Jakarta. Asia Pacific.

Transcription

1 Jakarta Asia Pacific

2 Jakarta Asia Pacific Ginting & Reksodiputro in association with Allen & Overy 4 partners 25+ lawyers (including partners) 6 offices across ASEAN* 15 Tier #1 ASEAN rankings Chambers Asia 2014 Ginting & Reksodiputro (G&R) is a dynamic, forward-thinking Indonesian law firm offering the highest quality local law capability alongside the strength of Allen & Overy s global network. G&R s international approach puts it at the top of people s lists when it comes to complex and challenging transactions in Indonesia. Led by Daniel Ginting, one of Indonesia s leading finance and energy lawyers, and Harun Reksodiputro, one of the market s most renowned corporate practitioners, the team is focused on delivering Indonesian legal advice to world class deal execution standards. We have a large team of lawyers in Jakarta, including resident foreign legal consultant (partner equivalent) Andrew Digges, a specialist in project development and finance, and Sugianto Osman, an expert in Indonesian M&A and private equity. G&R is a core element of Allen & Overy s broader ASEAN coverage which encompasses offices in Singapore, Thailand and Vietnam, all of which have local law capability, and Myanmar. Indonesia International Law Firm of the Year Chambers Asia Awards 2014 Southeast Asia Law Firm of the Year ALB SE Asia Law Awards 2014 Emerging Markets Law Firm of the Year ALB SE Asia Law Awards 2014 Rising Star Firm of the Year Indonesia IFLR Asia Awards 2014 Allen & Overy LLP 2014 * Singapore, Bangkok, Hanoi, Ho Chi Minh City, Jakarta (via exclusive association with Ginting & Reksodiputro), Yangon

3 Jakarta Asia Pacific Our experience Banking Capital Markets CT Corporate Advising the original lenders on a USD1.275bn senior secured financing provided to various retail, entertainment and media subsidiaries of Indonesian conglomerate, CT Corporate. PT Trans Retail Advising the international banks as arrangers and agent on the USD750m syndicated loan facility to PT Trans Retail, used for the acquisition of 60% of shares in PT Carrefour Indonesia thus giving PT Trans Retail full ownership of PT Carrefour Indonesia. PT Greenland Rajawali Utama Advising the syndicated lenders, including PT Bank Central Asia Tbk, PT Bank Mandiri Tbk (and others), on the approximately USD150m property financing to PT Greenland Rajawali Utama for the development of an integrated property complex comprising of a luxury hotel under the St. Regis brand, grade A offices and specialist food & beverage and retail outlets located in West Kuningan, Jakarta. PT Visi Media Asia Tbk Advising Credit Suisse as arranger and facility agent on a USD230m financing to PT Visi Media Asia Tbk to repay existing loans and fund its working capital and capital expenditure. Micro Finance Advising The World Bank in partnership with the Indonesian Government on assessing the legal status of the operation of microscale revolving loan funds for poor communities under the Indonesian Government s national program for community empowerment the PNPM Mandiri program. They have a very commercial attitude and see their way through the local complexities, making international norms work in Indonesia. Chambers Asia, Banking & Finance (Indonesia), 2014 PT Electronic City Indonesia Tbk IPO Advising Credit Suisse and PT Danareksa Securitas, as underwriters, on the IDR1,350bn IPO of PT Electronic City Indonesia Tbk. Bank Permata Advising PT Bank Permata Tbk (controlled by PT Astra International Tbk and Standard Chartered Bank), on its rights issue, senior bonds, and subordinated bond issuances, totalling approximately IDR3.7tn one of Indonesia s largest capital markets deals to date and the first to simultaneously involve the three main secondary debt and equity fundraising methods for an IDX listed company. PT Centrin Online Tbk. Advising on its IDR bn rights issue, where the proceeds were used (amongst other things) to acquire PT Retower Asia (Retower), an Indonesian telecommunications infrastructure company. The rights issue also served as the backdoor listing of Retower. Allen & Overy LLP 2014

4 Corporate Saban Capital Group Advising on its role as an anchor investor in the IPO of PT MNC Skyvision Tbk. The Republic of Indonesia Advising on the upsize and update of its GMTN Program and subsequent issue thereunder of USD1.5bn 4.625% Notes due April 2043 and USD1.5bn 3.375% Notes due Power Generation Notes Advising BNP Paribas and Credit Suisse, as joint lead managers, on the issue of USD340m high yield notes pursuant to Regulation S and Rule 144A by a power generation company that sells its output electricity to PLN (the state-owned utility company). A good team of lawyers whose skills complement one another s. Chambers Asia, Capital Markets (Indonesia), 2014 TPG Advising TPG Capital Pte Ltd on the USD1.5bn sale of its shares in PT Bank Tabungan Pensiunan Nasional Tbk to Sumitomo Mitsui Banking Corporation. SATS Advising SATS Limited, a leading provider of airport gateway services and food solutions headquartered in Singapore, on its approximately USD94m acquisition of a 41.65% stake in PT Cardig Aero Services Tbk, a leading provider of airport gateway services and food solutions in Indonesia. Carlson Rezidor Asia Pacific Advising on its joint venture agreement with Indonesia s Panorama group to develop 20 Radisson and Park Inn by Radisson hotels in Indonesia over seven years. Soho Group Advising the Soho Group, one of Indonesia s leading pharma companies, on the sale of a controlling stake in its PT Ethica Industri Farmasi subsidiary and the formation of a joint venture between Soho and German-based pharmaceutical group, Fresenius Kabi, through Ethica. GIC and Northstar Pacific Advising the Government of Singapore Investment Corporation (GIC) and Northstar Pacific, as investors, on their subscriptions of primary shares and convertible bonds issued by PT Triputra Agro Persada. PT Mandiri Arun Petrogas Advising on the bidding process for the acquisition of a 100% interest in two Indonesian Production Sharing Contracts and a 30% shareholding stake in PT Arun Natural Gas Liquefaction held by Exxon Mobil through its wholly owned subsidiaries. Impressive cross-border capability thanks to its association with Allen & Overy. Chambers Asia, Corporate (Indonesia), 2014

5 Projects Power Sumsel 9 & 10 Advising the offtaker, PT PLN (Persero), on the development of the approximately USD4 to 4.5bn (in aggregate) 1,800MW Sumsel 9 & 10 mine mouth coal-fired independent power projects (IPPs) in South Sumatra, Indonesia the first minemouth coal fired power plant procured under the PPP scheme in Indonesia. Rajamandala Hydroelectric IPP Advising the financiers, including JBIC and Mizuho, on the USD130m financing of the Rajamandala hydroelectric independent power project in West Java, Indonesia. This is among a limited number of project financed power projects in Indonesia that will generate renewable energy. Central Java Power Plant Advising Sumitomo Corporation on the drafting and negotiation of its EPC contracts for the construction of the 2,000MW Central Java power plant project the first infrastructure project undertaken under the PPP scheme of the Government of Indonesia. Mining & Metals PT Krakatau/POSCO Advising the ECAs and lenders on a USD1.7bn syndicated loan to finance the development of an integrated steel mill plant in West Java by a joint venture company between POSCO and PT Krakatau Steel (Persero) Tbk. Jogja Magasa Iron Project Advising PT Jogja Magasa Iron on the BED (basic engineering design) and FEED (front end engineering design) contract and Vertimill supply contract in relation to an iron sands concentrator which will be part of an integrated pig iron plant and which will include supporting infrastructure, representing a total investment of USD1.1bn. Tayan Alumina Project Advising the sponsors, Antam and Showa Denko KK, on the development and financing of the Tayan alumina project in Kalimantan. The project comprises the supply of bauxite by Antam and the production of chemical grade alumina for export to Japan and elsewhere. The financing involved JBIC and JOGMEC. Oil & Gas Donggi-Senoro LNG Advising the project company on the development and financing of the Donggi-Senoro Liquefied Natural Gas project in Indonesia. This is the first LNG project in Indonesia to adopt a downstream development mode, enabling separate development of upstream (feedstock gas supply) and downstream (LNG manufacturing) businesses. Tangguh LNG Advising the lenders on the Tangguh Liquefied Natural Gas project in Indonesia. Infrastructure Cikampek-Palimanan Toll Road Advising the lenders, comprising 21 Indonesian banks, regional owned banks and three international banking institutions including IFC, on the USD1.4bn Cikampek-Palimanan Toll Road project, part of the West Java Toll Road Development Project the largest toll road financing in Indonesia since

6 For more information, please contact: Jakarta Ginting & Reksodiputro in association with Allen & Overy LLP The Energy Building, 15th Floor Sudirman Central Business District JI Jend Sudirman Kav Jakarta Indonesia Tel Fax Office contacts Daniel Ginting Partner Harun Reksodiputro Partner Andrew Digges Foreign Legal Consultant Sugianto Osman Partner Tel Tel Tel Tel GLOBAL PRESENCE Allen & Overy is an international legal practice with approximately 5,000 people, including some 526 partners, working in 44 offices worldwide. Allen & Overy LLP or an affiliated undertaking has an office in each of: Abu Dhabi Amsterdam Antwerp Budapest Casablanca Doha Jakarta (associated office) London Luxembourg Prague Riyadh (associated office) Rome Athens (representative office) Bangkok Dubai Düsseldorf Madrid Mannheim São Paulo Shanghai Barcelona Frankfurt Milan Singapore Beijing Hamburg Moscow Sydney Belfast Hanoi Munich Tokyo Bratislava Ho Chi Minh City New York Warsaw Brussels Hong Kong Paris Washington, D.C. Bucharest (associated office) Istanbul Perth Yangon Allen & Overy means Allen & Overy LLP and/or its affiliated undertakings. The term partner is used to refer to a member of Allen & Overy LLP or an employee or consultant with equivalent standing and qualifications or an individual with equivalent status in one of Allen & Overy LLP s affiliated undertakings. Allen & Overy LLP 2014 CS