ABNR Counsellors at Law can cover a wide range of work relating to domestic and offshore debt and equity offerings, working with insurers and underwriters in IPOs, secondary offerings, private placements, and debt offerings. The firm has an established capacity to handle work relating to the shipping and finance sectors, and a track record in handling cross-border mandates relating to the Indonesian market. Chandrawati Dewi heads up this work, specialising in offshore debt and equity offerings by both national and multinational clients, and is able to draw upon the capital markets expertise of other notable lawyers Rita Taufik, Theodoor Bakker, Ayik Candrawulan Gunadi, Nafis Adwani, Freddy Karyadi, and the recently promoted Maher Sasongko, who was made partner in January 2023.

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Key clients

  • PT Bank IBK Indonesia, Tbk
  • PT Samudera Indonesia Tbk
  • PT Kereta Api Indonesia (Persero)
  • PT Bank Aladin Syariah Tbk
  • PT Kliring Penjaminan Efek Indonesia
  • PT Kustodian Sentral Efek Indonesia

Work highlights

  • Advised Indonesian shariah-based lender PT Bank Aladin Syariah Tbk for their USD275m rights issue, and their subsequent USD 79.5-million Private Placement.
  • Advised PT Bank IBK Indonesia Tbk on their fourth rights issue that raised USD74m in fresh funds for the company.
  • Advised South Korea-based Woori Card Ltd on their acquisition of an 83% interest in major Indonesian finance company PT Batavia Prosperindo Finance Tbk.

Practice head

The lawyer(s) leading their teams.

Chandrawati Dewi

Other key lawyers

Rita Taufik, Theodoor Bakker, Ayik Gunadi, Nafis Adwani, Freddy Karyadi, Maher Sasongko