About

Provided by Nithya Partners

Led by Mr. Naomal Goonewardena, Nithya Partners continues to maintain a strong practice in the areas of banking and finance. The department has been actively involved in a number of large transactions which have taken place recently, particularly in the area of cross-border lending and borrowing by corporate entities and borrowing by the Government of Sri Lanka. We consistently advise leading local banks as well as overseas banking entities in their debt financing in Sri Lanka and on their proposals to enter the domestic market.  We also continue to advise the largest leasing and finance companies in the country.

Our expertise is, inter alia, in the areas of international bond offerings, loan financing (bilateral and syndicated loans, ECA backed financing, secured and unsecured financing), debt structuring, structured financing, derivatives and financial products, regulatory and compliance advice, banking regulation, banking documentation, trade financing and Islamic financing and structured finance transactions. 

Overseen by Mr. Chanaka de Silva, the Firm also regularly advises clients on disputes relating to infrastructure and project-related transactions and arbitrations. He also advices on project finance transactions and has also been involved in advising, negotiating and structuring several large infrastructure projects in diverse areas such as electricity, telecommunications, petroleum, road, ports and mining and several privatizations. 

Chambers Review

Provided by Chambers
Banking & Finance - Sri Lanka
1
Band 1
What the team is known for

Nithya Partners has a market-leading finance practice, regularly advising foreign multinational financial institutions and Sri Lankan banks. The firm is also well versed with assisting government bodies and SOEs. The department is noted for its technical strength, and is adept at handling capital markets and regulatory issues, as well as bilateral and syndicated loan facilities. The team is experienced in debenture issuances, including Basel III-compliant products.

Work Highlights

Provided by Nithya Partners
  • Nithya Partners advised Senkadagala Finance as the lender on a term loan worth LKR500 million to National Development Bank.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers
1
Naomal Goonewardena
1
Band 1

Naomal Goonewardena maintains his position as a leading lawyer in Sri Lanka's banking and finance market, with vast expertise advising on debenture issuances, loan facilities and regulatory issues.

"He provides flexible and innovative solutions whilst ensuring that regulations are met."

"He is excellent to work with and full of legal and financial knowledge."

Ranked Lawyers at
Nithya Partners

Provided by Chambers
Filter by
Band

Sri Lanka

Banking & Finance

1
Naomal Goonewardena
1
Band 1

Members

Provided by Nithya Partners

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