Chambers Global (2018)
Capital Markets - Band 1
Ranked Lawyers: Ahmad Fikri Assegaf - Band 1, Bono Adji - Band 1, Putu Suryastuti - Band 2, Tunggul Utomo - Up and Coming
Bono Adji wins acclaim among market sources for his ECM and DCM expertise, with clients attesting that he is "definitely a problem solver and a great communicator." He was involved in assisting Indonesia Infrastructure Finance with a IDR1.5 trillion bond issuance.
Ahmad Fikri Assegaf maintains a market-leading position, frequently advising top-drawer clients on public and private offerings. Clients laud him as "one of the most experienced lawyers in this sphere." He played a key part in advising Japfa Comfeed Indonesia on the first tranche of its IDR1 trillion shelf offering.
Putu Suryastuti is admired by clients as a "very helpful and hard-working" lawyer who is "always accessible 24/7." She is highly active in the capital markets space, recently playing a key role in advising Alam Sutera Realty in connection with an issuance of USD245 million in 6.625% senior notes by Alam Synergy.
Tunggul Utomo is highly active in this space, regularly acting for issuers and underwriters on both DCM and ECM issuances. He represented Medco Energi Internasional in relation to a tranche of its shelf offering, in a deal worth IDR1.5 trillion.
Corporate/M&A - Band 1
Ranked Lawyers: Ahmad Fikri Assegaf - Band 1, Bono Adji - Band 1
Ahmad Fikri Assegaf is renowned among clients and peers for his seniority in cross-border corporate and M&A matters, one source saying he maintains a "sound reputation and is a problem solver." In one work highlight, he co-led the team that advised Holcim Indonesia on the USD165 million acquisition of the entire share capital of Lafarge Cement Indonesia and the post-acquisition restructuring of Lafarge Group in Indonesia.
"Brilliantly talented and very professional," Bono Adji is accredited for his corporate and M&A practice, with a strong focus on representing companies in large investments. His work of late includes advising Saratoga Investama Sedaya and its local subsidiary on their IDR450 billion investment in Famon Awal Bros Sedaya, a holding company that operates hospitals throughout the country. A client also expresses praise for his responsiveness to queries: "He was responsive to our needs and questions."
Projects & Energy - Band 2
Ranked Lawyer: Ahmad Fikri Assegaf - Band 2
Ahmad Fikri Assegaf is adept in handling project finance and M&A deals, with notable experience in the renewable energy and infrastructure sectors. He was involved in advising MRT Jakarta on the development of Jakarta's underground railway network, including advice on financing aspects, procurement agreements and regulatory issues.