Chambers Global (2020)

Capital Markets - Band 1
Ranked Lawyers: Ahmad Fikri Assegaf (Band 1), Bono Adji (Band 1), Putu Suryastuti (Band 2)

What the team is known for 
Offers a full suite of services, including advising on convertible and exchangeable bonds, IPOs and private placements. Additionally adept at advising on Shari'a-compliant sovereign debt issuances. Particularly active for issuers, advising several of Indonesia's largest corporates in the energy, mining, retail, insurance and telecommunications sectors. Also represents government entities and financial institutions.

Notable practitioners
Ahmad Fikri Assegaf has extensive experience of representing leading corporates and government entities in bonds, IPOs and rights issuances. One interviewee says: "He brings a lot of gravitas and has a great depth of experience in different areas. He is very thoughtful, incisive and good at seeing the big picture while remaining on top of the details."

Bono Adji is a renowned practitioner handling bonds, IPOs and rights issuances in sectors such as mining, energy and telecoms. He is described by one commentator as "very smart, practical and hard-working."

Putu Suryastuti is recognised by market commentators for her busy ECM practice. Also able to handle DCM deals, she advises issuers in the infrastructure, finance, retail and insurance industries, among others.

Corporate/M&A - Band 1
Ranked Lawyers: Ahmad Fikri Assegaf (Band 1), Bono Adji (Band 1), Eko Basyuni (Band 3)

What the team is known for 
Market-leading corporate practice, active on some of the largest and most complex M&A transactions in the region. Advises major Indonesian clients and prominent international companies on joint ventures, foreign direct investment and private equity. Valued also for its work in real estate, particularly on hotel development deals and lease agreements. Regularly handles acquisitions pertaining to industrial, retail and residential properties.

Notable practitioners
Ahmad Fikri Assegaf regularly advises local and domestic clients on acquisitions and divestments in sectors such as healthcare, manufacturing and technology. "He brings a lot of gravitas and has a great depth of experience in different areas. He is very thoughtful, incisive and good at seeing the big picture while remaining on top of the details," a source says.

Bono Adji comes highly recommend by market commentators, who describe him as "a very smart, practical and hard-working lawyer." He acts for leading Indonesian corporates and global investors on high-value M&A and joint venture deals in a range of sectors.

Eko Basyuni is a well-regarded corporate lawyer, especially acting for international clients on FDI in Indonesia. He handles transactions in a range of areas, such as manufacturing and real estate.

Projects & Energy - Band 2
Ranked Lawyer: Ahmad Fikri Assegaf (Band 2)

What the team is known for 
Noted for advising some of the region's largest energy and resources companies, including government entities and export credit agencies. Proficient in handling project-related transactions, financings and development in the renewable energy space, as well as rail and telecommunications infrastructure developments. Frequently involved in cross-border matters for both lenders and project companies. Also able to handle contentious mandates in the projects and energy sector.

Notable practitioners
Ahmad Fikri Assegaf has considerable experience of handling project finance and capital markets deals in the energy sector. Of late, he has handled transactions relating to the coal plant, geothermal and mining sectors.