Fajar Ramadhan is a Partner in Witara Cakra Advocates (WCA), White & Case's associated law firm in Indonesia. Fajar focuses on debt financing and debt capital markets transactions.
Fajar specializes in advising international clients on various financings, debt restructuring, project finance, security structure and enforcement, as well as international bond offering matters.
Fajar is highly regarded in independent directories including Chambers Asia-Pacific, Legal 500 Asia-Pacific, IFLR1000 and Asialaw Profiles.
Fajar's experience includes advising:
FKS Food & Agri Pte. Ltd.'s refinancing
FKS Food & Agri Pte. Ltd. in its refinancing transaction.
Loans to PT Centratama Telekomunikasi Indonesia Tbk
The mandated lead arranger in the c. US$850 million financing to (among others) PT Centratama Telekomunikasi Indonesia Tbk, an Indonesian listed telecommunication, multimedia and internet service provider in connection with the acquisition of PT EPID Menara AssetCo, a subsidiary of Edge Point Singapore which is wholly owned by Digital Colony (renamed as "Digital Bridge"), a leading global digital infrastructure investor.
Medco Laurel Tree Pte. Ltd.'s US$400 million senior notes issuance
Morgan Stanley Asia (Singapore) Pte, Standard Chartered Bank (Singapore) Limited, DBS Bank Ltd, Australia and New Zealand Banking Group Limited, ING Bank N.V., Singapore Branch as Initial Purchasers in the issuance by Medco Laurel Tree Pte. Ltd. of US$400 million aggregate principal amount of 6.950% Senior Notes due 2028 guaranteed by PT Medco Energi Internasional Tbk as Parent Guarantor and the Indonesian Subsidiary Guarantors.
PT ABM Investama's US$200 million senior notes issuance
Deutsche Bank AG, Singapore Branch and Mandiri Securities Pte. Ltd. as initial purchasers in connection with the issuance of PT ABM Investama's Regulation S and Rule 144A offering of US$200 million aggregate principal amount of 9.500% Senior Notes due 2026 guaranteed by the Indonesian Subsidiary Guarantors.
Golden Energy and Resources Limited's US$285 million senior secured notes issuance
The initial purchasers in connection with Golden Energy and Resources Limited's issuance of US$285 million aggregate principal amount of 8.5% Senior Secured Notes due 2026.
PT EPID Menara Assetco's acquisition of 4,247 Indosat towers
Deutsche Bank AG, Singapore Branch, ING Bank N.V., Singapore Branch, Natixis and Standard Chartered Bank (as arrangers and lenders) in a financing granted to PT EPID Menara Assetco (an Asia-focused towers business sponsored by the US$25 billion infrastructure investor, Digital Colony) for the acquisition of 4,247 towers from Indosat with an aggregate amount of up to US$350 million.
US$350 million loan to Edgepoint Group
Deutsche Bank Singapore Branch as mandated lead arranger in a US$350 million loan facility to an Indonesian subsidiary of Edgepoint Group, an Asia-focused towers business sponsored by the US$25 billion infrastructure investor, Digital Colony. The other lenders included ING Bank, Natixis and Standard Chartered Bank, all working from Singapore.
US$432 million financing for the PPP Satellite Infrastructure Project
HSBC Corporation Limited, Asian Infrastructure Investment Bank, the Korean Development Bank, BPI France, Banco Santander, N.A., as senior lenders, export credit agencies, providers and/or arrangers of debt finance to PT Satelit Nusantara Tiga for an up to US$432 million financing for the PPP Satellite Infrastructure Project. This is a landmark project in Indonesia and will provide fast internet access across the archipelago to over 45 million people, with particular regard to remote locations, as a central pillar of the Indonesian government's key strategic aim of boosting Indonesia's broadband connectivity.
US$1 billion facilities for APRIL International Enterprise Pte. Ltd.
MUFG Bank, Ltd. as security agent to various lenders of an up to US$1 billion facilities to APRIL International Enterprise Pte. Ltd., one of the company of APRIL Group.
LMIRT Capital Pte. Ltd.'s US$200 million notes offering
Deutsche Bank, BNP Paribas, Credit Suisse, CIMB Investment Bank Berhad and Shanghai Pudong Development Bank Co., Ltd. in connection with LMIRT Capital Pte. Ltd.'s Regulation S offering of US$200 million 7.500% Guaranteed Senior Notes due 2026. LMIRT Capital Pte. Ltd. is a subsidiary of Lippo Malls Indonesia Retail Trust ("LMIRT"), a premier retail real estate investment trust ("REIT") in Asia and the first and only Indonesian retail REIT listed on the SGX.
PT Bukit Makmur Mandiri Utama's US$400 million notes offering
J.P. Morgan (S.E.A) Limited and UBS AG Singapore Branch in the US$400 million Rule 144A/ Reg S 7.75% senior notes offering by PT Bukit Makmur Mandiri Utama, the subsidiary of PT Delta Dunia Makmur Tbk.
US$2.3 billion acquisition of Bank Permata Tbk
Bangkok Bank Public Company Limited on the financing for its US$2.3 billion acquisition of a majority shareholding in Bank Permata Tbk from Standard Chartered Bank and PT Astra International Tbk.
US$550 million to Medco Energi
Standard Chartered Bank as lender, in relation to an approximately US$550 million bridge financing to Medco Energi Global Pte. Ltd, owned by PT Medco Energi International Tbk, a leading oil and gas company.
US$240 million loan to FKS Food & Agri Pte Ltd.
FKS Food & Agri Pte Ltd, a leading Indonesian food and agricultural company, as borrower as to Indonesian law aspects in respect of an up to US$240 million financing from Rabobank.
Notable Practitioner, Chambers Asia Pacific 2016 – 2017, 2020 - 2023
Banking & Finance – Indonesia
Leading Individual, Legal 500 Asia Pacific 2023
Banking & Finance - Indonesia