Ainun Angelina
Senior Associate
Ainun is a seasoned banking and finance lawyer offering comprehensive counsel across the entire financing transactions. Specializing in domestic and cross-border corporate finance transactions with a focus on bilateral loan, syndicated credit facilities and complex secured lending transactions, Ainun also brings substantial experience in capital markets, mergers and acquisitions, foreign direct investment (including structuring and set-ups), joint ventures, general corporate and commercial, regulatory compliance and licensing. She also advises corporate borrowers and financiers in relation to distressed loans, corporate and debt restructuring.
Adept at bringing together and coordinating multi-disciplinary teams of lawyers, accountants, tax experts and risk advisors, she has led and assisted both domestic and multinational clients on their strategic financing transactions, corporate actions, regulatory compliance and licensing, market entry and expansion to Indonesia across a diverse range of highly regulated industries, from financial services, digital payment and fintech to energy and natural resources, TMT (technology, media and telco) and tourism, including liaising with key stakeholders on regulatory matters to provide a reliable guide to the clients in navigating the regulatory maze and dynamic legal landscapes in Indonesia.
Among her notable transactions, Ainun assisted both PT Adaro Indonesia as the borrower and PT Alamtri Resources Indonesia Tbk (previously PT Adaro Energy Tbk as the guarantor in a USD 400 million syndicated loan transactions, and also advised PT Bank OCBC NISP Tbk as the facility agent for the extension of IDR 1.3 trilion and USD14 million credit facilities to an Indonesia palm plantation company. In other significant financing mandates, Ainun was a key contributing lawyer on the lender side in the provision of USD 75 million loan facilities from ABN Amro Bank N.V Singapore to an Indonesian plantation company, and also acted for UOB Kay Hian Credit Pte. Ltd in a USD 45 million credit facility arrangement entered into with a publicly listed Indonesian property company.
Ainun is renowned for her pragmatic legal advice, strong business acumen and strategic commercial approach while also being responsive to the needs and timeframes of the clients. She is keenly focused on providing practical commercial solutions and has a particular interest in understanding transaction objectives and collaborating on the formulation of, and executing transaction strategy.
Education:
2008 -2011, 8 Senior High School2011 -2015, University of Indonesia, Faculty of Law, Business Law MajorLanguages:
EnglishIndonesianIndustries
Banking & Finance
Experience
- Represented PT Mandiri Sekuritas, PT BNI Sekuritas, PT BRI Danareksa Sekuritas, and PT CIMB Niaga Sekuritas in IDR 1.5 trillion shares placement by a group of shareholders of PT Bank Syariah Indonesia Tbk.;
- Advising a key player financial service public company as the new controller in a proposed acquisition of a reinsurance company;
- Advising a group of companies as the buyer of a proposed acquisition of a consumer goods manufacturer public company;
- Represented PT Famon Awal Bros Sedaya Tbk on the Initial Public Offering;
- Represented PT Bank Ina Perdana Tbk on the issuance of Rights Issue for the purpose of fulfillment of the minimum capital;
- Advised a Singaporean company acting as the Issuer of a Regulation S regulated Notes issuance to prepare the relevant Indonesian sections of the information memorandum;
- Representing a pharmaceutical company in its proposed Initial Public Offering;
- Assisted the individual buyer as the new controller in the acquisition of PT Trimegah Sekuritas Indonesia Tbk;
- Represented PT Bukit Makmur Mandiri Utama as the borrower and PT Delta Dunia Makmur Tbk as the guarantor in a USD350 million facility provided by PT Bank Mandiri Tbk;
- Represented PT Adaro Indonesia as the borrower and PT Adaro Energy Tbk as the guarantor in a USD400 million syndicated loan;
- Represented PT Adaro Power as the borrower and PT Adaro Energy Tbk as the guarantor in a USD120 million syndicated loan;
- Represented PT Makmur Sejahtera Wisesa as the borrower and PT Adaro Energy Tbk as the guarantor in a USD80 million syndicated loan;
- Represented PT Saptaindra Sejati as the borrower and PT Adaro Energy Tbk. as the guarantor in a USD350 million syndicated loan;
- Represented PT Adaro Indonesia as the issuer and PT Adaro Energy Tbk as the guarantor in the USD 750 million global bond issuance;
- Other Financing: (i) represented PT Pengembangan Pariwisata Indonesia (Persero) / Indonesia Tourism Development Corporation (ITDC) as the borrower in an IDR1,188,000,000,000 facility from Indonesia Eximbank under the National InterestAccount, (ii) represented ABN Amro Bank as the lender in a USD75 million facility agreement provided to a group of Indonesian oil palm plantation companies; (iii) represented ITDC as the borrower in an IDR1 trillion and EUR14million facility provided by the Association of State Owned Banks/Himbara.
- Financing: (i) represented PT Bank OCBC NISP Tbk for an IDR1trilion facilities agreement to an Indonesia palm plantation company, (ii) represented EFA RET Management Pte. Ltd. on a USD15.5 million facility agreement to an Indonesian property company;
- Initial Public Offering: (i) represented Credit Suisse as underwriters in an international initial public offering of PT Medikaloka Hermina Tbk, a major healthcare provider group with an offering size valued at approximately IDR 1.650 billion, (ii) represented PT Garudafood Putra Putri Jaya Tbk, an Indonesia leading food and beverage manufacturer on the Initial Public Offering with value of IDR 979 billion;
- Global Bond Issuance: (i) represented CLSA Limited, Credit Suisse, DBS, Mandiri Securities Pte. Ltd, Morgan Stanley Asia (Singapore) Pte, and Standard Chartered Bank as the Initial Purchasers in the US$500 million global high yield bond offering by Medco Platinum Road Pte. Ltd. guaranteed by PT Medco Energi Internasional Tbk, (ii) represented CITIC CLSA Securities, Credit Suisse, J.P. Morgan, Australian and New Zealand Banking Group Limited and Mandiri Securities as the Initial Purchasers in the US$400 million global high yield bond offering by Medco Strait Services Pte. Ltd. guaranteed by PT Medco Energi
Internasional Tbk; (iii) represented Credit Suisse, DBS and Standard Chartered Bank as domestic counsel in the global high yield bond issuance of US$300 million by Golden Energy Resources Limited; - Represented Credit Suisse, Deutsche Bank, UBS and PT Indo Premier Sekuritas as joint bookrunners in the private placement in form of offering of shares under Reg S/Rule 144A of 648,508,000 shares by PT Mitra Aktif Adiperkasa Tbk;
- Acted as the local counsel to the joint lead managers consisting of Citigroup Global Markets Limited, Credit Suisse (Singapore) Limited and PT Indo Premier Securities in relation to the Initial Public Offering of PT Prodia Widyahusada Tbk. in 2016;
- Represented PT Nusantara Pelabuhan Handal Tbk on its Initial Public Offering in 2017;
- Domestic Bond Issuance: (i) represented PT Japfa Comfeed Indonesia Tbk for the offering of IDR3 trillion bonds, (ii) represented PT Indonesia Infrastructure Finance for the offering of IDR1.5 trillion notes, (iii) represented PT Bank Tabungan Pensiunan Nasional Tbk for to the offering of IDR1 trillion notes, (iv) represented PT Chandra Asri Petrochemical Tbk for the bond issuance in 2016;
- Global Bond Issuance: represented PT Sri Rejeki Isman Tbk in relation to the global offering of notes in 2016 and 2017;
- Acted as the local counsel to Barclays Bank PLC, Deutsche Bank AG, London Branch, J.P. Morgan Securities PLC, and Societe Generale on the dual-tranche issuance of the Republic of Indonesia's EUR3 billion Notes of the USD40 billion Global Medium Term Note Program and listed on the Singapore Exchange and the Frankfurt Stock Exchange;
- Acting as domestic counsel to the Republic of Indonesia and Perusahaan Penerbit SBSN Indonesia III as the Issuer on the dual-tranche issuance of USD2.5 billion Global Government Sukuk Issuance Program.