Acted for the local branch of an offshore bank in its US$120 million term and revolving facilities to a Singapore borrower in the palm oil business, the proceeds of which are to be applied towards refinancing existing liabilities, working capital and pre-export financing needs. The facilities are guaranteed by several Indonesian Borrowers and secured primarily against land and other assets in Indonesia.
Transactions
Advised genco and EPC company in their investment in an Indonesian project company
Advised a PRC based genco and EPC company in their investment in an Indonesian project company, and the sale of a US$175 million, 2 X 55 MW turnkey coal fired power plant to the project company in Indonesia (Batam), and advising on the procurement of financing.
Advised Indonesian financial institution in US$238,000,000 facilities
Advised an Indonesian financial institution in the facilities to an Indonesian listed energy group of secured facilities aggregating US$238,000,000.
Advised British Virgin Island seller in US$59,520,000 acquisition
Advised a British Virgin Island seller in a US$59,520,000 acquisition of 100% stakeholding in a Singapore subsidiary company which has investments in various Indonesian coal mining companies by a Japanese listed commodities trading group.
Advised Singapore seller in US$60 million acquisition
Advised a Singapore seller in a US$60 million acquisition of 25% stakeholding in a listed Indonesian infrastructure company.
Advised Hong Kong seller in US$210 million acquisition
Advised a Hong Kong seller in a US$210 million acquisition of 75% stakeholding in an Indonesian coal mining company with coal mining concessions by an Indonesian publicly listed integrated coal mining and energy company.
Involved with advisory work for EPC contractor and investor on coal-fired team power plant in Indonesia
Involved with advisory work for an EPC contractor and investor on a 3 x 130 MW coal-fired steam power plant in Indonesia including undertaking due diligence, EPC contract, operation and maintenance contract, power purchase agreement.
Involved with advisory work for a bidding consortium on coal fire power plant in Central Java
Involved with advisory work for a bidding consortium on PLN’s 2 x 1000 MW coal fire power plant in Central Java, Indonesia, including pre-qualification documents, request-for-proposal documents, power purchase agreement.
Acted for Singapore branch offshore financial institution in its US$25 million secured loan
Acted for a Singapore branch of an offshore financial institution in its US$25 million secured loan to a Singapore company for its rubber production.
Acted for TexDAX-listed company on the purchase of an Indonesian IT company
Acted for a company listed on the TexDAX of the German Stock Exchange, on the purchase of the entire issued and paid-up share capital of an Indonesian IT company. The consideration comprises cash payments of approximately EUR39.7million and earn-out components of up to approximately EUR4.7 million, dependent on the operational profit of the acquired company in the years 2012 to 2014.