- Morgan Stanley Singapore, Standard Chartered Bank Singapore, MUFG, DBS Bank Ltd., ING Bank, and Mandiri Securities Singapore, as the initial purchasers to the issuance of Reg S/Rule 144A 8.625% USD400 million bonds issued by the SPV of PT Medco Energi Internasional Tbk in SGX-ST.
- The international and domestic joint global coordinators and in the approximately IDR 95.92 trillion (USD6.7 billion) rights issue by PT Bank Rakyat Indonesia (Persero) Tbk.*)
- The joint global coordinators, international selling agents and joint lead managing underwriters, in the IPO of PT Bukalapak.com Tbk on the IDX, which included a Rule 144A/Regulation S offshore tranche.*)
- PT Avia Avian Tbk and certain selling shareholders, in the IPO of Avian on the IDX, which includes a Rule 144A/Regulation S offshore tranche. The transaction raised approximately IDR11 trillion (USD771 million).*)
- PT Trimegah Bangun Persada Tbk, on its IPO on the Indonesian Stock Exchange (IDX), which included a Rule 144A/3(c)(7) and Regulation S offshore tranche. The transaction raised approximately IDR 10 trillion (USD672 million).*)
- Nomura Singapore Limited and CLSA Limited as international selling agents, and PT CLSA Sekuritas Indonesia and PT Mandiri Sekuritas as lead domestic underwriters, in the IPO of PT Cisarua Mountain Dairy Tbk (Cimory) on the IDX, which includes a Regulation S offshore tranche. The transaction raised approximately IDR3.666 trillion (USD256 million).*)
- JP Morgan and UBS as joint global coordinators and international selling agents as well as the joint lead domestic underwriters on the IPO of Cinema XXI on the Indonesian Stock Exchange (IDX), which raised approximately IDR 2.25 trillion (USD150 million).*)
- Australia and New Zealand Banking Group Limited, DBS Bank Ltd., ING Bank N.V., Singapore Branch, Mandiri Securities Pte. Ltd., and Standard Chartered Bank (collectively the “Initial Purchasers”) as domestic counsel to the Initial Purchasers in a USD650 million 7.375% Regulation S high yield bond offering by Medco Oak Tree Pte. Ltd (as issuer) and guaranteed by PT Medco Energi Internasional Tbk and its various subsidiaries.*)
- BNP Paribas, CIMB Bank Berhad, Singapore Branch, Credit Suisse (Singapore) Limited and Deutsche Bank AG, Singapore Branch as joint lead managers in connection with LMIRT Capital Pte. Ltd.’s Regulation S offering of USD250 million 7.25% Senior Guaranteed Notes due 2024. LMIRT Capital Pte. Ltd. is a subsidiary of Lippo Malls Indonesia Retail Trust (“LMIRT”). The Notes are guaranteed by Perpetual (Asia) Limited, as the trustee of LMIRT. LMIRT is a premier retail real estate investment trust (“REIT”) in Asia and the first and only Indonesian retail REIT listed on the Singapore Exchange Securities Trading Limited.*)
- Bangkok Bank Public Company Limited on its USD2.3 billion acquisition of a 89.12% shareholding in leading Indonesian bank, PT Bank Permata Tbk, from Standard Chartered Bank and PT Astra International Tbk – the biggest M&A deal in Indonesia signed in 2019 by deal value and to close in 2020 to date, and the first acquisition of a publicly listed bank under Indonesia’s recently revised investment laws for Indonesian banks.*)
- Ooredoo Group, a leading international telecommunications company, on the USD6 billion merger of PT Indosat Tbk (Indosat Ooredoo), an Indonesian subsidiary of Ooredoo Group, with PT Hutchison 3 Indonesia (H31), an Indonesian subsidiary of CK Hutchison. As of YTD 2021, this transaction is the: (1) largest IDX M&A deal in Indonesia, (2) second-largest M&A deal in Indonesia, and (3) second-largest telecommunications deal in Southeast Asia.*)
*) Experiences prior to ALTA Advocates
