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MENARA RAJAWALI 16TH FLOOR, JALAN DR IDE ANAK AGUNG GDE AGUNG LOT #5.1, KAWASAN MEGA KUNINGAN, JAKARTA 12950, INDONESIA
Tel:
Work +62 21 2555 7800
Fax:
Fax +62 21 2555 7899
Email:
Web:
www.ahp.co.id

Lawyer rankings

Bono Adji

Tel:
Work +62 21 25557800
Email:
Assegaf Hamzah & Partners

Position

Partner

Career

Bono graduated with a bachelor of law degree from Trisakti University in Jakarta in 1993, before going on to obtain an LL.M from Monash University, Melbourne, Australia, in 1995. He has been practicing law in Indonesia since 1997, focusing on foreign direct investment, mergers and acquisitions, and capital markets. After a brief spell at another of Jakarta’s premier law firms, Bono joined Assegaf Hamzah in 2002, where he quickly developed a reputation for being at the cutting edge of Indonesian commercial law. In the banking and finance arena, Bono earned his spurs during the effort to bring order to the chaos that reigned following the virtual collapse of the Indonesian economy in the wake of the 1997/98 Asian financial crisis. Among the significant mandates he worked on at that time were advising Bank Danamon and the Indonesian Bank Restructuring Agency (IBRA) on the merging of nine major domestic banks that were in danger of imminent collapse. In his capital markets practice, Bono has played an instrumental role in a long list of high-profile public offerings, most recently those of PT Saratoga Investama Sedaya (the first by an Indonesian private equity house), PT Mitra Pinastika Mustika, PT Austindo Nusantara Jaya, PT Provident Agro, rupiah bond issuances by PT Medco Energi Internasional Tbk, PT Garuda Indonesia Tbk, PT Berau Coal Energy Tbk, PT Tower Bersama Infrastructure Tbk, PT Bank Tabungan Negara (Persero) Tbk, PT Elnusa Tbk and PT Bank Tabungan Pensiunan Nasional Tbk, and a series of rupiah and USD bond issuances by PT Indosat Tbk. In the M&A arena, Bono represented PT XLAxiata Tbk in the proposed acquisition of PT Axis Telekom Indonesia, PT Recapital Advisors in its acquisition of a 90% stake in PT Berau Coal, Rabobank Netherlands in its acquisition of PT Bank Haga and PT Bank Hagakita (and the central bank’s related fit-and-proper process), Telenor in its proposed acquisition of a major telecommunications company in Indonesia, PT Excelcomindo Pratama Tbk in its proposed disposal of telecommunications towers, and the Coca Cola Company in its acquisition of PT Ades Waters Indonesia. Meanwhile, in debt restructuring, Bono represented ING as financial adviser in an exchange offer for USD Notes issued by PT Davomas Abadi Tbk. More recently, he advised Baring Private Capital Asia on its acquisition of a 41.65 percent stake in PT Cardig Air Services from PT Menara Nusantara through a call option Bono is a member of the Indonesian Bar Association (Peradi), the member of committee of the Indonesian Capital Market Legal Consultants Association (HKHPM) and the Aviation Law Society (Masyarakat Hukum Udara). International Recognition • Recommended for Capital Markets, Corporate / M&A and Banking & Finance by the Legal 500 • Chambers Asia “Leading Individual” in Capital Markets, Corporate/M&A, and Telecommunications • Recognized as a “Leading Lawyer” in Capital Markets, M&A, Banking, and Restructuring & Insolvency by International Financial Law Review (IFLR)


Indonesia

Capital markets

Within: Leading individuals

Bono Daru Adji - Assegaf Hamzah & Partners

Within: Capital markets

The ‘responsive and timely’ team at Assegaf Hamzah & Partners makes up one of the ‘best Indonesian capital markets’ practices. Headed by Bono Adji, the group is instructed by domestic corporates, such as Garuda Indonesia, and large international institutions including HSBC and Citibank, and has also been involved in some of Indonesia’s largest state enterprise privatisations and sovereign debt issuances. Ahmad Fikri Assegaf is another key partner.

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