Theresia Azalia has assisted local and major multinational institutions in transactional and advisory matters involving banking & finance, mergers & acquisitions, general corporate and employment. She joined UMBRA as an associate in 2019. Prior to joining UMBRA, she worked with other reputable law firm in Indonesia. During her career she has assisted in numerous high profile offshore syndicated loans in Indonesia.

 

Theresia is an active member of the Association of Indonesian Advocates (Perhimpunan Advokat Indonesia). She is fluent in both Indonesian and English.

Theresia Azalia

Associate
+62 21 5082 0999

theresia@umbra.law

Practice Focus

Banking and Finance, Mergers and Acquisition, General Corporate

 

Sub-Practice & Industry

Debt Restructuring, Corporate Finance, Project Finance, Regulatory Compliance

 

Language

Indonesian & English

Professional Affiliations

  • Member of the Association of Indonesian Advocates (PERADI)

 

Education

  • University of Indonesia, Bachelor of Law (SH) – cumlaude (2015)

Banking & Finance

  • Representing DBS Bank Ltd, Oversea-Chinese Banking Corporation Limited, United Overseas Bank Limited in relation to the SGD99,000,000 term loan facility (club loan) for an Indonesia shipping company and its subsidiaries.
  • Representing an Indonesia company as a borrower regarding syndication facility from PT Bank Maybank Indonesia Tbk, PT Bank Danamon Indonesia Tbk, Raiffeisen Bank International A.G., PT Bank Muamalat Indonesia Tbk, and PT Bank Syariah Mandiri with Syariah terms and conventional terms.
  • Representing PT Perkebunan Nusantara III in relation to the restructuring of syndication facility for its subsidiaries companies with PT Bank Mandiri (Persero) Tbk, PT Bank Rakyat Indonesia (Persero) Tbk, and PT Bank Negara Indonesia (Persero) Tbk.
  • Assisting in the US$1.85bn financing project (arranged by a syndication of 12 major foreign and local banks) for the US$4.6bn Jambaran-Tiung-Biru (JTB) gas field unitization project.
  • Representing PT Sarana Multi Infrastruktur (Persero) in relation to numerous financing project for the development of power plan in Indonesia.
  • Representing DBS Bank Ltd as a purchaser in the sale and purchase of invoices with a value of up to USD 600 million under Network Procurement Agreement.
  • Representing Banco Bilbao Vizcaya Argentaria, S.A. as the purchaser of receivables owned by PT Huawei Tech Investment under Network Procurement Agreement
  • Representing a United States fund in the sale and purchase of non-performance loan from a multi-national bank in Indonesia with value exceeding IDR1 trillion.
  • Acting as an Indonesian counsel for various banks and financial institutions in Singapore and Hong Kong in relation to numerous credit facilities granted to Indonesian and Singapore borrowers.
  • Representing BNP Paribas in relation to numerous credit facilities granted to Indonesian borrowers for vessels construction and procurement and corporate financing.
  • Representing Chailease International Financial Services Co., Ltd and its affiliates in relation to numerous credit facilities granted to Indonesian borrowers.
  • Representing Alpha Bank (second largest Greek bank) and its affiliates in relation to numerous credit facilities granted to Indonesian borrowers.
  • Representing KEB Hana Bank in its USD40.000.000 term loan facility to an Indonesia coal mining company.
  • Representing a state-owned electricity company in the preparation of PPA for the development of Cirata Floating Solar PV Project 145 MWac floating solar PV project.
  • Representing a multi-national investment fund in the USD10 million term loan facility to an Indonesian financial institution.
  • Representing a multi-national investment fund in the USD4 million facility in relation to the funding for an Indonesian start-up companies.
  • Advising PT Indonesia Commodity & Derivatives Exchange (ICDX) with regards to the electronic warehouse receipt as a collateral.
  • Advising Euronet in its proposed business activities in Indonesia.
  • Assisting in the establishment of a new peer to peer lending company.
  • Advising various international financial institution in relation to the enforcement of security rights in Indonesia including procedures of ship arrest and implementation of IDERA under Indonesian law.
  • Acting as an Indonesian counsel for advising a subsidiary of a leading end to end logistics service company in issuance of medium-term notes, including conducting a legal due diligence.
  • Assisting in the listing of crypto asset to PT Indodax Nasional Indonesia (Indodax).
  • Advising on regulatory framework on consumer protection, personal data protection and anti-money laundering and anti-terrorism funding requirements for multinational technology companies.
  • Advising finance and technology companies on product structuring and compliance requirements for card-based payments, electronic money (e-money) and the offering of offshore financial products in Indonesia.

 

M&A

  • Representing the Seller in the acquisition of PT Primasia Unggul Sekuritas by Ajaib Group.
  • Representing EMPG Group (one of the leading digital classifieds groups in the MENA, South Asia and Southeast Asia regions) in the global acquisition of Lamudi Group (an online property platform focused on emerging markets).
  • Representing and performing due diligence in relation to acquisition of 8 (eight) five-star hotels in Indonesia.
  • Representing and performing due diligence in relation to the acquisition of a freight forwarding company in Indonesia, this includes preparing the related transaction documents.
  • Assisting in the divestment of a logistic company.

 

Other

  • Assisting Badan Pengelola Tabungan Perumahan Rakyat, a recent institution formed by the Indonesian government for the purpose of providing housing for low-income people in Indonesia, in the preparation of issuance of its technical regulation.
  • Advising PT Line Plus Indonesia on the structuring of its business activities in Indonesia.
  • Assisting a state-owned bank in the standardization of its loan documents.
  • Assisting major financing company in the standardization of its finance documents.
  • Representing a global construction company headquartered in South-Korea in the proposed cooperation with an Indonesian major real-estate developer.
  • Assisting a multinational financing company to draft the Indonesian Anti Money Laundering Guidelines.
  • Advising various major international advertisement company in relation to Indonesia advertising. This includes advising on Indonesian regulatory law issues, its operational contracts and general corporate commercial law issues.
  • Acting as an Indonesian counsel for numerous international airlines company including, among others, All Nippon Airways Co., Ltd, Qatar Airways Q.C.S.C., Emirates Airlines, Oman Air, and Qantas Airways Limited in relation to Indonesian regulatory compliance.
  • Advising a Spain home appliances distribution company regarding establishment of a new Indonesia Company in Indonesia and distributor agreement.
  • Preparing feasibility study regarding establishment of shipping company in Indonesia.
  • Preparing legal memorandum for an Indonesia shipping company with regards to the procurement of vessels.
  • Advising various logistic company in day to day matters.
  • Advising on and assisting in compliance and licensing requirements for various foreign investment companies
  • Advising several foreign companies relating to its manpower issues.
  • Assisting a property company on the proposed initial public offering.
  • Acting as an Indonesian counsel for drafting Pre-Feasibility Study Development in relation to a Public Partnership Project (oil refinery project in Bontang).
  • Global Merger Control Handbook, Volume 1 (A-E): Indonesia
    Chapter, published by Globe Law and Business Ltd (2019)
ABOUT

Theresia Azalia has assisted local and major multinational institutions in transactional and advisory matters involving banking & finance, mergers & acquisitions, general corporate and employment. She joined UMBRA as an associate in 2019. Prior to joining UMBRA, she worked with other reputable law firm in Indonesia. During her career she has assisted in numerous high profile offshore syndicated loans in Indonesia.

 

Theresia is an active member of the Association of Indonesian Advocates (Perhimpunan Advokat Indonesia). She is fluent in both Indonesian and English.

Theresia Azalia

Associate
+62 21 5082 0999

theresia@umbra.law

Practice Focus

Banking and Finance, Mergers and Acquisition, General Corporate

 

Sub-Practice & Industry

Debt Restructuring, Corporate Finance, Project Finance, Regulatory Compliance

 

Language

Indonesian & English

PROFILE DETAILS

Professional Affiliations

  • Member of the Association of Indonesian Advocates (PERADI)

 

Education

  • University of Indonesia, Bachelor of Law (SH) – cumlaude (2015)
REPRESENTATIVE DEALS

Banking & Finance

  • Representing DBS Bank Ltd, Oversea-Chinese Banking Corporation Limited, United Overseas Bank Limited in relation to the SGD99,000,000 term loan facility (club loan) for an Indonesia shipping company and its subsidiaries.
  • Representing an Indonesia company as a borrower regarding syndication facility from PT Bank Maybank Indonesia Tbk, PT Bank Danamon Indonesia Tbk, Raiffeisen Bank International A.G., PT Bank Muamalat Indonesia Tbk, and PT Bank Syariah Mandiri with Syariah terms and conventional terms.
  • Representing PT Perkebunan Nusantara III in relation to the restructuring of syndication facility for its subsidiaries companies with PT Bank Mandiri (Persero) Tbk, PT Bank Rakyat Indonesia (Persero) Tbk, and PT Bank Negara Indonesia (Persero) Tbk.
  • Assisting in the US$1.85bn financing project (arranged by a syndication of 12 major foreign and local banks) for the US$4.6bn Jambaran-Tiung-Biru (JTB) gas field unitization project.
  • Representing PT Sarana Multi Infrastruktur (Persero) in relation to numerous financing project for the development of power plan in Indonesia.
  • Representing DBS Bank Ltd as a purchaser in the sale and purchase of invoices with a value of up to USD 600 million under Network Procurement Agreement.
  • Representing Banco Bilbao Vizcaya Argentaria, S.A. as the purchaser of receivables owned by PT Huawei Tech Investment under Network Procurement Agreement
  • Representing a United States fund in the sale and purchase of non-performance loan from a multi-national bank in Indonesia with value exceeding IDR1 trillion.
  • Acting as an Indonesian counsel for various banks and financial institutions in Singapore and Hong Kong in relation to numerous credit facilities granted to Indonesian and Singapore borrowers.
  • Representing BNP Paribas in relation to numerous credit facilities granted to Indonesian borrowers for vessels construction and procurement and corporate financing.
  • Representing Chailease International Financial Services Co., Ltd and its affiliates in relation to numerous credit facilities granted to Indonesian borrowers.
  • Representing Alpha Bank (second largest Greek bank) and its affiliates in relation to numerous credit facilities granted to Indonesian borrowers.
  • Representing KEB Hana Bank in its USD40.000.000 term loan facility to an Indonesia coal mining company.
  • Representing a state-owned electricity company in the preparation of PPA for the development of Cirata Floating Solar PV Project 145 MWac floating solar PV project.
  • Representing a multi-national investment fund in the USD10 million term loan facility to an Indonesian financial institution.
  • Representing a multi-national investment fund in the USD4 million facility in relation to the funding for an Indonesian start-up companies.
  • Advising PT Indonesia Commodity & Derivatives Exchange (ICDX) with regards to the electronic warehouse receipt as a collateral.
  • Advising Euronet in its proposed business activities in Indonesia.
  • Assisting in the establishment of a new peer to peer lending company.
  • Advising various international financial institution in relation to the enforcement of security rights in Indonesia including procedures of ship arrest and implementation of IDERA under Indonesian law.
  • Acting as an Indonesian counsel for advising a subsidiary of a leading end to end logistics service company in issuance of medium-term notes, including conducting a legal due diligence.
  • Assisting in the listing of crypto asset to PT Indodax Nasional Indonesia (Indodax).
  • Advising on regulatory framework on consumer protection, personal data protection and anti-money laundering and anti-terrorism funding requirements for multinational technology companies.
  • Advising finance and technology companies on product structuring and compliance requirements for card-based payments, electronic money (e-money) and the offering of offshore financial products in Indonesia.

 

M&A

  • Representing the Seller in the acquisition of PT Primasia Unggul Sekuritas by Ajaib Group.
  • Representing EMPG Group (one of the leading digital classifieds groups in the MENA, South Asia and Southeast Asia regions) in the global acquisition of Lamudi Group (an online property platform focused on emerging markets).
  • Representing and performing due diligence in relation to acquisition of 8 (eight) five-star hotels in Indonesia.
  • Representing and performing due diligence in relation to the acquisition of a freight forwarding company in Indonesia, this includes preparing the related transaction documents.
  • Assisting in the divestment of a logistic company.

 

Other

  • Assisting Badan Pengelola Tabungan Perumahan Rakyat, a recent institution formed by the Indonesian government for the purpose of providing housing for low-income people in Indonesia, in the preparation of issuance of its technical regulation.
  • Advising PT Line Plus Indonesia on the structuring of its business activities in Indonesia.
  • Assisting a state-owned bank in the standardization of its loan documents.
  • Assisting major financing company in the standardization of its finance documents.
  • Representing a global construction company headquartered in South-Korea in the proposed cooperation with an Indonesian major real-estate developer.
  • Assisting a multinational financing company to draft the Indonesian Anti Money Laundering Guidelines.
  • Advising various major international advertisement company in relation to Indonesia advertising. This includes advising on Indonesian regulatory law issues, its operational contracts and general corporate commercial law issues.
  • Acting as an Indonesian counsel for numerous international airlines company including, among others, All Nippon Airways Co., Ltd, Qatar Airways Q.C.S.C., Emirates Airlines, Oman Air, and Qantas Airways Limited in relation to Indonesian regulatory compliance.
  • Advising a Spain home appliances distribution company regarding establishment of a new Indonesia Company in Indonesia and distributor agreement.
  • Preparing feasibility study regarding establishment of shipping company in Indonesia.
  • Preparing legal memorandum for an Indonesia shipping company with regards to the procurement of vessels.
  • Advising various logistic company in day to day matters.
  • Advising on and assisting in compliance and licensing requirements for various foreign investment companies
  • Advising several foreign companies relating to its manpower issues.
  • Assisting a property company on the proposed initial public offering.
  • Acting as an Indonesian counsel for drafting Pre-Feasibility Study Development in relation to a Public Partnership Project (oil refinery project in Bontang).
PUBLIC SPEAKING & ACADEMIC ACTIVITIES
  • Global Merger Control Handbook, Volume 1 (A-E): Indonesia
    Chapter, published by Globe Law and Business Ltd (2019)