Email address
[email protected]Contact number
+62 21 2996 9200About
Provided by Ashurst
The Oentoeng Suria & Partners market-leading banking and finance team provides fully-integrated advice in relation to banking and finance transactions. We advise our clients on the structuring and implementation of cross-border and domestic financing transactions in Indonesia. Our team has extensive experience across the full spectrum of products, including loans, the debt and equity capital markets, project financing and refinancing of the proposed bridge facility.
We combine extensive international experience with in-depth local and industry knowledge, priding ourselves on providing practical and commercial, solutions-focused advice, helping our clients complete their transactions effectively and efficiently.
Our most recent relevant experiences includes advising China Development Bank in relation to the financing of Jakarta-Bandung High Speed Railway project, PT Bank Negara Indonesia (Persero) Tbk in relation to USD 231 million to a gold mining company in Indonesia, PT Bank Mandiri (Persero) Tbk in relation to USD 350 million loan financing to PT Perusahaan Gas Negara Tbk, a group of national and international lenders (including CEXIM) led by DBS Bank Ltd in USD 565 million financing transaction for phase 2 development and construction of the largest alumina smelting facility in Indonesia, located in Kalimantan.
Chambers Review
Oentoeng Suria & Partners has a notable legal practice in Indonesia's banking and finance space, frequently assisting foreign and Indonesian banks with high-value power and infrastructure financings. The firm also advises both lenders and borrowers on general banking deals and restructuring matters, including in the rail, energy and mining sectors. The group regularly leverages the international Ashurst network to provide extensive cross-border services to clients. The team is particularly well placed to service Chinese clients.
Work Highlights
- Oentoeng Suria & Partners acted as lenders' legal counsel to Perkebunan Nusantara III and its subsidiaries on a USD1.9 billion transaction to refinance the existing restructured debt of PTPN 3 Group.
Notable Practitioners
Rizaldy Tauhid is a partner in Jakarta who is noted for representing clients such as development banks and international and local lenders, and he is especially active in project financing.