Firms To Watch: Banking and finance

Genio Atyanto & Partners has bolstered its banking and finance offering through the hire of Desi Dwitiasrini, who arrived from Ginting & Reksodiputro in association with A&O Shearman in January 2024.

Banking and finance in Indonesia

ABNR Counsellors at Law

The ‘attentive and reliable’ team at ABNR Counsellors at Law covers an impressive range of borrower and lender instructions, showcasing particular strength in greenfield and brownfield energy and infrastructure financings. The firm's roster of clients include major Asian banks, international financial institutions, and investment banks. Practice head Emir Nurmansyah also heads the firm’s project finance and development offering and is noted for his work in the energy, infrastructure and maritime arenas. Ayik Candrawulan Gunadi, Nurdin Adiwibowo and Serafina Muryanti are further key names for projects work and handle greenfield financings and acquisition finance. Ammalia Putri provides financial services regulation compliance expertise, while Monic Devina has recently been active on acquisition finance and M&A in the banking sector. Maher Sasongko continues to be sought out for his broad practice.

Praxisleiter:

Emir Nurmansyah


Weitere Kernanwälte:

Ayik Gunadi; Nurdin Adiwibowo; Serafina Muryanti; Ammalia Putri; Monic Devina; Maher Sasongko


Referenzen

‘Attentive and reliable.’

‘Emir Nurmansyah and his team provide top quality advice and are always pragmatic but never cut corners.’

‘ABNR is my go-to for all aspects of Indonesian banking and finance law.’

Kernmandanten

Credit Suisse


Sumitomo Mitsui Banking Corporation


ING


Natixis


U.S International Development Finance Corporation


The Hongkong and Shanghai Banking Corporation, Singapore Branch


PT Bank DBS Indonesia


Sea Limited


China Development Bank


MUFG Bank Ltd


Kookmin Bank Co., Ltd. Singapore branch


Industrial Bank of Korea


Woori Card Ltd.


Hanwha Life Insurance


Bank of America, N.A.


PT Bank Aladin Syariah


Barclays Bank Plc


PT Bank Tabungan Negara Tbk


PT Bank Artha Graha Tbk


Standard Chartered Bank


International Finance Corporation


World Bank Group


Japan Bank for International Cooperation


Korea Development Bank


The Bank Of TokyoMitsubishi UFJ, Ltd. Jakarta Branch


Asian Development Bank


Australia & New Zealand Banking Group Limited


Highlight-Mandate


  • Advised Goldman Sachs on USD 1.9 Billion financing for Thevelia’s acquisition of Vistra Group.
  • Advised MUFG on USD 1 billion financing for Pertamina’s acquisition of African oil company.
  • Advised Indonesian mining company on USD 480 Million financing for development of nickel smelter.

Ginting & Reksodiputro in association with A&O Shearman

Ginting & Reksodiputro in association with A&O Shearman demonstrates strength across a host of financing mandates, including acquisition and leveraged finance, project finance, refinancing and restructurings, and export credit agency supported finance, amongst others. Whilst the firm operates across a multitude of sectors, it has recently been particularly active in the mining and minerals, real estate and TMT arenas. Daniel Ginting and Tarsis Halintar co-lead the practice, with the former acting for a extensive roster of clients that includes government agencies, state-owned enterprises, and multinational banks, and the latter highly active on infrastructure and natural resources -related transactions. Rivan Supriadi is notably strong acting on restructurings, and Risnan Yosal's practice spans banking and finance and capital markets instructions. Sofie Chandra also comes recommended.

Praxisleiter:

Daniel Ginting; Tarsis Halintar


Weitere Kernanwälte:

Rivan Supriadi; Risnan Yosal; Sofie Chandra


Kernmandanten

PT Bank Mandiri (Persero) Tbk


PT Bank Negara Indonesia (Persero) Tbk


DBS Bank Ltd / PT Bank DBS Indonesia


PT Bank Central Asia Tbk


PT Bank Permata Tbk


PT Bank BTPN Tbk


PT Bank KB Bukopin Tbk


Lembaga Pembiayaan Ekspor Indonesia


Highlight-Mandate


  • Advised DBS and Bank Mandiri on USD and SGD facilities to Taongoa Holdings Pte Ltd to fund the acquisition of Asia Medical Enviro Services, a Singapore-based medical and biohazardous waste management company.
  • Advised Bank Central Asia, Bank Permata and Bank KB Bukopin on an IDR2.755 trillion facility to PT Starone Mitra Telekomunikasi to acquire 53 data centre assets across Indonesia from PT Indosat Tbk.
  • Advised the mandated lead arrangers on an USD750 million multi-tranche syndicated facility to PT Amman Mineral Nusa Tenggara for the development of the Batu Hijau copper and goldmine.

Hadiputranto, Hadinoto & Partners

Handling innovative products for clients including green syndicated facilities, sustainability-linked loans, and Islamic facilities, Hadiputranto, Hadinoto & Partners demonstrates expertise across an array of transactions. The firm’s bench of sector specialists are all proficient cross-border advisers and act on both borrower and lender-side transactions, with growing activity in the fintech and e-commerce arenas. Erwandi Hendarta heads the group and is one of the market’s most experienced names, utilising previous in-house experience as a banking regulator and investment banker to comprehensively guide clients through transactions. Mahardikha Sardjana  compliments her finance practice with expert M&A skill in the banking sector. Eddie Dewanda is praised for his ability to ‘advise on complex multidisciplinary matters’.

Praxisleiter:

Erwandi Hendarta


Weitere Kernanwälte:

Mahardikha Sardjana; Eddie Dewanda; Indri Pramitaswari (Mita) Guritno


Referenzen

‘Ability to meet requirements of international standards. ’

‘Eddie Dewanda is able to advise on complex multidisciplinary matters.’

‘HHP is one of the most reputable law firms in Indonesia and able to maintain its credibility and top reputation for a very long time.’

Kernmandanten

PT Perusahaan Listrik Negara (Persero)


PT Bank Mandiri Indonesia (Persero)


PT Bank Rakyat Indonesia (Persero)


PT Bank Woori Saudara Indonesia 1906 Tbk


PT Bank Nationalnobu Tbk


PT Bank Syariah Indonesia Tbk


Lembaga Pembiayaan Ekspor Indonesia


Medco Energi Internasional, Tbk.


PT Putragaya Wahana


MUFG Bank, Ltd.


PT Adira Dinamika Multi Finance Tbk


PT Bank BTPN Tbk


Standard Chartered Bank


Home Credit Indonesia BV


Sumitomo Mitsui Banking Corporation, Singapore Branch


Bank of Singapore Limited


The Hongkong and Shanghai Banking Corporation, Singapore Branch


PT Bank Central Asia Tbk


PT Bank Negara Indonesia (Persero) Tbk


PT Bank Permata Tbk


Highlight-Mandate


  • Represented Indonesian financial institutions PT Perusahaan Listrik Negara (Persero) in its first local green syndicated loan (comprises of conventional facility and musyarakah facility).
  • Represented Indonesian financial institutions (PT Bank Mandiri (Persero) Tbk, PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Woori Saudara Indonesia 1906 Tbk and PT Bank Nationalnobu Tbk as conventional lenders, and PT Bank Syariah Indonesia Tbk and Lembaga Pembiayaan Ekspor Indonesia as sharia lenders) in USD 365 million (comprises of USD285,300,000 conventional facility and USD 79,700,000 MMQ facility) to PT Archi IndonesiaTbk, PT Meares Soputan Mining and PT Tambang Tondano Nusajaya (“Borrowers”) as members of Rajawali Group.
  • Advised the bank group on a USD 700million sustainability-linked syndicated term loan facility for PT Sarana Multi Infrastruktur (Persero), a state-owned enterprise under Indonesia’s Ministry of Finance.

Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills

Helming high-profile deals for a mix of leading industry players, Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills is active across the full spectrum of financing transactions with a particularly robust restructuring and refinancing practice. The energy, infrastructure and natural resources industries continue to be at the forefront of the firm’s sector focus and leverages its network of law alliance partners to advise on cross-border, pan-Asian projects. Tjahjadi Bunjamin helms the team and is a go-to by a variety of corporates and multinational financial institutions. Co-head Adrianus Adritomo is noted for the breadth of his practice and provides trusted counsel to major banks in Indonesia, Taiwan, Singapore and China, amongst others. Giovanna Nicky R and Hanny support on an array of financings. Rahmellya Sari joined from Adivira Capital in August 2023.

Praxisleiter:

Tjahjadi Bunjamin; Adrianus Adritomo


Weitere Kernanwälte:

Giovanna Nicky R; Hanny; Rahmellya Sari


Referenzen

‘Hiswara Bunjamin & Tandjung’s banking and finance team is very professional in handling financing projects. Their capabilities to understand and accommodate the parties’ needs throughout the projects are remarkable. They are very informative and reliable to work within the desired timeline.’

‘Giovanna Nicky R is very reliable and helpful in handling financing projects. She could lead her team very well to deliver and accomplish the targeted timeline.’

‘The HBT team consists of lawyers who are very professional and responsive in providing legal services and can handle legal aspects in the field of relevant project financing.’

Kernmandanten

Bank Mandiri


Bank Negara Indonesia


Indonesia Investment Authority


Bank Central Asia


Highlight-Mandate


  • Advised Indonesia Investment Authority consortium on the US$385 million refinancing of existing facilities to state-owned construction company PT Hutama Karya (Persero) from syndicated local banks for the Trans-Sumatra Toll Road.
  • Advised PT Bank Mandiri (Persero) Tbk, PT Bank Central Asia Tbk, and PT Bank Negara Indonesia (Persero) Tbk. on a IDR3.5 trillion facility granted to PT Petrindo Jaya Kreasi Tbk and PT Mareta Persada.

Oentoeng Suria & Partners in association with Ashurst

Oentoeng Suria & Partners in association with Ashurst is well known for its expertise in the energy and infrastructure space, acting for some of the market’s foremost lenders on multi-billion dollar project financings and debt financings. The team also works closely with its counterparts in Singapore, Beijing, Hong Kong and Sydney when handling outbound transactions in Indonesia, possessing a strong track record advising Chinese investors. Rizaldy Tauhid heads up the team and has a practice that largely concentrates on projects and infrastructure, often working closely with Frédéric Draps who shares a similar practice. Chandra Setyabrata has a wealth of experience advising domestic and overseas banks on general lending, project finance and acquisition finance.

Praxisleiter:

Rizaldy Tauhid


Weitere Kernanwälte:

Frédéric Draps; Chandra Setyabrata


Kernmandanten

China Development Bank


China Construction Bank


Bank of China


PT Bank Negara Indonesia (Persero) Tbk


DBS Bank Ltd


PT Bank Mandiri (Persero) Tbk


PT Bank Central Asia Tbk


PT Bank Rakyat Indonesia (Persero) Tbk


PT Bank BTPN Tbk


Indonesia Eximbank


PT Pertamina Hulu Energi


Bank of East Asia (China) Limited


SMBC Singapore Branch


PT Halmahera Jaya Feronikel


PT Sarana Multi Infrastruktur (Persero)


PT Indonesia Infrastructure Finance


PT Krakatau Steel (Persero) Tbk


Highlight-Mandate


  • Advising China Development Bank on the Jakarta-Bandung High Speed Rail Project.
  • Advised lenders in IDR9.3 trillion approx. project financing transaction to PT Pupuk Sriwidjaja for the development of fertilizer production facility in South Sumatera known as Pusri III-B Project.
  • Acted as lenders’ legal counsel in Rp31 trillion financing transaction to PT Perkebunan Nusantara III and its subsidiaries to refinance the existing restructured debt of PTPN 3 Group.

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners deals with a wide scope of banking and finance matters, with clients that include government agencies, financial institutions, and financial services regulators. The firm also has a growing body of work in the fintech space, advising start-ups, established players and financial institutions on transactions, business expansions, and regulatory support. Team head Indira Yustikania is the main driver behind these fintech transactions, while co-head Kanya Satwika focuses on the energy and infrastructure sectors. Harun Ngantung has a broad remit that includes refinancings, leveraged finance and structured finance. Tracy Tania is a proficient cross-border adviser.

Praxisleiter:

Kanya Satwika; Indira Yustikania


Weitere Kernanwälte:

Harun Ngantung; Tracy Tania


Referenzen

‘The teams I work with are very responsive and their advice is practical.’

‘Tracy Tania is very responsive and provides succinct information on an urgent basis. Her team’s coordination with the Indonesia stakeholders provides much needed support from our perspective.’

Kernmandanten

PT Sarana Multi Infrastruktur (Persero)


PT Bank Mandiri (Persero) Tbk.


PT Bank Mandiri (Persero) Tbk,


Bangkok Bank Public Company Limited


Baring Private Equity Asia EQT


PT Bank OCBC NISP Tbk


Asian Development Bank


PT Bank BTPN Tbk.


PT Bank Central Asia Tbk.


PT Bank Negara Indonesia (Persero) Tbk.


PT Bank Rakyat Indonesia (Persero) Tbk.


PT Bank Muamalat Indonesia Tbk.


PT Bank Danamon Indonesia Tbk.


PT Bank CIMB Niaga Tbk.


PT Bank Jago Tbk.


PT Bank DBS Indonesia


PT Bank Maybank Indonesia Tbk.


BNP Paribas


ABN Amro Bank N.V., Singapore Branch


Abu Dhabi Commercial Bank PJSC


Overseas-Chinese Banking Corporation Ltd


PT Fintek Karya Nusantara


PT GoTo Gojek Tokopedia Tbk.


PT Medco Energi Internasional Tbk.


PT Indonesia Infrastructure Finance


PT Sarana Multi Infrastruktur (Persero)


PT Satelit Nusantara Lima


PT Kereta Api Indonesia (Persero)


PT Kereta Cepat Indonesia China


Abu Dhabi Future Energy Company


PT Merdeka Copper Gold Tbk.


PT Astra International Tbk.


BlackRock


Indonesia Investment Authority


Allianz Global Investors


OCA Credit


Silk Road Fund


GIC


PT Bank Mandiri (Persero) Tbk,


Highlight-Mandate


  • Advised PT Sarana Multi Infrastruktur (Persero) on obtaining a USD700 million sustainability-linked syndicated term loan facility, incorporating ESG performance metrics to support sustainable infrastructure development in Indonesia.
  • Advised PT Bank Mandiri (Persero) Tbk, (Singapore Branch) on a US$220 million term loan facility to Geo Energy Resources Limited and affiliates, involving cross-border transactions and APLMA format documentation.
  • Advised OCBC on its acquisition of 100% shares in PT Bank Commonwealth from Commonwealth Bank of Australia and minority shareholders, with subsequent integration into OCBC Indonesia, supporting banking consolidation in Indonesia.

Makarim & Taira S.

Lauded as ‘one of the leading law firms in Indonesia', Makarim & Taira S. is frequently sought out by both financiers and borrowers on domestic and cross-border transactions. The team stands out for its strength in both project finance and financial services regulation, forming a core part of its well-rounded practice. Department head Maria Sagrado excels at structuring foreign investment, working closely with clients from jurisdictions such as China, Singapore, the US and the UK. Co-head Frederick Simanjuntak is a seasoned adviser and acts on major financings in the projects and aviation spaces. Stephanie Kandou's practice includes complex finance, capital markets and foreign investment transactions. Lebdo Paripurno also comes recommended.

Praxisleiter:

Maria Sagrado; Frederick Simanjuntak


Weitere Kernanwälte:

Stephanie Kandou; Lebdo Paripurno


Referenzen

‘The team can rapidly familiarise itself with the internal policy requirements, work habits, and pace of various banking clients. At the same time, they exhibit flexibility in their work style and methods, and are able to provide effective strategies and solutions for problems encountered in the transactions.’

‘The team has a well structured composition, and through effective management of business processes, they can efficiently assign appropriate team members to complete complex tasks.’

‘Makarim & Taira S. is one of the leading law firms in Indonesia. It combines a deep understanding of the law with a deep understanding of all relevant areas of industry.’

Kernmandanten

PT Asianet Media Teknologi


I Squared Capital


PT Bank Sahabat Sampoerna


Highlight-Mandate


  • Advising PT AMT on entering into an asset purchase agreement with PT MNC Kabel Mediacom to acquire its fiber optic assets.
  • Advising DFC who has provided a loan guarantee for BSS’s loan portfolio, specifically targeting micro, small and medium enterprise customer loans.

TNB & Partners in association with Norton Rose Fulbright

TNB & Partners in association with Norton Rose Fulbright covers an extensive range of banking and finance-related matters, including project finance, debt finance, amendment and restatements, and refinancings. The firm often operates from a lenders perspective and advises an extensive roster of commercial banks across Asia such as United Overseas Bank, Bangkok Bank Public Company, and DBS Bank. Helming the team is Tasdikiah Siregar, who combines her transactional expertise with astute knowledge of financial services regulation and is active across multiple sectors. Wira Saputra and Merlyn Margaretha also come recommended.

Praxisleiter:

Tasdikiah Siregar


Weitere Kernanwälte:

Wira Saputra; Merlyn Margaretha


Kernmandanten

Bangkok Bank Public Company Limited


DBS Bank Ltd.


PT Medco Cahaya Geothermal


Standard Chartered Bank


United Overseas Bank Limited


Highlight-Mandate


  • Advised PT Medco Cahaya Geothermal, Medco Power and an USA based renewables energy company, in a club deal financing of the 110MW geothermal power plant in East Java granted by PT Sarana Multi Infrastruktur (Persero) and United States International Development Finance Corporation.
  • Advised a group of lenders on the US$250,000,000 amendment and restatement single currency revolving facility to PT Harum Energy Tbk.
  • Advised Voyager Aviation, Azorra and UMB Bank in an Airbus A320 aircraft transfer and delivery to PT Batik Air Indonesia.

Widyawan & Partners

With deep expertise in advising domestic and multinational banks, investment banks, financial sponsors, and funds, Widyawan & Partners frequently handles complex transactions across a variety of industries, with a particular focus on energy, infrastructure, and transport-related deals. Adrian Pranata, who is praised for ‘his depth of experience in local lending markets and knowledge of borrowers’, covers the full gamut of banking and finance mandates. Co-head David Holme is chiefly recognised for his project finance work in the energy and infrastructure sectors. Lewi Aga Basoeki joined from Ginting & Reksodiputro in association with A&O Shearman in October 2023.

Praxisleiter:

Adrian Pranata; David Holme


Weitere Kernanwälte:

Lewi Aga Basoeki


Referenzen

‘Adrian Pranata stands head and shoulders above his peers in the Indonesian banking and private credit market with his depth of experience in local lending markets and knowledge of borrowers/promoters. He is our “go-to” lawyer in a complex market.’

Kernmandanten

PT. Bank Negara Indonesia (Persero)


PT Perusahaan Gas Negara Tbk


United Overseas Bank Limited / PT Bank UOB Indonesia


PT Jawa Satu Power and PT Jawa Satu Regas


Highlight-Mandate


  • Advised PT Bank Mandiri (Persero) Tbk, PT Bank Negara Indonesia (Persero) Tbk and PT Sarana Multi Infrastruktur as mandated lead arrangers in connection with refinancing of Kanci-Pejagan toll road and Pejagan-Pemalang toll road.
  • Acted as Indonesian legal adviser to PT Perusahaan Gas Negara Tbk in connection withUS$800m unsecured term loan facilities.
  • Advised United Overseas Bank Limited and PT Bank UOB Indonesia as arrangers in relation to multiple currencies Green Loan Facilities granted to PT Putragaya Wahana.

Hanafiah Ponggawa & Partners – Dentons HPRP

Hanafiah Ponggawa & Partners – Dentons HPRP has an extensive track record in the aviation sector, working with a cohort of lenders, lessors and borrowers on complex transactions. The firm also has an established financial services regulatory offering, advising clients on new banking products and developing banking services. Team lead Fabiola Hutagalung is a highly experienced finance partner who handles a steady stream of cross-border transactions. Co-head Erwin Kurnia Winenda handles a wide array of financial products, both conventional and Islamic, and fellow co-head Michael Kaihatu acts for a wealth of government institutions and state-owned companies.

Praxisleiter:

Fabiola Hutagalung; Erwin Kurnia Winenda; Michael Kaihatu


Kernmandanten

T Bank Danamon Indonesia Tbk


OCBC Bank


AerCap


Lending Ark and CLSA Capital Partners


United Overseas Bank Limited


Apple Bank / AirFinance


Textron Financial Corporation


Makes & Partners

Makes & Partners represents a diverse range of clients, including Asian banks, state-owned banks, foreign exchange banks, and state-backed non-banking financial institutions. The firm showcases strong expertise in various financing transactions, with a particularly well-established capital markets practice. Yozua Makes leads the team and has an extensive domestic and cross-border practice that focuses on general lending, project finance and foreign investment matters, while co-head Fransisca has a strong track record in the real estate sector. Angela Epiphani Reformanda provides further real estate financing capabilities.

Praxisleiter:

Yozua Makes; Fransisca


Weitere Kernanwälte:

Angela Epiphani Reformanda


Kernmandanten

PT Plaza Indonesia Realty Tbk


PT Summarecon Agung Tbk


PT Agung Podomoro Land Tbk


PT Soechi Lines Tbk


PT Bundamedik Tbk


PT Lippo Karawaci Tbk


PT Samator Indo Gas Tbk


Lippo Mall Indonesia Retail Trust


PT Bank Mandiri (Persero) Tbk


PT Bank Victoria International Tbk


Highlight-Mandate


  • Assisted PT Lippo Karawaci Tbk. in securing a syndicated loan facility from PT Bank Negara Indonesia (Persero) Tbk and PT Bank CIMB Niaga Tbk, totaling up to IDR 6,000,000,000,000.
  • Assisted Bank Mandiri in the issuance of shelf/continuous green bonds offering with a maximum target of principal amount of IDR10,000,000,000,000 and medium-term notes with a maximum target of principal amount of USD678,272,484.
  • Assisted PT Agung Podomoro Land Tbk. in obtaining an additional loan facility from PT Bank Danamon Indonesia Tbk for the proposed sale of assets owned by the Client and its subsidiaries with the total value of IDR2,950,000,000,000.

SSEK Law Firm

‘Solution-oriented and willing to go extra mile’, SSEK Law Firm stands out in the market for the strength of its financial services regulatory offering, handling instructions pertaining to online payment platforms, social security programs, and establishing crypto platforms in line with Indonesian regime. The firm also has a well established insurance practice, which is a core part of team head Ira Eddymurthy’s remit of work alongside project finance and foreign investment. Winnie Rolindrawan is well versed in fintech-related transactions. Maria Yudhitama Eka Dewi is another name for insurance work.

Praxisleiter:

Ira Eddymurthy


Weitere Kernanwälte:

Winnie Rolindrawan; Maria Yudhitama Eka Dewi; Denny Rahmansyah


Referenzen

‘They are solution-oriented and willing to go extra mile. Always ready for discussions.’

‘Denny Rahmansyah has the profound knowledge and experience in solution and work around to make a transaction document legally aligned with how a deal is structured. He also always caters for inquiries promptly or as early as possible when he is available.’

Kernmandanten

Mastercard


Western Union


Prudential


Bank Index


Bank Bukopin


Highlight-Mandate


  • Acted as Indonesian counsel to Euronet Worldwide in the cross-border acquisition of Infinitium Holdings Pte. Ltd., a leading digital payments company in Southeast Asia, and its seven group companies in Indonesia, Singapore and Malaysia.
  • Advised a leading online travel agency on questions regarding the proposed sale of ancillary and non-ancillary insurance products in Indonesia through the client’s website.
  • Advised Tokushukai Medical Group on the financing for the establishment and construction of a cardiovascular centre in Jakarta.

TnP Law Firm

TnP Law Firm is recognised for providing ‘practical and supportive advice' to both lenders and borrowers, leveraging its broad expertise in banking and finance. The firm has recently advised on various matters, including general lending, sustainability-linked loans, Islamic financing, and financial services regulatory support. The team is led by Rambun Tjajo, known for his transactional acumen and deep knowledge of the energy, infrastructure, and TMT sectors. Co-head Melissa Butarbutar focuses on project finance, debt financing, and restructurings, while Ken Prasadtyo‘s practice spans banking and finance, capital markets, and regulatory matters.

Praxisleiter:

Rambun Tjajo; Melissa Butarbutar


Weitere Kernanwälte:

Ken Prasadtyo


Referenzen

‘TnP Law Firm’s advice is very practical and supportive for clients. TnP Law Firm is always reachable and prompt to respond whenever needed.’

Kernmandanten

PT Semen Indonesia (Persero) Tbk


PT Grab Teknologi Indonesia


PT Danareksa (Persero)


PT Perusahaan Pengelola Aset


PT Buana Lintas Lautan Tbk


PT Bank Mayora


PT Bank Negara Indonesia (Persero) Tbk


PT Semen Baturaja (Persero) Tbk


Bahana Kapital Investama/BPUI


GMF Aero Asia (Garuda)


PT Pelabuhan Indonesia (Persero)


Highlight-Mandate


  • Representing Mayora Group in the acquisition of PT Bank Mayora, by PT Bank Negara Indonesia Tbk.
  • Representing both PT Semen Indonesia (Persero) Tbk and PT Solusi Bangun Indonesia Tbk on USD 460 Million Sustainability Linked Loan Credit Agreement with twelve banks to support realizing commitment to Environmental, Social, and Governance implementation.
  • Representing PT Perusahaan Pengelola Aset in the Completion of Facility financing in order to restore its existing fleet and grow the number amidst the company’s restructuring program for Garuda Indonesia, the national airline of Indonesia.

UMBRA – Strategic Legal Solutions

UMBRA – Strategic Legal Solutions has an extensive track record in the energy and infrastructure sectors, working with a cohort of funders and borrowers on high-value, complex project financings. The firm is also revered for its work with tech-related clients and start-ups, often acting for impact-focused, tech-enabled investors on debt finance. Spearheading the firm’s offering is Putu Raditya Nugraha, whose far-reaching practice is largely concentrated on tech, fintech and financial services. Jesseline Tiopan is a supporting presence across the full range of client instructions.

Praxisleiter:

Putu Raditya Nugraha


Weitere Kernanwälte:

Jesseline Tiopan


Referenzen

‘UMBRA team’s primary strength is their excellence in providing high-quality legal service. We especially impressed by UMBRA’s availability and fast response time, which shows that the UMBRA team is dedicated in providing top-of-the line service.’

‘Putu Raditya Nugraha’s and his team’s ability to provide exceptional and comprehensive solution-oriented proposals on an impromptu basis during negotiations evidenced that he shows a strong mastery of not only the legal knowledge needed in the transaction but also the commercial nature of the transactions he is involved in.’

‘We are impressed by associate Jesseline Tiopan for her responsiveness and availability throughout the deal.’

Kernmandanten

PT Energi Listrik Batam


PT Kita Bisa Indonesia


PT Sarana Multi Infrastruktur (Persero)


PT Pertamina EP Cepu


PT Indonesia Ferry Property


PT Celebes Railway Indonesia


PT TBS Energi Utama Tbk.


IVM Group, LLC (Intudo Ventures)


Highlight-Mandate


  • Represent PT Energi Listrik Batam in obtaining sharia financing facilities from PT Bank Syariah Indonesia Tbk to refinance and add a construction of a Combined-Cycle Power Plant at Tanjung Uncang, Batam.
  • Representing PT Sarana Multi Infrastruktur  in The Development and Financing of 55 MW Ijen Geothermal Power Plant in East Java.
  • Represents PT Indonesia Ferry Property, in the USD63,625,000 project financing provided by Bank Central Asia and Indonesia Eximbank for the development of an integrated tourism complex.

Witara Cakra Advocates (WCA) in exclusive association with White & Case LLP Indonesia

Witara Cakra Advocates (WCA) in exclusive association with White & Case LLP Indonesia has strengthened its banking and finance offering through the hire of Cindy Riswantyo in October 2023, who joins from Ginting & Reksodiputro in association with A&O Shearman and has a wealth of experience in project finance, debt finance, restructurings and refinancings. Riswantyo acts as team head in the department that includes Theresia Carolina, a proficient cross-border adviser who has an extensive borrower and lenders practice, and Justin Nurdiansyah who acts for lenders and sponsors in the energy, infrastructure and natural resources sectors. Fajar Ramadhan left the firm in February 2024 and founded ALTA Advocates.

Praxisleiter:

Cindy Riswantyo


Weitere Kernanwälte:

Theresia Carolina; Justin Nurdiansyah


Referenzen

‘They bring highly experienced people to the team, fostering a new culture of excellence and innovation.’

‘Solution oriented, fun to work with, fast and meet all the deadlines.’

Kernmandanten

Indonesia Investment Authority


PT Pelabuhan Patimban Indonesia


MUFG


HSBC Corporation Limited


Asian Development Bank


PT Bank Negara Indonesia (Persero) Tbk


PT Bank Mandiri (Persero) Tbk


BNP Paribas


Natixis


UBS


Highlight-Mandate


Hutabarat Halim & Rekan

Hutabarat Halim & Rekan plays a key role as local counsel on significant cross-border transactions and as lead counsel on general lending, project finance, and restructuring matters. Nini Halim heads the team, offering expertise in foreign investment, regulatory, and compliance issues. Co-heads Rosna Chung and Bunga Wijayanti provide counsel to a range of lenders and borrowers on transactions and restructurings, with notable experience in both inbound and outbound financings.

Praxisleiter:

Nini Halim; Rosna Chung; Bunga Wijayanti


Referenzen

‘Rosna Chung is customer friendly and provides advice in the interest of the customer.’

‘Always providing a fast delivery service.’

IABF Law Firm (IABF)

IABF Law Firm (IABF) advises on a wide range of financing mandates and works with a number of domestic and multinational asset managers, building societies and private banks, and regulators and professional services. Team head Ivan Baely is active across general lending, banking debt restructurings, and foreign investment. Almaida Askandar focuses on capital markets and securities. Robert Hasan is well versed in TMT and banking transactions, and Tubagus Bambang Chaeruman also comes recommended.

Praxisleiter:

Ivan Baely


Weitere Kernanwälte:

Almaida Askandar; Robert Hasan; Tubagus Bambang Chaeruman


Kernmandanten

PT Angkasa Pura II


PT KGI Sekuritas Indonesia


Chailease International Financial Services


Highlight-Mandate


  • Assisting PT Angkasa Pura II (Persero) in restructuring its financial portfolio.
  • Assisting PT Angkasa Pura II (Persero) in the execution of an addendum to the Musyarakah Financing Agreement with PT Bank Maybank Indonesia Tbk for the increase in bank capital for financing.
  • Providing legal advice to PT KGI Sekuritas Indonesia in connection with closed-loop share financing scheme between 4 companies as a private and public company.

Soemadipradja & Taher

Soemadipradja & Taher advises a range of borrowers and lenders on finance structuring and regulatory compliance, with a growing body of work pertaining to emerging sectors and products such as fintech and cryptocurrency. Group lead Retno Muljosantoso has a broad offering that includes both conventional and Islamic financing. Co-head Emalia Achmadi advises financial institutions on regulatory and compliance matter, and co-head Denia Isetianti Permata is a go-to for cross-border transactions.

Praxisleiter:

Retno Muljosantoso; Emalia Achmadi; Denia Isetianti Permata


Walalangi & Partners in association with Nishimura & Asahi

Praised for its ‘deep understanding of regulatory frameworks and their proactive approach to staying ahead of regulatory changes’, Walalangi & Partners in association with Nishimura & Asahi works for an enviable list of banks and financial institutions on transactions, regulatory and compliance mandates. Luky Walalangi demonstrates a ‘keen understanding of complex legal issues and delivering innovative solutions’ leverages over two decades of market experience to competently counsel clients. Miriam Andreta is active on a range of domestic and cross-border transactions, while Hans Adiputra Kurniawan is particularly skilled in the real estate and TMT arenas.

Praxisleiter:

Luky Walalangi


Weitere Kernanwälte:

Miriam Andreta; Hans Adiputra Kurniawan


Referenzen

‘What makes Walalangi & Partners unique is their deep understanding of regulatory frameworks and their proactive approach to staying ahead of regulatory changes. Walalangi & Partners has a strong network with the regulators, including the Indonesian Financial Services Agencies and Bank Indonesia.’

‘Luky Walalangi possesses deep knowledge and proficiency in banking and finance, demonstrating a keen understanding of complex legal issues and delivering innovative solutions. Luky also excels in fostering collaboration among colleagues, leveraging diverse perspectives to achieve successful outcomes for clients.’

Kernmandanten

Accura Law Firm


AEL Indonesia


Airbus


Aramis Societe d’Avocats


Bank of Ayudhya Thailand


Berlian Sistem Informasi, PT


Buana Gemah Ripah


Casio Co., Ltd.


Daiwa


DeClout


Dharma Tatemono Property, PT


Dharma Tatemono Residences, PT


Dhost Telekomunikasi Nusantara


Diamond Development Indonesia, PT


Digital Payments Holdings, Pe., Ltd.


Electrolux Indonesia, PT


Essex Bio – Technology Limited


GCP Applied Technologies Indonesia, PT


Google Inc.


Google Indonesia


GS Yuasa Corporation


Hankyu Hanshin Properties Corp.


Haseko Corporation


Hino Motors


Hitachi Transport System, Ltd.


Home Credit Indonesia


Idemitsu Corporation


Idemitsu Kosan, Co., Ltd.


Idemitsu Lube Indonesia, PT


Idemitsu Lube Techno Indonesia, PT


Inabata Indonesia


Indonesia Investment Authority


Indonesian Defence and Security Technologies, PT


Indonesia Steel Tube Works, PT


INPEX


Iron Mountain Inc.


Itochu Corporation


Itochu Indonesia, PT


Itochu Singapore, Pte., Ltd.


Japan Asia Medical Investment Corporation


KDDI Corporation


Kerry Ingredients Indonesia


Krakatau Osaka Steel


Krama Yudha Ratu Motor, PT


Krama Yudha Tiga Berlian Motor


Kobelco Group


LAPI Laboratories, PT


Limes Renewable Energy S.R.L


Lian Lian Global


LIN


Lotte Co., Ltd.


Marubeni Corporation


MDI Ventures


Mercedez Benz AG


Metal One Corporation


Metra Digital Inovasi Venture


Mitsubishi Corporation


Mitsubishi Corporation Life Science Limited


Mitsubishi Corporation LT., Inc.


Mitsubishi Corporation Trading Indonesia, PT


Mitsubishi Corporation Urban Development Indonesia, PT


Mitsubishi UFJ Lease & Finance


Mitsui & Co., Ltd.


Mitsui & Co Global Logistics, Ltd.


Mitsui Energy Trading Singapore


Mitsui Indonesia, PT


Mizuho Bank, Ltd.


Mobilitas Digital Indonesia, PT


MUFG Bank


NAP Info Lintas Nusa, PT


Nippon Steel Corporation


Orient Corp.


Osaka Steel Corporation


Otsuka Holdings Co., Ltd.


OY! Indonesia


Penske Truck Leasing


Properti Solusi Manajemen


Realfood Karya Indonesia, PT.


Resona Bank, Japan


Resona Indonesia Finance, PT


Roblox


Saint-Gobain Indonesia subsidiaries


Saison Modern Finance, PT


Sinar Mas Digital Ventures


SMBC Nikko Securities Inc.


Squire Patton Boggs Singapore LLP


Sustainable Battery Holdings, Co., Ltd.


Terraformation Inc.


TIS Inc.


Tokyo Gas Corporation


Tokyo Tatemono


Toyota Tsusho Corporation


Toyota Tsusho Indonesia


TREC, PT


TTLR, PT


United Steel Center Indonesia


Yamaha Motor, Co., Ltd.


Yamaha Music Indonesia, PT


Highlight-Mandate


  • Legal counsel to Mitsubishi UFJ Financial Group, Inc. and Bank of Ayudhya Public Company Limited in their EUR 596 million or USD 641 million financing and acquisition of subsidiaries of Home Credit B.V.
  • Legal counsel to Tokyo Tatemono Co. Ltd. and its subsidiary, Tokyo Tatemono Asia Pte. Ltd., in of IDR 1,457,000,000,000 loan restructuring of their Indonesian subsidiaries.
  • Legal counsel to MUFG Bank Ltd. in its financing and acquisition of PT Mandala Multifinance Tbk, a prominent multi-finance entity in Indonesia catering primarily to the unbanked and underbanked.

William Hendrik & Siregar Djojonegoro (WH&SD)

A firm with ‘strong knowledge and expertise in complex, structured financing transaction’, William Hendrik & Siregar Djojonegoro (WH&SD) acts for a number of banks, financial sponsors, and corporates on transactions, financial services regulation, and restructurings. Zippora Siregar heads up the practice and has recently been involved on an array of mandates including real estate financings, project financings, and club deal loans. Stefy Yully Nataly supports across the full range of department mandates.

Praxisleiter:

Zippora Siregar


Weitere Kernanwälte:

Stefy Yully Nataly


Referenzen

‘The firm has a commendable team with strong knowledge and expertise in complex, structured financing transactions. In addition, the team is well supported by other team members’ within the firm, so that a complete solution to the financing, if ever be required, can be readily available.’

‘Zippora Siregar has established her solid reputation in terms of getting the deal done, and more importantly, her advice is well sought by the engaging party due to long practice and experience in the banking and finance sector. Easy to reach and has strong communication skills.’

‘The HBT team consists of lawyers who are very professional and responsive in providing legal services and can handle legal aspects in the field of relevant project financing.’

Kernmandanten

Lembaga Pembiayaan Ekspor Indonesia


PT Bank Central Asia, Tbk


PT Indonesia Asahan Aluminium


PT Mineral Industri Indonesia


PT Indonesia International Automotive Proving Ground


Highlight-Mandate


  • Assisted MIND ID in the novation process of all of its existing loan agreements due to the establishment of State-Owned Enterprises holding company for mining industry.
  • Represented Lembaga Pembiayaan Ekspor Indonesia and PT Bank Central Asia Tbk. in the proposed financing of a new development of hotel, marine ports, and commercial area at Kawasan Marina Labuan Bajo
  • Representing PT Indonesia International Automotive Proving Ground in the proposed syndicated financing from Japan Bank International Cooperation and commercial banks.