (TPS 1 and 2).

Bank loan lenders
Representation of the lenders in a JPY 165 billion (approximately US$2 billion) syndicated bank loan to eAccess Ltd., the Japanese internet service provider. This transaction was the first in the Japanese market to combine a syndicated loan with a simultaneous high yield bond, and was also noteworthy for using a Japanese security trust structure. This deal was also the first major syndicated telecommunications financing in Japan since the global financial crisis, and was named Best Leveraged Financing and Best International Bond for 2011 from AsiaMoney.