Milbank excels across practice areas in Indonesia, including in banking & finance, capital markets, M&A as well as restructuring, with projects and energy playing a large role in the firm’s practice. Jacqueline Chan focuses on corporate finance, M&A and restructuring throughout Asia and including Indonesia and leads the practice alongside James Murray, David Zemans and Giles Kennedy, the latter who is active in debt and equity matters. ‘Excellent’ James Orme is experienced in complicated cross-border financings. Terrence O’Donnell was made partner at the end of 2022 and has a broad skillset in relation to capital markets issues.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Milbank are very capable and strong for any financial transaction across several industries.'

  • ‘Good time management and attention to detail.’

  • ‘James Orme is excellent as a partner handing this, flagging key items early on and is able to push for items to the lenders benefit.’

  • 'Milbank has unparalleled experience in project finance in Indonesia. The knowledge of the market and legal issues that arise in Indonesia is excellent and this helps negotiation and closing of transactions.'

  • 'Very strong and experienced team. It is such a good balance in this sense, so that on the client side we feel really comfortable discussing our concerns and commercial objectives, knowing that the Milbank team is always willing to brainstorm and make projects/transactions happen alongside us.'

Key clients

  • PT Kawasan Industri Jababeka Tbk
  • PT Lippo Karawaci Tbk
  • PT Amman Mineral Industri
  • PT Amman Mineral Nusa Tenggara
  • PT Alam Sutera Realty Tbk
  • PT Kimia Farma Tbk
  • FKS Food and Agri Pte Ltd
  • Emergent Logistics Pte. Ltd.
  • Singapore Telecommunications Limited
  • Grab Holdings Inc.
  • PT Bank Mandiri (Persero) Tbk
  • PT Bank Negara Indonesia (Persero) Tbk
  • PT Bank Uob Indonesia
  • PT Bank KB Bukopin Tbk
  • PT Supreme Energy
  • The Korea Trade Insurance Corporation
  • Australia and New Zealand Banking Group, Ltd
  • PT Bank Rakyat Indonesia Tbk
  • PT Bukalapak Tbk
  • PT Dayamitra Telekomunikasi (Mitratel)
  • PT Indofood CBP Sukses Makmur Tbk
  • PT Japfa Comfeed Indonesia Tbk
  • PT Medco Daya Abadi Lestari
  • PT Adaro Indonesia
  • Marubeni Corporation
  • Asian Development Bank
  • MUFG
  • Sumitomo Mitsui Banking Corp.
  • Bank of China
  • Barclays
  • Credit Suisse

Work highlights

  • Advised PT Kawasan Industri Jababeka Tbk, one of the largest industrial real estate developers in Indonesia, in connection with the exchange offer and exit consent solicitation for its $300m 6.5% Senior Notes 2023.
  • Advised PT Lippo Karawaci Tbk, one of the largest industrial real estate developers in Indonesia, in connection with the partial tender offer and consent solicitation for its outstanding $405m 8.125% Senior Notes due 2025 and $425m 6.75% Senior Notes due 2026.
  • Acted for PT Amman Mineral Nusa Tenggara as borrower counsel in connection with a senior secured term loan facility entered into with a number of regional commercial banks.

Lawyers

Hall of Fame
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Leading associates
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Leading partners
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Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

James Murray, David Zemans, Jacqueline Chan, Giles Kennedy

Other key lawyers

James Orme, Terrence O'Donnell