/Home/Asia-Pacific/Capital Markets in Indonesia/Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills
View profile of Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills
Department profile
Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills
Department profile | Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills
Capital Markets

About

Provided by Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills

Equity capital markets: We represent foreign arrangers and underwriters in Indonesia on both onshore and offshore components of capital markets offerings, and public M&A. We also represent major Indonesian companies as issuers. We act on IPOs, rights issues, private placements, block trades, re-IPOs and public M&A transactions.

Debt capital markets: Our debt capital markets practice covers the full range of debt capital markets transactions, including medium term bonds, government bonds, convertible bonds, exchangeable bonds, guaranteed bonds, high yield bonds, guaranteed bonds, subordinated bonds, and sustainable or “green” bonds.

Recent work highlights:

  • Amman Mineral Internasional in one of Asia's largest and most successful IPOs in 2023
  • CLSA, HSBC, Mandiri Sekuritas and Credit Suisse as underwriters in US$600 million IPO of Pertamina Geothermal Energy
  • Indo Premier Sekuritas, Trimegah Sekuritas Indonesia, UBS and Macquarie Capital as underwriters in US$600 million IPO of Merdeka Battery Materials
  • Credit Suisse, Morgan Stanley, BCA Sekuritas and BRI Sekuritas as underwriters in the US$500 million IPO of Global Digital Niaga (Blibli)
  • Credit Suisse, Deutsche Bank and CLSA as underwriters in US$1.1 billion IPO of Goto Gojek Tokopedia
  • Kookmin Bank on an IDR12 trillion (US$800 million) rights issue of Bank KB Bukopin
  • BofA Securities, Deutsche Bank, HSBC, JP Morgan and Credit Suisse as arrangers and underwriters of a switch tender offer by the Republic of Indonesia

Chambers Review

Provided by Chambers

Capital Markets - Indonesia

1
Band 1

What the Team is Known For

Hiswara Bunjamin & Tandjung has a respected capital markets law practice in Indonesia, receiving frequent instructions from global investment banks on bond offerings, as well as handling IPOs for international and Indonesian clients. The team is well versed in Regulation S and Rule 144A issuances and offers significant cross-border capability through its Herbert Smith Freehills association. The group is able to draw on expertise in sectors such as energy, financial services, consumer goods and TMT.

Work Highlights

Provided by Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills

  • Hiswara Bunjamin & Tandjung acted as Indonesian counsel to the underwriters in the IPO of Pertamina Geothermal Energy, a subsidiary of state oil and gas company Persero.

Strengths

Provided by Chambers

We are very grateful that the partners and team at Hiswara Bunjamin & Tandjung are very easily contactable and they are always very helpful in answering any queries that we have.

Capital Markets respondent
Asia-Pacific

The firm understands the intricacies of regulations, has competent partners and enough personnel to assist with any IPO matter in Indonesia.

Capital Markets respondent
Asia-Pacific

Notable Practitioners

Provided by Chambers

Tjahjadi Bunjamin
2
Tjahjadi Bunjamin
Head of Capital Markets
2
Band 2

Tjahjadi Bunjamin is well known in the Indonesian legal market for his knowledge of capital markets and banking transactions. He has experience in both IPO and bond issuances.

Tjahjadi Bunjamin is great. He is experienced and has been in the market for some time. He maintains very good contact with key regulators.

View Profile
Viska Kharisma
2
Viska Kharisma
Head of Capital Markets
2
Band 2

Viska Kharisma focuses on advising issuers and underwriters on equity capital markets issuances in the Indonesian market. Her expertise covers IPOs and public M&A, and she also has expertise in debt deals.

Viska Kharisma has been very helpful for us; her solutions on legal matters were key for the completion of our transactions.

View Profile
Dandy Firmansyah
3
Dandy Firmansyah
3
Band 3

Dandy Firmansyah is a partner in Jakarta who specialises in capital markets transactions, including IPOs and rights issues.

Dandy is very knowledgeable on regulations and is always on hand to assist us capably.

Dandy Firmansyah is exceptionally helpful and always happy to answer our queries. We got many insights from him about recent cases in the market in relation to the type of transaction that we handled.

View Profile

Ranked Lawyers at
Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills

Provided by Chambers
Filter by
Band

Indonesia

Capital Markets
Tjahjadi Bunjamin
2
Tjahjadi Bunjamin
Head of Capital Markets
2
Band 2
View Profile
Viska Kharisma
2
Viska Kharisma
Head of Capital Markets
2
Band 2
View Profile
Dandy Firmansyah
3
Dandy Firmansyah
3
Band 3
View Profile

Members

Provided by Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills

Defina Rosa Tantri

Ivina Louviani Suwana

Tjahjadi Bunjamin

Tjahjadi Bunjamin

Head of Department

Viska Kharisma

Viska Kharisma

Head of Department

Clients

Provided by Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills

Amman Mineral Internasional Tbk

BNI

BNP Paribas

BRI Danareksa

Barclays

CIMB

CLSA

Citigroup

Goldman Sachs

Jefferies

Kookmin Bank

Mandiri Sekuritas

OCBC

Republic of Indonesia

UBS

Industries

Provided by Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills

Agriculture and Agribusiness

Energy and Utilities

Financial Services

Industrials, Engineering and Manufacturing

Property, Construction and Infrastructure

Resources and Mining

Retail and Consumer

TMT