Deals

October 17, 2019 In Deals

The signing ceremony of the cooperation agreement and power purchase agreement for the development of the 35MW Sunter ITF Plant

Our power and infrastructure partner, Kirana Sastrawijaya and our lawyers, Amelia Rohana Sonang and Qamelya Risma, attended the signing ceremony of the cooperation agreement and power purchase agreement for the development of the 35MW Sunter Intermediate Treatment Facility (ITF) Plant – one of the first...

October 16, 2019 In Deals

The acquisition & lease back of 2,100 telecommunication towers of Indosat Ooredoo

Congratulations to Telkom Indonesia and PT. Dayamitra Telekomunikasi (Mitratel) for the acquisition & lease back of 2,100 telecommunication towers of Indosat Ooredoo which was carried out through a highly competitive bidding process involving prominent players in the industry. The transaction signifies a major milestone for...

October 9, 2019 In Deals

Dual Fuel Engine Barge Mounted Power Plant (BMPP) 150MW

Congratulations to PT PLN (Persero), PT Indonesia Power and PT PAL INDONESIA (Persero) on the signing of the project documents for the development of 150MW dual fuel engine Barge Mounted Power Plant (BMPP) project. Following a complex structuring and tough contract negotiation process led by...

August 19, 2019 In Deals

Representing PT Pertamina EP Cepu (PEPC) in the US$1.85bn financing for the US$4.6bn Jambaran-Tiung-Biru (JTB) gas field unitization project.

We would like to congratulate PT Pertamina EP Cepu (PEPC) for the successful closing of its US$1.85bn financing (arranged by a syndication of 12 major foreign and local banks) for the US$4.6bn Jambaran-Tiung-Biru (JTB) gas field unitization project, which is one of Indonesia Government's national...

August 13, 2019 In Deals

Successful settlement of a cross border multi million dollar dispute

We are proud to announce that UMBRA’s Litigation and Alternative Dispute Resolution department, led by our partners, Melati Siregar and Pramudya A. Oktavinanda has successfully assisted our client in carrying out a cross border multi million-dollar out-of-court settlement process involving a dispute of mineral commodity...

August 9, 2019 In Deals

Representing PT Pertamina (Persero) in its offering of USD 1.5 billion Global Medium-Term Notes Program (2019)

Led by our Partners, Pramudya A. Oktavinanda and Ahmad Zakaria, and Associate, Paula Aprijanto, UMBRA recently acted as the issuer counsel for PT.Pertamina (Persero) in its successful issuance of USD1.5 billion global bonds which will be used to support the company's capital expenditure budget. Hailed...

January 2, 2019 In Deals

Acquisition of PT Pertamina Gas by PT Perusahaan Gas Negara Tbk. (Indonesian Oil and Gas Industry Consolidation)

Closing a major deal is one of the best ways to close a successful year. On 28 December 2018, PGN completed the US$1.35 billion (equivalent to Rp20 trillion) acquisition of 51% shares of PT Pertamina Gas (Pertagas) from PT Pertamina (Persero), signifying the completion of...

October 1, 2018 In Deals

Congratulations on the IPO of PT Natura City Developments Tbk.

We would like to congratulate our client, PT Natura City Developments Tbk. (“NCD”), which successfully listed its 2,600,000,000 shares and 975,000,000 warrants at the Indonesia Stock Exchange (“IDX”) on 28 September 2018....

May 17, 2018 In Deals

Ground Breaking for Construction of Sion Hydro Power Plant Project

On 15 May 2018, UMBRA, represented by its counsel, Liyanto Wijaya, attended the ground breaking ceremony for the construction of Sion Hydro Power Plant Project located in Humbang Hasundutan, North Sumatera....

March 23, 2018 In Deals

Syndicated Credit Facilities Signing of PT Telekomunikasi Indonesia International

On 23 March 2018, UMBRA represented PT Telekomunikasi Indonesia International ("Telin") as the borrower in a USD90 million term loan syndication deal, with PT Bank Mandiri (Persero) Tbk. and PT Bank Sumitomo Mitsui Indonesia acting as Mandated Lead Arrangers....