Assegaf Hamzah & Partners acts on work across the financial and corporate spectrum. Since May 2013 the firm has enjoyed a strategic alliance with the Southeast Asia network of Singaporean law firm Rajah & Tann.
In banking the firm advised Barito Pacific on a $250 million financing and is providing advice to Indonesia Infrastructure Finance on a $200 million two-step loan with a complicated structure involving the Government of Indonesia.
In the capital markets the firm primarily advises Indonesian companies but also does some work for international financial institutions. Most of its work is related to bond issues with some relating to equity transactions. Japfa Comfeed Indonesia was a repeat client.
In M&A the firm advised Provident Agro on its sales of stakes in four plantation companies, Global Kalimantan Makmur, Semai Lestari, Nusaraya Permai and Saban Sawit Subur. The firm also advised a consortium of investors on the acquisition of Chevron’s Indonesian and Phillipino geothermal business.
The projects work disclosed to us related primarily but not exclusively to the financing of energy generation and infrastructure projects.
The firm’s restructuring and insolvency work includes debt recovery, liquidation proceedings and the restructuring of loans. Examples include advising Raiffeisen Bank International on bringing bankruptcy proceedings against a debtor in default.
The firm has grown domestically in recent years. In early 2016 the firm opened a second office in Surabaya, the capital of East Java.
“Assegaf Hamzah & Partners consistently assigned right team members for supporting our company projects. They maintain very good and transparent communications as well as providing prudent legal advice and support to our company meeting the project objective and deadlines, at the same time they continuously maintain their professional independency as a reputable law firm.” – Banking and finance and M&A
“AHP is one of the top 10 law firms in Indonesia and our experience with them certainly proved that they deserved the recognition given to them. The team is very responsive, helpful and very competent in the capital markets sector. We are satisfied with the services given by the firm.” – Capital markets
“Prudent, knowledgeable in energy and financing projects and consistently exceeds client's expectations for the project assigned.”
“Very helpful and very hard working. Always accessible 24/7 and closely monitors the engagement. Always gives us a heads up related to the requirements needed.”