Firm Profile > Witara Cakra Advocates (WCA) in exclusive association with White & Case LLP Indonesia > Jakarta, Indonesia

Witara Cakra Advocates (WCA) in exclusive association with White & Case LLP Indonesia
Sampoerna Strategic Square
North Tower, Level 17, Jl. Jend. Sudirman Kav. 45-46
12930
Indonesia

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.

Practice head(s):

Key clients

Bangkok Bank Public Company Limited

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.

Testimonials

‘Well-versed in local regulations and how to navigate the Indonesian regulatory environment.’

Key clients

Bangkok Bank Public Company Limited

Baring Private Equity Asia

BNP Paribas

CIMB Investment Bank Berhad, Singapore Branch,

CLSA Limited

Credit Suisse (Singapore) Limited

CVC

Deutsche Bank AG, Singapore Branch

ESR

FKS

The Government of Republic of Indonesia

Indosat Ooredoo

International Finance Corporation (IFC)

MNC Group

Nomura Singapore Limited

Sinarmas Sekuritas

Pacific Century Group

Puma Energy

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.

Practice head(s):

Testimonials

‘WCA’s team is responsive and reachable and has a strong knowledge of the products (M&A and capital market) that they are working on.’

‘Kristo Molina is an individual that stands out given his knowledge on the Indonesian capital market, and the insights that he provides in viewing the commercial aspects on a transaction.’

‘We have been working with their capital market’s team and they have been providing us with constructive solutions on each challenge that we encountered for the last 4 USD bonds issuances that we had (thus far). They worked as the Counsels to our Bonds Initial Purchasers at the recommendation of AHP and it worked well.’

‘WCA has a strength in capital markets. They did the IPO of our company and are currently working on the bond issuance of our company. The fact that we are their repeat clients is the testimony about their quality of work. Their associates are professional and dedicated.’

‘Kristo Molina is the lead partner handling our company. He is very knowledgeable and reachable anytime we need his advices. The advices he gives is fair in assessing the risks, yet providing a commercial solution.’

Key clients

BNP Paribas

CIMB Bank Berhad, Singapore Branch

Credit Suisse (Singapore) Limited

DBS Bank Ltd

Deutsche Bank AG, Singapore Branch

Morgan Stanley Asia (Singapore) Pte

Standard Chartered Bank (Singapore) Limited

Mandiri Securities Pte Ltd

Nomura Singapore Limited

Sinarmas Sekuritas

PT Diamond Food Indonesia Tbk

Corporate and M&A Tier 5

Witara Cakra Advocates (WCA)'s growing team is part of White & Case LLP’s efforts to increase its physical presence in Jakarta. The team is led by Kristo Molina, who predominantly focuses on capital markets but also has expertise in M&A transactions. He is supported by counsel Rika Rusman  who joined from Ginting and is an expert in M&A and joint ventures.

White & Case is an international law firm that serves companies, governments and financial institutions. Our long history as a global firm means we are uniquely placed to help our clients resolve their most complex legal challenges wherever they are.

Industries
Learn about the breadth of our industry experience
www.whitecase.com/law#industries

Practices
Explore how we deliver results for our clients
www.whitecase.com/law#practices

Regions
Discover where we work with our clients globally
www.whitecase.com/law#regions