Maxpower Group Restructuring awarded as the Restructuring Deal of the Year by IFLR Asia-Pacific Award 2020
A tremendous honor for UMBRA – Strategic Legal Solutions to act as the Indonesian leading legal counsel in the Maxpower Group Restructuring deal which was awarded as the Restructuring Deal of the Year at the IFLR Asia-Pacific Award 2020.
This landmark transaction requires our combined expertise of M&A, power, and debt restructuring as the deal involves a sophisticated arrangement among the new investor, management of Maxpower, and the global syndicated lenders, enabling Maxpower Group to revamp its management in cooperation with the new investor and restructure its USD222,000,000 debt to restart its business. The UMBRA team was led by Pramudya A. Oktavinanda, Kirana Sastrawijaya, and Putu Raditya Nugraha.
Our sincere thanks to Jamie Thomas at Gibson, Dunn & Crutcher LLP, Matt Becker at Deloitte, and Maxpower Group for their great cooperation which allow the parties to complete this tough deal in such a tight schedule!
The complete rankings can be accessed here
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