Fransisca is a Partner at Makes & Partners Law Firm and heads the Firm’s banking and finance, mergers and acquisitions and real estate practice groups.

Through the years, Fransisca has developed extensive expertise in delivering comprehensive and practical solutions for her clients’ issues. Fransisca’s intelligence and mastery of the law have earned her the unparalleled trust of clients who believe that she has the “right solution to immediately resolve even the hardest problems”.

Makes values diversity of talent and that is reflected in its team of roughly equal number of female and male lawyers. We have female foreign counsels that hail from the Philippines and Pakistan, and our administrative staff (accountings and secretaries) is female dominated as well. When it comes to recruitment, we are big proponents of prioritising talent over everything else and are therefore committed to providing equal opportunities to both female and male candidates.

Fransisca is your quintessential “power woman” and sets a great example of how women in our firm can emerge as strong leaders. She has received numerous awards and recognitions she has received for her impeccable work, including, among others: (i) Women Leaders of 2022 by IFLR1000; (ii) Distinguished Practitioner on Banking and Finance and Corporate and M&A practice area by Asialaw (2022) (iii)Highly Regarded Lawyer by IFLR1000 (2021); (iv)Leading lawyer in Indonesia for Banking and Finance, Corporate and M&A and Real Estate by Legal 500 and (v) Indonesia’s Top 100 Lawyers in The A List by Asia Business Law Journal (2018, 2019, 2020 and 2021)

Makes values diversity of talent and that is reflected in its team of roughly equal number of female and male lawyers. We have female foreign counsels that hail from the Philippines and Pakistan, and our administrative staff (accountings and secretaries) is female dominated as well. When it comes to recruitment, we are big proponents of prioritising talent over everything else and are therefore committed to providing equal opportunities to both female and male candidates.

Fransisca is your quintessential “power woman” and sets a great example of how women in our firm can emerge as strong leaders. She has received numerous awards and recognitions she has received for her impeccable work, including, among others: (i) Highly Regarded Lawyer by IFLR1000 (2021); (ii) Indonesia’s Top 100 Lawyers in The A List by Asia Business Law Journal (2018, 2019 and 2020); and (iii) Leading Lawyer in Indonesia for Banking and Finance and Restructuring and Insolvency by Legal 500 (2014).

• Fransisca led Makes in assisting PT Plaza Indonesia Investama (“PII”) in connection with the proposed syndicatio¬n of PII and PT Plaza Indonesia Realty Tbk. (“PIR” collectively with PII as the “Borrowers”) pursuant to the USD 265,000,000 Facility Agreement dated 24 May 2022 entered into by and between (i) the Borrowers, (ii) CIMB Bank Berhad, Singapore Branch, Credit Suisse AG, Singapore Branch, and PT Bank CIMB Niaga, Tbk as the mandated lead arrangers and bookrunners, RHB Bank (L) Ltd, Woori Bank Singapore Branch and PT Bank Woori Saudara Indonesia 1906, Tbk as mandated lead arrangers and BDO Unibank, Inc. (Singapore Branch) and PT Bank KEB Hana Indonesia as arrangers, (iii) the financial institutions listed in Schedule 1 (The Original Lenders) of the Facility Agreement as the original lenders (“Lenders”), (iv) PT Bank CIMB Niaga, Tbk as the agent and (v) PT CIMB Niaga Tbk as security agent, in the aggregate principal amount of up to USD265,000,000 and the accordion facility in the amount of up to USD35,000,000 (“Facility Agreement”).
• Fransisca led Makes in assisting PT Gajah Tunggal Tbk (the “Client”), a prominent tire-manufacturing company in Indonesia, and in its incurrence of a new credit facility with the tenor of 7 years from a syndication of banks comprising of PT Bank Central Asia Tbk (“BCA”), PT Bank Permata Tbk (“Permata”) and PT Bank KEB Hana Indonesia as the original lenders (“Original Lenders”), in Rupiah denomination in the amount of IDR1,325,000,000,000 (“New Facility”) pursuant to a Syndication Credit Facility Agreement dated February 26th, 2021 entered into by (i) Client as the borrower, (ii) BCA as mandated lead arranger and bookrunner, (iii) Original Lenders as the creditors, (iv) BCA as the facility agent of the financing parties and (v) Permata as the security agent of the financing parties.
• Fransisca was the lead partner for representing the client, Auric Digital Retail Pte. Ltd (“BidCo”), to perform a Voluntary Tender Offer (“VTO”) of PT Matahari Department Store Tbk (“MDS”) [MDS is the pioneer of the department store format and is currently the largest retail company in Indonesia, operating 147 outlets in 76 cities] shares and provision of a loan from CIMB Bank Berhad, Singapore Branch (“CIMB”) to BidCo in the amount of S$95,000,000, the proceeds of which were used to finance the VTO.
• Fransisca was the lead partner in the Public Offering of Dana Investasi Real Estat (Real Estate Investment Fund or "DIRE") Simas Plaza Indonesia by PT Sinarmas Asset Management, which included the sale of majority shares of PT Plaza Indonesia Realty Tbk. DIRE Simas Plaza Indonesia is the largest DIRE that has ever been offered in Indonesia, and the first DIRE whose units are listed on the Indonesia Stock Exchange with the total asset amounting to IDR 13 Trillion (approximately USD919 million).

• Banking and finance
• Corporate and M&A
• Private equity
• Restructuring and insolvency

• Banking and financial services
• Consumer goods and services
• Real estate

• Indonesian Bar Association (PERADI)

• Bachelor of Law, University of Trisakti, (1998)