Our Indonesia practice includes capital markets lawyers licensed by the Indonesia Financial Service Authority (Otoritas Jasa Keuangan or OJK), and we are able to advise (and are experienced in advising) on public takeovers, insider trading and other regulations affecting listed companies.

We have acted on behalf of issuers, arrangers and underwriters of many debt and equity issues in Indonesia, including IPOs, secondary offerings, mutual funds, convertible bonds, note issues, swap transactions and other derivative products.

A key strength of our practice is the ability to offer a global team combining technical expertise and wealth of experience with regular contact with listing authorities and regulators.

With our extensive experience across Asia, we work closely with our clients to meet their expectations of, and need for, a full securities law service.

Recent experience includes advising:

  • the initial purchasers in the offering of 144A and Reg S US$750m 4.763% Notes Due 2027, US$1.5bn 5.315% Notes Due 2032, US$750m 6.200% Notes Due 2052 by PT Freeport Indonesia, a subsidiary of one of the world's leading mining companies. Freeport Indonesia is one of the world’s largest gold and copper mining companies. Proceeds will be used to fund smelter projects, refinance debt and meet general corporate needs
  • the managers on the issuance of US$600mn Additional Tier 1 Perpetual Non-cumulative Capital Securities by PT Bank Negara Indonesia (Persero) Tbk - This was the first perpetual capital securities issuance by an Indonesian SOE bank
  • the joint global coordinators and dealer managers on the US$2.5bn triple series Notes Offering and Concurrent Tender Offers by PT Indonesia Asahan Aluminium (Persero)

Key Contacts

Adrian Pranata

Partner, Jakarta

Widyawan & Partners works as one firm with Linklaters, making cross-border work much easier for clients, and it has in-depth knowledge of Indonesia in terms of practical challenges and considerations that we should consider.

Chambers Asia Pacific 2021: Indonesia