We have long recognized the importance of Indonesia as a leading business market in Asia. Our firm has been one of the most active law firms in Indonesian business for more than 40 years, earning top rankings for work in Indonesia from legal directories such as Chambers Asia and The Legal 500 Asia Pacific.

To provide support to our clients with business interests in Indonesia, White & Case has an exclusive association with Indonesian law firm Witara Cakra Advocates (WCA) based in Jakarta. The association builds on White & Case's well-established and successful Indonesia practice, based primarily in Singapore, which covers corporate transactions, finance, capital markets, restructurings, projects, disputes and international trade matters. Together we are able to offer clients a "one stop shop" on cross-border deals involving Indonesia.



Ranked Tier 1 among foreign firms advising on Indonesia-related transactions
The Legal 500 Asia Pacific 2011 – 2020

WCA ranked Tier 1 for Indonesia: Banking & Finance 
The Legal 500 Asia Pacific 2020

WCA ranked Tier 1 for Indonesia: Capital Markets
The Legal 500 Asia Pacific 2020

"They are very good and have a good skill set and knowledge. They bring international standards, but also have a good on-the-ground presence so are able to bring in local expertise."
Chambers Asia-Pacific 2020

"Well known for handling a range of Indonesian work, including capital markets offerings, M&A, banking and project finance."
Chambers Asia-Pacific 2019

"White & Case Pte. Ltd. has a strong reputation in the region, particularly for banking and finance, restructuring, corporate and M&A, and project finance mandates."
The Legal 500 Asia Pacific 2019

"They have been involved in Indonesia for a long time" and are "very experienced in the country."
Chambers Asia-Pacific 2018

The Republic of Indonesia's US$1.5 billion global Sukuk bond offering was named "Debt and Equity–linked Deal of the Year" at the IFLR Asia Awards 2015 and "Debt Market Deal of the Year" at the ALB SE Asia Law Awards 2015.


Bangkok Bank's acquisition of Bank Permata Tbk
Representation of Bangkok Bank Public Company Limited on its US$2.3 billion acquisition of a majority shareholding in Bank Permata Tbk from Standard Chartered Bank and PT Astra International Tbk.

Secondary offering of shares in PT MAP Aktif Adiperkasa Tbk
Representation of joint bookrunners in the secondary offering of ordinary shares in PT MAP Aktif Adiperkasa Tbk, a company listed on the IDX (approximately US$291 million), by an entity indirectly wholly-owned by funds managed or advised by affiliates of CVC Asia Pacific Limited.

Senior notes offering of LMIRT Capital
Representation of joint lead managers in LMIRT Capital Pte. Ltd.'s Regulation S offering of US$250 million 7.25% Senior Guaranteed Notes due 2024. LMIRT Capital Pte. Ltd. is a subsidiary of Lippo Malls Indonesia Retail Trust ("LMIRT"). LMIRT is a premier retail real estate investment trust ("REIT") in Asia and the first and only Indonesian retail REIT listed on the Singapore Exchange Securities Trading Limited.

IPO of PT Medikaloka Hermina Tbk
Representation of Citigroup Global Markets Limited, Credit Suisse (Singapore) Limited, DBS Bank Ltd. and PT Mandiri Sekuritas as Joint Global Coordinators in PT Medikaloka Hermina Tbk's Rp.1.3 trillion IPO of common shares, and its listing on the IDX, which included an international offering in reliance on Regulation S.

Refinancing for PT Rajawali Corpora's mining arm
Representation of Borrowers within PT Rajawali Corpora's mining arm on a refinancing consisting of a US$275 million conventional facility to PT Meares Soputan Mining, PT Tambang Tondano Nusajaya and PT Archi Indonesia; and a US$125 million murabaha facility to PT Meares Soputan Mining and PT Tambang Tondano Nusajaya.

Pre-IPO investment in GarudaFood
Representation of CVC Capital Partners on a significant pre-IPO investment in GarudaFood, an Indonesian consumer goods company.

PT XL Axiata
Representation of PT XL Axiata, an Indonesian telecommunication provider, in the sale of 2,500 of its telco towers for 3.57 trillion rupiah (US$267 million) to PT Profesional Telekomunikasi Indonesia (Protelindo) and on the leaseback of 2,432 of the towers as the anchor tenants for 10 years.

Refinery Development Master Plan
Representation of Saudi Aramco in connection with its US$5.8 billion potential joint venture with PT Pertamina (Persero) to acquire, expand and upgrade Pertamina's refinery at Cilacap, Indonesia as part of Pertamina's Refinery Development Master Plan (RDMP).

Arbitration related to a coal mine in Indonesia
Representation of the US subsidiary of a global engineering company in connection with a potential US$75 million SIAC arbitration relating to the design and construction of equipment for a coal mine in Indonesia. 

Insurance claim related to an Indonesia company
Representation of a Chinese bank in an arbitration before the Singapore International Arbitration Centre with respect to a dispute arising out of an insurance claim. The claim relates to a loan provided to an Indonesian company. 

Republic of Indonesia
Representation of the Republic of Indonesia in its:

  • Update of its Rule 144A/Reg S US$25 billion Trust Certificate Issuance Program and the subsequent US$2.5 billion dual tranche sukuk offering thereunder.
  • First dual-tranche Eurobond offering, the largest ever Eurobond offering out of Asia and the largest Eurobond offering by a non-European sovereign to date, selling an aggregate of €3 billion senior unsecured fixed rate notes, comprising a €1.5 billion 7-year tranche and a €1.5 billion 12-year tranche, and issued under its US$40 billion GMTN Program
  • Update and upsize of its existing Sukuk Program from US$5 billion to US$10 billion and the Regulation S/Rule 144A issuance of US$2 billion Certificates under the Sukuk Program
  • Update of its US$15 billion GMTN Program and Rule 144A/Regulation S drawdown of US$1.75 billion 5.25% Notes 2042 under the Program in January 2012, and subsequently, in April 2012, its dual tranche Rule 144A/Regulation S drawdown of new US$2 billion 3.75% Notes due 2022 and a US$500 million tap of the 5.25% Notes due 2042.

Financing for Indorama Corporation Pte. Ltd.
Representation of the mandated lead arrangers, agent and security agent in a US$500 million guaranteed and secured revolving credit facilities to Indorama Corporation Pte. Ltd. Indorama, headquartered in Indonesia, is a global manufacturer of polyethylene, polypropylene, polyester fiber and filament as well as spun yarns, fabrics, and medical gloves and one of the largest producers of polyolefins.