Banking and finance Tier 1

Witara Cakra Advocates (WCA) in exclusive association with White & Case LLP Indonesia had a very successful year having advised Bangkok Bank on it’s $2.3b financing of Bank Permata, which was one of the biggest deals in Southeast Asia. The team advises lenders, underwriters and arrangers on both financing and debt restructuring. Financings tend to revolve around acquisitions, projects and corporate funding. Fajar Ramadhan leads the practice and is supported by capital markets expert Kristo Molina.

Foreign firms Tier 1

2020 saw White & Case Pte. Ltd. advise on two major deals in M&A and capital markets, with a strong workload across other areas such as banking, restructuring and project finance. Kaya Proudian leads the firm’s capital markets team and has been assisting the Indonesian government with its issuances of green sukuk bonds. The corporate team is led by Jonathan Olier who is supported by Jon Bowden, who both advised Bangkok Bank on its landmark $2.3b acquisition of local bank Bank Permata. Alexander McMyn, who advises on banking and restructuring deals, is also noted.

Capital markets Tier 2

Attracting big names such as Morgan Stanley, Credit Suisse, and DBS, Witara Cakra Advocates (WCA) in exclusive association with White & Case LLP Indonesia has a multi-disciplined practice that is currently very active in IPOs and REIT deals. Practice head Kristo Molina is particularly strong in equity capital markets and is mostly advises arrangers on major insurances or corporates on their initial public offerings. He is supported by banking and finance practice head Fajar Ramadhan.

Corporate and M&A Tier 5