Assegaf Hamzah & Partners handles high-value and high-profile capital markets deals for companies, underwriters, financial institutions, and investment banks, advising on domestic and international public and private debt and equity offerings. Practice head Putu Suryastuti has over 20 years’ experience of IPOs, secondary offerings and private placements, with a focus on the financial services, telecoms, aviation and manufacturing sectors. Managing partner Bono Daru Adji is also active in the team alongside co-founder Ahmad Fikri Assegaf, who has 25 years’ experience in capital markets transactions. Mohammad Renaldi Zulkarnain is experienced in commercial and securities regulation, and senior associate Astrid Widyakartika left in July 2021 for an in-house role at the Indonesia Investment Authority.

Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills acts for foreign arrangers and underwriters on both onshore and offshore components of capital markets offerings and public M&A. The practice is well-placed to handle cross-border deals by virtue of the Herbert Smith Freehills international network and has strong relationships with domestic issuers, which it advises on IPOs and rights issues. The team is jointly led by David Dawborn, Tjahjadi Bunjamin and Viska Kharisma Fajarwati; Dawborn is well-versed in cross-border securities transactions, while Bunjamin acts for multinational financial institutions and leading domestic companies on capital markets and financing transactions; Fajarwati is active in the banking, fintech and manufacturing sectors.

Makes & Partners advises clients on the full life cycle of transactions, including IPOs and M&A. The firm has strong relationships with government and regulatory authorities, enabling it to handle merger transactions in highly regulated sectors with ease. The team is led by Iwan Setiawan, Bernardus Billy, Yozua Makes and Antonius Setianto. Setiawan is chairman of the Indonesian Capital Markets Legal Consultants Association (HKHPM) and has been leading the firm’s practice for 25 years. Founding partner Makes has over 30 years’ experience in capital markets and is no stranger to cross-border transactions, while Billy handles both equity and debt capital market deals, and acts for issuers and underwriters.

With Kristo Molina at the helm, Witara Cakra Advocates (WCA) in exclusive association with White & Case LLP Indonesia continues to act for leading financial institutions and corporates on IPOs, rights issues, notes offering, M&A and regulatory matters. It acts for issuers and underwriters, and has considerable experience in cross-border transactions, working closely with the White & Case international network. Molina is supported by Fajar Ramadhan, who is recommended for international bond offerings, debt financings, debt restructurings and project finance.

ABNR Counsellors at Law advises Indonesian companies and multinational corporations on foreign and domestic debt and equity offerings. It acts for issuers and arrangers/underwriters on IPOs and secondary offerings, private placements, and medium- and long-term debt offerings, as well as sovereign bond issuances. Chandrawati Dewi heads the practice and focuses on M&A, foreign direct investment (FDI), competition and antitrust, and capital markets. Rita Taufik is another key practitioner, who is active in the financial services, manufacturing, consumer goods, and oil and gas sectors.

As part of the Dentons network, Hanafiah Ponggawa & Partners – Dentons HPRP is well-equipped to advise on large cross-border transactions for high-profile clients. In addition to its transactional expertise, the practice also advises on contentious matters, such disputes and capital markets arbitration, and is led by Erwin Kurnia Winenda, Fabiola Hutagalung, Michael Kaihatu and Chadri Jurnalis. Winenda has over 20 years’ experience in domestic and international transactions and is recommended for IPOs, bond offerings and rights issues, among other areas.

Nasoetion & Atyanto advises publicly listed companies on advisory, compliance, and transactional issues, and is well-versed in dealing with regulators. Genio Atyanto heads the team and offers clients experience in IPOs, rights issues and bond issuances.

The capital markets team at Soemadipradja & Taher has notable experience of IPOs, and the issuance of rights, bonds and warrants across a range of sectors, including banking and finance, automotive, telecoms, and oil and gas. The practice is jointly led by Retno Muljosantoso, Emalia Achmadi, Denia Isetianti Permata, Robert Reid and Oene Marseille. Muljosantoso advises domestic and international clients on regulatory matters, securities and mutual funds, and Islamic bonds, while Achmadi acts for national and international banks on regulatory and compliance issues. Permata is a name for the issuance of dual-currency government debt securities, and the issuance and selling of domestic retail sovereign Islamic bonds.