Paula Aprijanto

UMBRA - Indonesia



+62 21 5082 0980

Rising star

Indonesian English



Practice areas:

Capital markets

Paula joins as an Associate of UMBRA – Strategic Legal Solutions on April 2018.

Her main practice includes equity and debt securities offering, domestic or international (based on Rule 144A/Reg S of the US Securities Act of 1933), material and affiliated transaction as well as compliance and good corporate governance (focusing on public companies).

Paula has extensive experience both in transactional and advisory works. She has assisted new issuer to the Indonesian capital market as well as advising various public companies facing regulatory and policy complexities.

She is recently recognized as the youngest IFLR - Asia Future Leaders 2021 from Indonesia.

  • Representing PT PLN (Persero) ("PLN") in its offering of Rp30 trillion bonds and Ijarah Sukuk as part of its 2020-2022 shelf offering program (Penawaran Umum Berkelanjutan) (2020-2022).
  • Representing PT Bumi Resources Minerals Tbk in its Rights Issue (2020-2021).
  • Representing PT Kereta Api Indonesia (Persero) in its cooperation and partnership with PT Jakarta Propertindo (Perseroda) for the establishment of DKI Jakarta Transportation Holding Company which will fully integrate the DKI Jakarta mass rail transportation (2020).
  • Representing and assisting Ministry of State-owned Enterprises, PT Bio Farma (Persero), PT Kimia Farma Tbk and PT Indo Farma Tbk for the proposed establishment of Indonesian State-Owned Pharmacy Holding (2020).
  • Representing and assisting PT Perusahaan Gas Negara Tbk in its proposed acquisition by PT Pertamina (Persero) for the establishment of Indonesian State-Owned Gas Sub-Holding (2018).

  • Capital markets: Debt
  • Capital markets: Equity
  • Investment funds
  • M&A
  • Securitisation

  • Government and public policy
  • Industrials
  • Oil and gas
  • Pharma and life sciences
  • Tech and telecoms

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