Maxpower Group Restructuring Deal has recently been Shortlisted in Two Reputable International Legal Directories
We are proud to announce that our Maxpower Group Restructuring deal has recently been shortlisted in two reputable international legal directories, being: (i) “Restructuring Deal of the Year” by IFLR Asia Pacific Awards 2020, and (ii) “Finance Deal of the Year: Insolvency and Restructuring” by The Asia Legal Awards 2020.
Pramudya A. Oktavinanda, Kirana Sastrawijaya, Putu Raditya Nugraha led UMBRA in the cross-border acquisition of Maxpower Group, an international power company with total installed gas power plant assets amounting to 424MW worth capacity, that span across the South East Asia Region and the debt restructuring of USD222,000,000 Facilities Agreement entered into between Indonesia Eximbank, PT Sarana Multi Infrastruktur (Persero), PT Indonesia Infrastructure Finance, PT Bank Mandiri (Persero) Tbk and Chailease International Financial Services Co. Ltd. as the syndication lenders and PT Maxpower Indonesia (formerly known as PT Navigat Energy) and Navigat Energy Pte. Ltd as borrowers.
With the completion of the deal, we wish PT Infra Daya Energia a great success and hope that this deal establish stronger footing of their power business across Southeast Asia.
Thank you for the trust given to us.