Hendy Handoko

Associate, Singapore

Biography

Overview

Hendy Handoko is an associate in our banking, capital markets & restructuring practice group based in Singapore. He represents underwriters and issuers in international equity and debt capital market transactions primarily in Southeast Asia, including initial public offerings and secondary sales of shares of both private and public companies and high-yield, investment grade and sovereign debt offerings in the United States pursuant to Rule 144A and offerings outside the United States under Regulation S. He is fluent in both English and Bahasa Indonesia.
Bars and Courts
New York State Bar
Education
JD
The George Washington University Law School
BA
Economics
St. John's University
Languages
Indonesian
English

Experience

Advised the initial purchasers in (i) the Rule 144A/ Regulation S offering of US$600 million 5.625% Senior Notes due 2028; and (ii) the tap offering of US$250 million 5.500% Senior Notes due 2026, to be consolidated and form a single series with the US$750 million 5.500% Senior Notes due 2026 issued on June 19, 2020, by Wynn Macau, Limited.

Advised the Republic of Indonesia (RoI) and its special purpose vehicle in connection with the US$2.5 billion multi-tranche sukuk offering pursuant to the RoI's Rule 144A/Regulation S US$25 million Trust Certificate Issuance Program in 2020, including a green sukuk tranche.

Advised the Joint Global Coordinators of Asset World Corp Public Company Limited's THB48.0 billion (approximately US$1.5 billion) IPO of ordinary shares, and listing on the SET, which included a 144A/Regulation S international offering.

Advised the 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"). The Notes are guaranteed by Perpetual (Asia) Limited, as the trustee of LMIRT.

Advised the Joint Global Coordinators and Joint Bookrunners in the secondary offering of 648,508,000 ordinary shares in PT MAP Aktif Adiperkasa Tbk, a company listed in the IDX, with an offer price of Rp.6,500 per share (total offering size of IDR4.15 trillion or approximately US$291 million), by a selling shareholder.

Advised the initial purchasers in MGM China Holdings Limited's debut 144A/Regulation S debt issuance of senior notes in an aggregate amount of US$1.5 billion, comprising two tranches, a five-year tranche of US$750 million 5.375% senior notes due 2024 and a seven-year tranche of US$750 million 5.875% senior notes due 2026. The deal won the "Best Corporate Bond Deal of the Year" by The Asset Country Awards 2019.

Advised Bangkok Bank Public Company Limited on its US$2.3 billion acquisition of a 89.12% shareholding in leading Indonesian bank PT Bank Permata from Standard Chartered Bank and PT Astra International Tbk - the biggest M&A deal in Indonesia signed in 2019 by deal value and to close in 2020 to date, and the first acquisition of a publicly listed bank under Indonesia's recently revised investment laws for Indonesian banks.