Hall Of Fame

Next Generation Partners

Foreign firms in Indonesia

Allen & Overy

Allen & Overy is highly capable in offering its Indonesian clients assistance in complex, cross-border matters, particularly in relation to regulatory issues that may impact Indonesian businesses. Additionally, members of the practice are highly regarded in matters of banking, capital markets, M&A, restructurings and projects. It has acted for international clients in many of the largest projects related to the power sector, including waste-to-energy and largescale refinery matters. Notable members of the practice include Gautam Narasimhan, who focuses on complex transactions and financings, and Jason Humphreys, who has acted in leading projects matters in Indonesia. Felipe Duque and Aloysius Tan are also noted for their work in relation to Indonesian capital markets. In May 2023, Tom Jokelson and Rishi Hindocha were promoted to partner, while Brendan Hannigan left the firm for an in-house position in September 2022.

Practice head(s):

Gautam Narasimhan; Felipe Duque;  Aloysius Tan; Alun Evans; Jason Humphreys


Other key lawyers:

Tom Jokelson; Rishi Hindocha


Testimonials

‘Allen & Overy have experience and adapt easily.’

‘Felipe Duque has the expertise and experience so he could always provide us with the solution for every issue.’

 

Key clients

PT Pertamina Geothermal Energy Tbk


The Republic of Indonesia


General Atlantic


PT Bank CIMB Niaga Tbk


EdgeConneX Inc.


Engie Global Developments B.V.


Investcorp Asia Financial Services Pte. Ltd.


PT Bank Mandiri (Persero) Tbk


Work highlights


  • Advised Pt Pertamina Geothermal Energy Tbk, one of the largest geothermal companies in the world, on its IPO on the Indonesia Stock Exchange.
  • Advised the commercial lenders and ECAs on the financing of Pertamina’s Balikpapan Refinery upgrade project.
  • Advised EdgeConneX Inc on its acquisition of Graha Teknologi Nusantara and the subsequent development of an up to 90MW hyperscale data centre in Indonesia.

Clifford Chance

Clifford Chance is renowned as a top-rate firm for its activity in Indonesia and Southeast Asia as a whole. The firm offers services across a wide array of practice areas within the jurisdiction, including capital markets, bank financing, M&A, construction, restructurings and dispute resolution. With a large pool of practitioners capable of operating on Indonesian matters, the practice regularly acts for clients in complex, cross-border issues that are often high-profile or high-value. Melissa Ng leads the firm’s Indonesia Group and handles M&A work for her longstanding clients. Thomas England specialises in leverage and acquisition finance, restructuring and insolvency, while Shaun Langhorne focuses his practice on complex, multi-stakeholder and cross-border restructuring matters across the region. In addition, Gareth Deiner is practiced in the debt capital markets sector and Matthew Buchanan is expert in construction matters concerning infrastructure.

Practice head(s):

Melissa Ng


Other key lawyers:

Thomas England; Shaun Langhorne; Gareth Deiner; Matthew Buchanan


Key clients

Home Credit Group B.V.


CVC Capital Partners


Star Energy Group Holdings Pte Ltd


PTT International Holding Limited


PT Medco Energi Internasional Tbk


Tolaram Group Inc.


Indonesia Investment Authority


Navis Capital Partners


BNP Paribas, Citigroup, Credit Suisse and Mandiri Sekuritas, and underwriters DBS, OCBC and UOB Kay Hian


PT Jayamas Medica Industri Tbk


Australia and New Zealand Banking Group, Standard Chartered Bank and Barclays as Placement Agents


Barclays, ANZ and SCB


BNY Mellon


Macquarie Aircraft Leasing Services


ICBC International Leasing Co., Ltd


SMBC Aviation Capital Limited


Avolon Aerospace Leasing Limited


Perusahaan Listrik Negara (Persero) PT


ACEN Corporation


Work highlights


  • Advising each of the individual lessors and the ad hoc group of aircraft lessors on the restructuring of the Indonesian state-owned and listed airline PT Garuda Indonesia (Persero) Tbk and certain of its subsidiaries.
  • Advised the joint lead underwriters BNP Paribas, Citigroup, Credit Suisse and Mandiri Sekuritas, and underwriters DBS, OCBC and UOB Kay Hian on the US and international aspects of PT Trimegah Bangun Persada Tbk’s initial public offering and listing on the Indonesia Stock Exchange.
  • Advised Home Credit Group B.V. on its agreement to sell 100% of its Philippines and Indonesian consumer finance businesses to a consortium of Mitsubishi UFJ Financial Group affiliates, led by Krungsri Bank, in deals worth approximately €615m.

Herbert Smith Freehills LLP

By its longstanding presence in Indonesia, Herbert Smith Freehills LLP is able to offer its clients international standard deal execution and expertise on local Indonesian law for both domestic and multi-jurisdictional matters. In addition, the firm is capable of acting for clients across the legal sector; its portfolio includes major companies in renewable, oil and gas, power, TMT, finance, and real estate. Adrian Cheng is well-versed in acting in financing matters for major companies operating in Indonesia, while the firm’s international arbitration practice is headed by Alastair Henderson, who has appeared in arbitrations on Indonesian disputes. Glynn Cooper advises on infrastructure projects in Indonesia concerning roads and ports whilst heading the projects & energy practice. In addition, Mark Robinson, Gitta Satryani, Jamie McLaren and Xavier Amadei head other crucial practice areas in the firm. Victor Chiew and Salonika Kataria were promoted to partners in May 2023.

Practice head(s):

Mark Robinson; Adrian Cheng; Glynn Cooper; Gitta Satryani; Jamie McLaren; Xavier Amadei


Other key lawyers:

Victor Chiew; Salonika Kataria; Alastair Henderson


Testimonials

‘It is affiliated with firms that have a strong local presence. In the context of transactional works, this enables them to deliver well-crafted legal products.’

‘Their lawyers are resourceful and approachable – a combination clients rarely see these days.’

‘Provides seamless coordination for multi-jurisdiction dispute matters. The rapid knowledge and understanding on the matter at hand, attention to detail and strategies provides great comfort.’

Key clients

Indonesia Investment Authority


DP World


Axiata Group Berhad


Hawaiki Submarine Cable Limited Partnership


International Finance Corporation


Bukalapak


ANZ


DBS


ING


Morgan Stanley


MUFG


SCB


Societe Generale


Credit Suisse


PT Bank (Mandiri) Persero


PT Pertamina Rosneft Pengolahan dan Petrokimia


Work highlights


  • Advising multiple investors in Tokopedia in relation to Tokopedia’s merger with fellow unicorn Gojek to create GoTo Group.
  • Advising Indonesia Investment Authority and an international consortium on its investment cooperation with Waskita Karya for two sections of the Trans Java Toll Road in Indonesia.
  • Advising the lenders on a borrowing base facility to two subsidiaries of PT Medco Energi Internasional Tbk to fund its development of the Senoro-Toili block and Block A in Indonesia.

Linklaters

Linklaters offers its clients full-service advice across practice areas in Indonesia, including M&A, banking and finance, projects, employment, capital markets, financing and dispute resolution. The firm is known for advising major investment banks and multinational corporations, while its association with domestic firm Widyawan & Partners strengthens its presence and practice in Indonesia. Notable practice members include Jonathan Horan and Amit Singh, who heads the South and Southeast Asia capital markets group, Sophie Mathur, who heads the Asia corporate practice, and head of disputes Jelita Pandjaitan. Philip Badge leads the firm’s Asia banking group, while Karen Phang provides assistance to clients on their transactions and businesses in Indonesia. Fiona Gray is well-known for her capability in structured credit transactions and financings.

Practice head(s):

Amit Singh; Jonathan Horan; Philip Badge; Sophie Mathur; Jelita Pandjaitan


Other key lawyers:

Karen Phang; Fiona Gray


Testimonials

‘They have an ability to provide a deep perspective on Indonesia while setting it in the context of other jurisdictions. The team has a clear picture of the law and the risks that govern transactions.’

‘Karen Phang is very committed and passionate about supporting her clients. She provides clear advice and is very solution oriented. On a more day-to-day level, she is always timely with her work and able to offer insight into Indonesian law beyond her transaction expertise.’

‘High-quality, US-qualified capital markets team which provides a credible and cost effective alternative to the US bulge bracket firms, particularly in India and South East Asia.’

Key clients

Citibank


Macquarie Asset Management


Altaris Capital Partners


DKSH Holding Ltd


L Catterton Asia Advisors


Indonesia Investment Authority


PT Centratama Telekomunikasi Tbk


J.P. Morgan Securities


Mandiri Securities


Blackhawk Network


The Carlyle Group


UBS


BofA


Macquarie


ANZ


BNP Paribas


Citigroup


HSBC


MUFG


SMBC


UOB


Work highlights


  • Advised Citi on the sale of its six consumer banking franchises in Southeast Asia and EMEA, including Indonesia.
  • Advised MAM, via Macquarie Asia-Pacific Infrastructure Fund 3, as part of a consortium comprising Provident Capital and PT Saratoga Investama Sedaya Tbk., on its acquisition of a significant minority stake in Bersama Digital Infrastructure Asia Pte. Ltd. for c. $610m.
  • Advised on the Indonesian aspects of the $241m takeover by Altaris Capital Partners, a healthcare investment firm, of 100% of Intricon Corporation, a NASDAQ listed international joint development manufacturer that integrates components and assemblies to advance micro-medical technology across a range of device platforms for global customers.

Milbank

Milbank excels across practice areas in Indonesia, including in banking & finance, capital markets, M&A as well as restructuring, with projects and energy playing a large role in the firm’s practice. Jacqueline Chan focuses on corporate finance, M&A and restructuring throughout Asia and including Indonesia and leads the practice alongside James Murray, David Zemans and Giles Kennedy, the latter who is active in debt and equity matters. ‘Excellent’ James Orme is experienced in complicated cross-border financings. Terrence O’Donnell was made partner at the end of 2022 and has a broad skillset in relation to capital markets issues.

Practice head(s):

James Murray; David Zemans; Jacqueline Chan; Giles Kennedy


Other key lawyers:

James Orme; Terrence O’Donnell


Testimonials

‘Milbank are very capable and strong for any financial transaction across several industries.’

‘Good time management and attention to detail.’

‘James Orme is excellent as a partner handing this, flagging key items early on and is able to push for items to the lenders benefit.’

‘Milbank has unparalleled experience in project finance in Indonesia. The knowledge of the market and legal issues that arise in Indonesia is excellent and this helps negotiation and closing of transactions.’

‘Very strong and experienced team. It is such a good balance in this sense, so that on the client side we feel really comfortable discussing our concerns and commercial objectives, knowing that the Milbank team is always willing to brainstorm and make projects/transactions happen alongside us.’

Key clients

PT Kawasan Industri Jababeka Tbk


PT Lippo Karawaci Tbk


PT Amman Mineral Industri


PT Amman Mineral Nusa Tenggara


PT Alam Sutera Realty Tbk


PT Kimia Farma Tbk


FKS Food and Agri Pte Ltd


Emergent Logistics Pte. Ltd.


Singapore Telecommunications Limited


Grab Holdings Inc.


PT Bank Mandiri (Persero) Tbk


PT Bank Negara Indonesia (Persero) Tbk


PT Bank Uob Indonesia


PT Bank KB Bukopin Tbk


PT Supreme Energy


The Korea Trade Insurance Corporation


Australia and New Zealand Banking Group, Ltd


PT Bank Rakyat Indonesia Tbk


PT Bukalapak Tbk


PT Dayamitra Telekomunikasi (Mitratel)


PT Indofood CBP Sukses Makmur Tbk


PT Japfa Comfeed Indonesia Tbk


PT Medco Daya Abadi Lestari


PT Adaro Indonesia


Marubeni Corporation


Asian Development Bank


MUFG


Sumitomo Mitsui Banking Corp.


Bank of China


Barclays


Credit Suisse


Work highlights


  • Advised PT Kawasan Industri Jababeka Tbk, one of the largest industrial real estate developers in Indonesia, in connection with the exchange offer and exit consent solicitation for its $300m 6.5% Senior Notes 2023.
  • Advised PT Lippo Karawaci Tbk, one of the largest industrial real estate developers in Indonesia, in connection with the partial tender offer and consent solicitation for its outstanding $405m 8.125% Senior Notes due 2025 and $425m 6.75% Senior Notes due 2026.
  • Acted for PT Amman Mineral Nusa Tenggara as borrower counsel in connection with a senior secured term loan facility entered into with a number of regional commercial banks.

White & Case Pte. Ltd.

White & Case Pte. Ltd. has a longstanding presence in Indonesia and in-depth experience advising domestic and international clients on transactions in the country. The firm provides assistance across key practice areas including capital markets, debt finance, M&A, and project finance, while its capabilities in the country are further strengthened by its association with Witara Cakra Advocates (WCA). Kaya Proudian focuses on capital markets across a wide range of jurisdictions, including Indonesia, and co-heads the practice alongside corporate and M&A advisor Jonathan OlierAlexander McMyn, who advises on Indonesian financings, including general corporate loans in addition to structured and limited-recourse financings, is also part of the leadership team. Jon Bowden departed for Freshfields Bruckhaus Deringer in May 2023.

Practice head(s):

Kaya Proudian; Jonathan Olier; Alexander McMyn


Testimonials

‘Jonathan Olier is very hands on with the project.’

‘It is a small but highly competent team. They offer a compelling proposition for Indonesian capital markets deals.’

Key clients

Adivira Capital


Baring Private Equity Asia


China’s Zhejiang Huayou Cobalt Co.


CVC Capital Partners


CIMB Investment Bank Berhad,


CLSA Limited


Credit Suisse (Singapore) Limited


Deutsche Bank AG, Singapore Branch


Global Amines Company Pte. Ltd.


International Finance Corporation


Lotte Chemical Corporation


PT Tudung Putra Putri Jaya


PT Kilang Pertamina Balikpapan


Adivira Capital


Baring Private Equity Asia


Work highlights


  • Advised the issuer, PT Trimegah Bangun Persada Tbk. (Harita Nickel), in relation to the IPO of Harita Nickel on the Indonesian Stock Exchange, which includes a Rule 144A/3(c)(7) and Regulation S offshore tranche.
  • Advised CVC Capital Partners on the sale of shares in PT Garudafood Putra Putri Jaya Tbk., one of the largest food and beverage companies in Indonesia, to Hormel Foods Corporation, a Fortune500 global branded food company.
  • Advised on the c. $850m financing to PT Centratama Telekomunikasi Indonesia Tbk, an Indonesian listed telecommunication, multimedia and internet service provider in connection with the acquisition of PT EPID Menara AssetCo, a subsidiary of Edge Point Singapore which is wholly owned by Digital Colony (renamed as “Digital Bridge”), a leading global digital infrastructure investor.

Allen & Gledhill LLP

With members focusing exclusively on Indonesian-related transactions for clients, Allen & Gledhill LLP is experienced in cross-border transactions and disputes, enabling a well-rounded service for any clients with matters pertaining to Indonesia. The firm has represented domestic and multinational corporations alike on restructurings, expansions, financings, acquisitions, divestments and disputes. Oene Marseille and Prawiro Widjaja lead the firm’s Indonesia practice. Marseille handles M&A, corporate and commercial transactions work whilst Widjaja focuses on M&A and restructurings. Other notable lawyers include Erik Widjaja, who specialises in maritime and trade with a particular focus on dispute resolution, and Aris Budi Prasetiyo, who handles a diverse range of practice areas including M&A and banking.

Practice head(s):

Oene Marseille; Prawiro Widjaja


Other key lawyers:

Erik Widjaja; Aris Budi Prasetivo


Testimonials

Erik Widjaja is willing to explore in finding alternatives and solution

‘Deep knowledge and understanding on the maritime sector, especially in the shipping.’

‘Allen & Gledhill LLP handled our case professionally with extra mile service. Their lawyers have great teamwork, and each understands the client’s case and strength. They identify the strength of the case by objectively processing the pros and cons.’

‘Erik Widjaja who speak Indonesian handles the cases well and prepares the submissions meticulously.’

Work highlights


  • Advising Keppel Telecommunications & Transportation Limited, through a wholly owned subsidiary, Keppel Midgard Holdings Pte Ltd on the development of the Bifrost Cable System, as part of a consortium together with a subsidiary of Meta Inc. and PT. Telekomunikasi Indonesia International.
  • Advised Smash Capital and Insight Partners, which were joined by Singapore’s sovereign wealth fund GIC, on their $690m investment in Coda Payments, a digital content monetisation platform based in Singapore that helps digital content providers monetise their products and services.
  • Advised CapitaLand Investment Limited’s wholly owned lodging business unit, The Ascott Limited, as transaction counsel, on its acquisition of the hotel and serviced residence business of Oakwood Worldwide.

Ashurst LLP

Ashurst LLP provides its clients with a complete service in all areas of practice including corporate and M&A, banking, disputes, and employment. The firm can draw from its offices across the globe and from its association with local firm Oentoeng Suria & Partners in association with Ashurst to provide a seamless service on domestic and international transactions that involve Indonesia. In addition, the firm has a strong presence in projects and energy matters for leading companies. Rob Palmer, an international arbitration lawyer with longstanding experience in Indonesia, heads the firm’s practice. Joining the firm in August 2022 from Allen & Gledhill LLP, Tao Koon Chiam is now head of M&A in Southeast Asia. Also of note is Michelle Phang, who leads the corporate transactions team. In early and mid-2023, Richard Guit, Michael Harrison and Daniel Reinbott left the firm for Baker Botts L.L.P..

Practice head(s):

Rob Palmer


Other key lawyers:

Tao Koon Chiam; Michelle Phang


Key clients

GCL Intelligent Energy Co Ltd.


Asian Development Bank


DANA / PT Elang Andalan Nusantara


MDI Ventures


KoinWorks


Mining Industry Indonesia


Abu Dhabi Future Energy Company PJSC (Masdar)


PT PJB Investas


International Finance Corporation


Work highlights


  • Advising on all three WTE projects in Indonesia – South Tangerang, Bandung and East Jakarta.
  • Acted for PT Elang Andalan Nusantara (operating through its subsidiaries as DANA) in its latest fundraising round.
  • Acted for KoinWorks in its $108m Series C fundraising round.

Baker McKenzie

Baker McKenzie Wong & Leow offers its clients services in a wide array of sectors in Indonesia, from projects and infrastructure matters to capital markets and dispute resolution. The firm fields a broad client base, with many domestic and international clients, including multinational corporations, in healthcare, finance, technology and entertainment. Its expertise spans across the Asia Pacific Region, and its association with Hadiputranto, Hadinoto & Partners, a member firm of Baker McKenzie provides clients with greater assistance on the ground in Indonesia. Emmanuel Hadjidakis is notable for his work in banking, finance and acquisitions while Ashok Lalwani heads the international capital markets team. Other key members of the team include Nandakumar Ponniya, head of the dispute resolution practice, and Kim Hock Ang, who handles major infrastructure project development work.

Practice head(s):

Emmanuel Hadjidakis; Ashok Lalwani; Nandakumar Ponniya; Kim Hock Ang


Key clients

Deutsche Bank AG


UBS


BNI Securities Pte. Ltd.


DBS


Mandiri Securities Pte., Ltd.


Mizuho Securities (Singapore) Pte. Ltd


Natixis Singapore Branch


Overseas-Chinese Banking Corporation


SMBC Nikko Securities (Hong Kong) Limited


The Export and Import Bank of China


PT Bank Negara Indonesia (Persero) Tbk


Toyota Tsusho Corporation (TTC)


PT Patimban International Car Terminal


Copenhagen Infrastructure Partners


BlackRock, Inc.


Eastspring Investments (Singapore) Ltd.


CIMB Singapore and CIMB Niaga


PT Bank Negara Indonesia (Persero) Tbk


Carbon Resilience Pte. Ltd.


SK E&S Co., Ltd.


Zinfinity Pte. Ltd.


Moladin


PT Garuda Indonesia (Persero) TBK


Work highlights


  • Represented the Pan Brothers Tbk on the restructuring of its debts comprising (a) an up to USD 150 million senior secured revolving credit facility; (b) various bilateral facilities with its various lenders; and (c) notes valued at approximately $171m.
  • Acting as International and Indonesian counsel to the joint lead managers and joint bookrunners in connection with the proposed US dollar bond issuance by PT Indofood CBP Sukses Makmur Tbk amounting to $1b.
  • Representing Affinity Equity Partners’ holding company in its private sale of shares in PT Industri Jamu dan Farmasi Sido Muncul Tbk.

Gibson Dunn

Gibson Dunn advises both local Indonesian and foreign companies looking to enter the market, counting foreign investors as part of its clientele as well as state-owned enterprises. Additionally, the firm advises on all aspects of Indonesia law, acting for clients on environmental issues, disputes, energy matters, and restructurings. Brad Roach is global co-chair of the firm’s oil and gas practice group and is noted for his work on energy and LNG matters. Jamie Thomas, co-chair of the global finance practice group, frequently advises on finance and restructuring matters. In November 2022, Paul Tan joined from Clifford Chance.

Practice head(s):

Brad Roach; Jamie Thomas; Paul Tan


Testimonials

‘Impressive professionalism, dedication, and expertise in handling complex international financial matters. The firm demonstrates an in-depth understanding of the intricacies and challenges that come with cross-border financing projects. Their team’s knowledge of international regulations and legal frameworks has been instrumental in successfully navigating various legal and financial complexities.’

‘Jamie Thomas’ knowledge of international financial regulations, legal frameworks, and market dynamics is instrumental in guiding clients through challenging legal landscapes and ensuring compliance at every step of the process.’

‘They have proven to be excellent partners in maintaining transparent and open lines of communication, making sure that all stakeholders are well-informed throughout the process.’

Key clients

Chevron Corporation


MedcoEnergi


PGN Saka


Duniatex Group


KKR


Jadestone Energy


Sritex Group


PT Indika Energy Tbk


Mizuho Corporate Bank


MAXpower Group Pte Ltd


Work highlights


King & Spalding LLP

King & Spalding LLP handles matters in key industries across the Indonesian market. It has advised on high-profile transactions in the energy sector, including oil and gas as well as LNG development projects, and on major M&A and finance matters. The firm further assists in arbitrations concerning Indonesian disputes. Co-head of the global power practice Simon Cowled advises on major power projects in the country, while Andrew Brereton leads the firm’s sustainable lending efforts in Indonesia.

Other key lawyers:

Simon Cowled; Andrew Brereton


Testimonials

‘The team works seamlessly across work streams, providing high quality advice. They are sector experts.’

‘Strong technical ability and sector knowledge, coupled with practical and easy to understand advice that can be actioned. They also take the time to understand their client and how their client operates.’

‘The team is very skilful in handling international or cross-border arbitration cases, particularly in respect of large projects and complex cases.’

Key clients

Mitsui & Co


Star Energy Group Holdings Pte. Ltd.


PT Pertamina (Persero)


PT Pertamina Hulu Indonesia


Pertamina Power Indonesia


Work highlights


Norton Rose Fulbright

Norton Rose Fulbright possesses deep knowledge of a wide range of legal, regulatory, compliance and governance issues arising in the region. The firm is also able to draw from its global network to assist clients in Indonesia with cross-border matters. Kresna Panggabean is the managing partner of the Jakarta office and advises companies in argribusiness, as well as oil and gas and mining. In addition, Tasdikiah Siregar focuses her practice on aviation matters, including finance, M&A and regulation, while Benny Bernarto handles corporate and commercial matters.

Practice head(s):

Kresna Panggabean


Other key lawyers:

Tasdikiah Siregar; Benny Bernarto; Kent Phillips


Key clients

Bangkok Bank Public Company Limited


ING


Barclays


Bank of America


Accenture Australia Pty Ltd


Enerflex Ltd


Sumitomo Mitsui Banking Corporation


Brenntag Asia Pacific Pte Ltd


ENEOS


Palladium Holdings Pty Ltd


Work highlights


  • Acted for a consortium of lenders on the $750m green loan facility to PT Perusahaan Listrik Negara (Persero).
  • Acting as Indonesian counsel for Bangkok Bank Public Company Limited on the $655m debt financing to Star Energy Group Holdings Pte. Ltd., a member of the Star Energy group which operates within the geothermal and renewable energy generation sector.
  • Advised Enerflex for the Indonesian aspects related to the $735m acquisition of all of the outstanding common stock of Exterran in a stock-for-stock transaction.

Shearman & Sterling LLP

The members of Shearman & Sterling LLP are highly experienced in advising on Indonesia’s key practice areas, including capital markets, project development, finance and M&A. Its advice capabilities includes a wide range of sectors such as energy, mining and metals as well as infrastructure and telecoms. In addition, the firm has assisted in major power projects within the country. Kyungwon (Won) Lee leads the Asia capital markets team, focusing on corporate finance and securities transactions. Bill McCormack handles energy and infrastructure projects for the firm and Richard Porter leads the M&A practice.

Practice head(s):

Bill McCormack; Kyungwon (Won) Lee; Richard Porter


Testimonials

‘The lawyers I worked with understood the corporate culture well, and were able to work on the project and bring the lengthy negotiations to a successful conclusion. I was quite comfortable with working with them.’

Key clients

BNI Securities Pte. Ltd.


Credit Guarantee & Investment Facility


International Finance Corporation


Mandiri Securities Pte. Ltd


Morgan Stanley


Standard Chartered Bank (Singapore) Limited


Work highlights


  • Represented CATL (the world’s largest electric vehicle battery maker) in their joint venture with the Indonesia Investment Authority for the establishment of a green energy fund to invest in Indonesia’s EV supply chain.
  • Represented Standard Chartered Bank (Singapore) Limited and Mandiri Securities Pte. Ltd., as dealer managers, in connection with a tender offer of the outstanding 5.875% Senior Notes due 2024 issued by Indika Energy Capital III Pte. Ltd. and the outstanding 8.25% Senior Notes due 2025 issued by Indika Energy Capital IV Pte. Ltd. subject to a combined aggregate purchase price of up to $250m.
  • Represented Morgan Stanley Asia (Singapore) Pte. and Standard Chartered Bank (Singapore) Limited, as dealer managers, in connection with a fixed price tender offer of the outstanding 7.375% Senior Notes due 2026 issued by Medco Oak Tree Pte. Ltd. and the outstanding 6.375% Senior Notes due 2027 issued by Medco Bell Pte. Ltd. subject to a combined aggregate purchase price of up to $150b.

Hogan Lovells Lee & Lee

Hogan Lovells Lee & Lee delivers a seamless service to its local and cross-border clients by utilising its global network through its association with Hogan Lovells in association with Dewi Negara Fachri & Partners. The firm advises on wide-ranging matters in corporate, M&A, private equity, capital markets, and dispute resolution. Stephanie Keen leads the practice in Indonesia and represents clients in an array of industries, such as fintech, TMT, energy, and healthcare. Nick Williams also assists in restructuring and insolvency matters. Andy Ferris is another key contact in the group.

Practice head(s):

Stephanie Keen


Other key lawyers:

Nick Williams; Andy Ferris


Key clients

Navis Capital


Giift Management Asia Pte Ltd


Marubeni Growth Capital Asia


International Finance Corporation


Madison Pacific Trust Limited


PT Bank Negara Indonesia (Persero) Tbk


Woodward, Inc.


Work highlights


  • Advised Giift in its acquisition of PT InTouch Innovate Indonesia.
  • Advising on the bankruptcy of PT Royal Industries Indonesia following the failure of the company’s 2018 restructuring plan put forward as part of an Indonesian court led restructuring (PKPU).
  • Advised the finance parties led by PT Bank Negara Indonesia (Persero) Tbk and PT Bank Central Asia Tbk as mandated lead arrangers and bookrunners on a $190m and IDR 1,901bn fully secured financing to the FKS Food & Agri Group.

Reed Smith LLP

Reed Smith LLP’s Indonesia business team frequently advises international entities wishing to enter the Indonesian market as well as domestic companies wishing to invest or expand overseas. Matthew Gorman and Gerald Licnachan lead the practice jointly and both handle corporate finance and commercial transactions.

Practice head(s):

Matthew Gorman; Gerald Licnachan


Testimonials

‘They efficiently bridge the gap between lawyers and the support team, working together in a seamless manner.’

‘Matthew Gorman displays leadership and professional know-how, understanding the client’s situation and acting accordingly.’

‘Reed Smith is always responsive and provides advice that is both legally sound and practical. They understand the business environment in which clients operate and are able to provide top-notch commercial advice.’

Work highlights


Sidley Austin LLP

Sidley Austin LLP provides a diverse array of advice to its clients on Indonesian matters ranging from digital infrastructure and financial services to mining, energy, and real estate. The firm’s clientele includes multinational and domestic conglomerates, investment funds, government bodies and state-owned enterprises. Led by Matthew Sheridan and Charlie Wilson, who frequently assist on complex cross-border and multi-practice matters, the practice is widely experienced in Indonesia with notable members including Parthiv Rishi and Alexius Chong.

Practice head(s):

Matthew Sheridan; Charlie Wilson


Other key lawyers:

Parthiv Rishi; Alexius Chong


Testimonials

‘The team at Sidley are a solid choice for Indonesia matters. It’s clear that they know the market and key sectors very well, and they are responsive and have consistently delivered.’

‘Parthiv Rishi is a great partner to work with. He is approachable and easy to deal with, responsive, hands on, manages and leverages his team and the Sidley network well and can be counted on to get deals done and find solutions to complex matters or difficult issues.’

‘Parthiv Rishi is very good technically and also commercial, applying good judgment when needed. He is versatile and has experience across the investment lifecycle and has a lot of experience in Indonesia having worked on some of the unicorn financings as well as more early stage deals. He always delivers.’

Key clients

PT Indika Energy Tbk


PT J Resources Nusantara


Mandiri Sekuritas


PT Astra International


Pintarnya


Diri Care


Cosmart


Standard Chartered Bank


Hillhouse Capital


Jungle Ventures


Work highlights


  • Represented Indika Energy on their joint venture and associated investments with Foxconn.
  • Represented Jungle Ventures as co-lead investor in the Series D financing round of Indonesia’s buy-now-pay-later platform Kredivo.
  • Acted for J.P. Morgan Securities plc, Mandiri Securities Pte. Ltd., Standard Chartered Bank (Singapore) Limited and UBS AG Singapore Branch in a transaction concerning PT Kawasan Industri Jababeka Tbk.’s offer to exchange its Old Notes for cash and its Notes due 2027, and concurrent consent solicitations to eliminate substantially all the restrictive covenants and reporting requirements under the Old Notes.

Drew & Napier LLC

Leveraging its global network, Drew & Napier LLC offers Indonesian entities from multifarious industries advice on intellectual property matters including trademark, patent, and design filings. In addition to this, it acts for clients in a wide range of practice areas such as M&A, restructurings, dispute resolution, and employment. Julian Kwek has a focus on cross-border M&A and joint ventures, and co-heads the Indonesia desk with Sushil Nair, who specialises in restructurings.

Practice head(s):

Sushil Nair; Julian Kwek


Key clients

Kris Wiluan


Viking Engineering Pte Ltd


PT. Nikko Sekuritas Indonesia


TT International Limited.


Heliconia Capital Management Pte Ltd / Ivy 2 Investments VCC


Navayo International A.G.


Raiffeisen Bank International AG


PT Berlian Laju Tanker Tbk


PT Bumi Resources Tbk


Reignwood International (Group) Limited


Hin Leong Trading (Pte.) Ltd.


Informal Steering Committee of Lenders to Hin Leong Trading (Pte.) Ltd.


Work highlights


  • Advising Heliconia Capital Management Pte Ltd, an independently managed, wholly-owned subsidiary of Temasek Holdings, on the US$3.5 billion debt restructuring of and investment into Pacific International Lines, Singapore’s largest container shipping line and 12th largest in the world.
  • Advising the informal steering committee of lenders on the US$3.85 debt restructuring of Hin Leong.
  • Acted as Singapore counsel to PT Astrindo Nusantara Infrastruktur Tbk in its acquisition of all of the shares in the capital of PTT Mining Limited.

Skadden, Arps, Slate, Meagher & Flom LLP

Skadden, Arps, Slate, Meagher & Flom LLP advises on major Indonesian corporate matters for domestic and international clients, where the firm is involved in M&A transactions as well as IPOs and other capital market deals. Co-heads Rajeev Duggal and Jonathan Stone regularly provide support on complex, cross-border work.

Practice head(s):

Rajeev Duggal; Jonathan Stone


Testimonials

‘The Skadden team is exceptional when it comes to anticipating needs and getting complex and time-sensitive deals done quickly and efficiently. They clearly focus on developing and maintaining a strong team.’

‘The bench is very deep with a large group of experienced and high quality attorneys.’

They are very good when it comes to being business-oriented and advocating for clients’ interests.’

Key clients

PT Telekomunikasi Indonesia Tbk (Telkom)


PT Medco Energi Internasional Tbk


Work highlights


  • Advised PT Telekomunikasi Indonesia Tbk (Telkom) with certain aspects of its spin-off of its IndiHome business into its majority-owned subsidiary Telkomsel.
  • Advised Morgan Stanley and Credit Suisse as underwriters on the $510m IPO and IDX listing by Global Digital Niaga of BliBli, its e-commerce business.
  • Advised Northstar Advisors Pte. Ltd in the sale of its shares in PT Centratama Telekomunikasi Indonesia Tbk to Digital Colony Partners.

WongPartnership LLP

WongPartnership LLP contains experienced practitioners in dispute resolution and M&A transactions that arise in Indonesia and collaborates with Makes & Partners to handle matters in the region. Manoj Pillay Sandrasegara, who regularly advises on cross-border restructuring matters, leads the Indonesia practice alongside Mark Choy and James Choo.

Practice head(s):

Manoj Pillay Sandrasegara; Mark Choy; James Choo


Testimonials

‘Billy Bernadus is superior to other lawyers for his ability to explain and resolve issues, while conscious of the corporate governance requirements of publicly listed companies.’

‘The team is able to manage matters efficiently and professionally and the lawyers have a good understanding of local law. ’

‘The team is knowledgeable in both Singapore and Indonesian companies law. They keep the client informed with any changes promptly and take comments seriously.’

‘The team is well versed in the needs of foreign clients, particularly in the areas where Indonesian law is different from common law jurisdictions.’

Key clients

Go-Ventures Investments Pte. Ltd.


Broom


Ionic Global Holding Pte. Ltd.


KitaBeli


Kitalulus


EQT Partners Singapore Pte Ltd


Work highlights


  • Advised a global investment company in their investment in Sociolla.
  • Advising Go-Ventures in the series seed funding round of Fairatmos, an Indonesian-based carbon technology platform.
  • Advised on the investment of EQT Partners in PT Indesso Primatama.