“Well regarded for her work on DCM and ECM mandates in the Philippines.”
Chambers Asia-Pacific 2026
"Diana's ability to communicate relevant laws, precedents and considerations to the team was commendable. She provided clear and practical solutions."
Chambers Asia-Pacific 2025
Associate to Watch – Corporate & Finance (Philippines: Expertise Based Abroad)
Chambers Asia-Pacific 2026
"Excellent at brainstorming and thinking outside the box. She is incredibly responsive."
Chambers Asia-Pacific 2025
Recommended – Philippines
Legal 500 Asia Pacific 2024
Profile
Diana Dizon is an associate in the Hong Kong office of Latham & Watkins and a member of the Corporate Department.
Diana advises on a broad range of cross-border corporate finance and securities transactions, including:
Initial public offerings, follow-on transactions, and rights offerings
Investment-grade and high-yield debt offerings
Liability management transactions, including tender offers and consent solicitations
Mergers and acquisitions, and joint ventures
Prior to joining Latham, Diana worked as an associate at a leading Philippine law firm for several years.
Experience
Diana’s experience includes advising:
Philippine Airlines on its inaugural US$300 million 7.75% five-year senior bond offering
MakeMyTrip on its US$3.1 billion convertible notes and primary share offerings, marking APAC’s largest concurrent equity-linked bond and equity follow-on deal since 2022. This transaction was awarded Capital Markets Deal of the Year by India Business Law Journal’s Deals of the Year Awards 2025, and Best Bond Deal: India at the FinanceAsia Achievement Awards 2025
Maynilad Water Services on its PHP 30 billion IPO listed on PSE. This transaction was awarded Capital Markets Deal of the Year at the ALB Philippine Law Awards 2026, Water Deal of the Year (Philippines) at The Asset Triple A Sustainable Infrastructure Finance Awards 2026, Asia-Pacific Water Deal of the Year IJGlobal Awards 2025, Best IPO (Philippines) at The Asset Triple A Awards for Sustainable Finance 2026, and ESG Deal of the Year at the IFR Asia Awards 2025
The joint lead managers on Petron Corporation’s issuance of an aggregate of US$475 million senior perpetual capital securities. This transaction was awarded Best Liability Management (Philippines) at The Asset Triple A Awards for Sustainable Finance 2026, and Philippines Capital Markets Deal of the Year at the IFR Asia Awards2025
Philippine National Bank on its drawdown of US$300 million 4.85% senior notes due 2029 issued pursuant to its US$2 billion medium-term note program. This transaction was awarded Best Sustainability Bond – Financial Institution (Philippines) at The Asset Triple A Awards for Sustainable Finance 2025
SM Investments Corporation and SM Prime Holdings, Inc. on the establishment of their maiden US$3 billion guaranteed euro medium-term note and securities program and the subsequent drawdown of US$500 million 5.375% guaranteed senior unsecured notes due 2029. This transaction was awarded Best Bond – Corporate (Philippines) at The Asset Triple A Awards for Sustainable Finance 2025, and Philippines Capital Markets Deal of the Year at the IFR Asia Awards 2024
Merrill Lynch (Singapore) Pte. Ltd, as initial purchaser, on Nickel Industries’ issuance of US$400 million senior unsecured notes — the first high-yield transaction by an issuer in Southeast Asia in 2023
Synergy Grid & Development Phils. Inc. on its PHP 13.85 billion follow-on offering on Philippine Stock Exchange (PSE)
Robinsons Land Corporation, as sponsor, on RL Commercial REIT Inc.’s PHP 21.5 billion IPO listed on PSE
The underwriters on Filinvest REIT Corp.’s PHP 11.4 billion IPO listed on PSE
Converge Information and Communications Technology Solutions, Inc. on its PHP 29 billion IPO listed on Philippine Stock Exchange, which is the Philippines’ second-largest IPO
The underwriters on AREIT’s PHP 12.3 billion IPO of common shares and secondary offer of common shares listed on Philippine Stock Exchange (PSE), the very first REIT listed on PSE
The underwriters on Petron Corporation’s issuance of US$550 million senior perpetual capital securities
The underwriters on Globe Telecom, Inc.’s issuance US$600 million senior perpetual capital securities
San Miguel Corporation on the establishment of its US$3 billion medium term note and securities program and the initial drawdown of US$500 million senior perpetual securities under the program
SMC Global Power Holdings on its series of senior perpetual securities offerings (US$600 million, US$500 million, and US$800 million) and related liability management exercises
Vista Land and Lifescapes on the establishment and subsequent updates of its US$2 billion medium term note program, the issuance of notes under the program, and related liability management exercises
The underwriters on Jollibee Food Corporation’s maiden US$-denominated offer of US$600 million guaranteed senior perpetual capital securities and subsequent offer of US$300 million 4.125% guaranteed notes due 2026 and US$300 million 4.75% guaranteed notes due 2030
Megaworld Corporation on its offer of US$350 million 4.125% notes due 2027
Aboitiz Equity Ventures on its maiden US$ notes offer of US$400 million 4.20% notes due 2030
AllHome on its US$250 million IPO on PSE
AC Energy on the establishment of its US$1 billion medium term note program and the issuance of US$300 million 4.75% green bonds due 2024 and US$110 million 5.25% green bonds due 2029 under the program
The underwriters on Philippine National Bank’s establishment and subsequent update of its US$2 billion medium term note program and drawdowns of US$300 4.25% notes due 2023 and US$750 million 3.28% notes due 2024 under the program
San Miguel Food and Beverage on its US$637 million follow-on offering on PSE — awarded Best Philippines Deal by FinanceAsia Achievement Awards 2018
The underwriters on the IPO of Shakey’s Pizza Asia Ventures on PSE
The underwriters on the THB 23.5 billion (approximately US$700 million) IPO of Gulf Energy Development Public Company Limited on Stock Exchange of Thailand
Metro Retail Stores Group (Metro Gaisano) on its IPO on PSE
Banpu Power Public Company on its IPO on Stock Exchange of Thailand
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