Representing Traveloka Group in Obtaining USD300 million in Financing from Various Leading Global Financial Institutions
We would like to congratulate Traveloka for successfully obtaining USD300,000,000 in financing, provided by a syndication of prominent foreign and local financial institutions, including INA, BlackRock, Allianz Global Investors, and Orion Capital Asia.
We are especially pleased to share that the deal attracted significant interest from numerous reputable and long-term capital providers, resulting in an oversubscribed transaction. The facility is set to assist Traveloka with its business expansion and we are confident that through Traveloka’s platform, this financing will have an expansive impact in reviving Indonesia’s hospitality and tourism sector after a tumultuous period during the COVID-19 pandemic.
Led by our Senior Partner Putu Raditya Nugraha, and assisted by Theresia Azalia, Shella Felicia, Jesseline Tiopan, Faris Alwi, Abiyyu Samudro, Nixie H., Pearl Wong, and Gabby Agnesya, we are honoured to act as the trusted counsel to Traveloka, a leading digital and travel pioneer within Indonesia and South-East Asia, in this stellar transaction. We are incredibly grateful for the chance to support the acceleration and growth to Indonesia’s hospitality and tourism digital ecosystem – in line with our vision to continue making a mark toward building a better Indonesia. Congratulations once again to all parties involved in this transaction!