Kaya Proudian

Singapore SPAC IPO of Pegasus Asia
Represented the joint bookrunners and underwriters in relation to the Rule 144A/ Regulation S IPO of Pegasus Asia, a special purpose acquisition company (the "SPAC") on the SGX. This transaction represents one of the first SPACs to be listed in Singapore and the first SGX SPAC IPO backed by international sponsors.

PT Bukalapak.com Tbk's US$1.5 billion Indonesian IPO
Represented the joint global coordinators, international selling agents and joint lead managing underwriters in the IPO of PT Bukalapak.com Tbk on the IDX, which includes a Rule 144A/Regulation S offshore tranche. The transaction raised approximately US$1.5 billion. Bukalapak is a leading Indonesian e-commerce company and the first Indonesian unicorn technology startup company listed on the IDX.  

Republic of Indonesia's US$35 billion Trust Certificate Issuance Program and subsequent US$3.25 billion sukuk offerings
Represented the arrangers and managers on the update of The Republic of Indonesia's (RoI) Rule 144A/Reg S US$35 billion Trust Certificate Issuance Program and the subsequent US$3.25 billion dual tranche sukuk offering under the Program, which closed successfully on 6 June 2022. The offering involved the issuance of a tranche of US$1.75 billion sukuk due 2027 and a tranche of US$1.5 billion green sukuk due 2032.

PT Bank Rakyat Indonesia's right issue
Represented the International and Domestic Joint Global Coordinators and in the approximately IDR 95.92 trillion (US$6.7 billion) rights issue by PT Bank Rakyat Indonesia (Persero) Tbk. ("BRI"), an Indonesian State-owned Enterprise ("SOE").

Campus Activewear's Indian IPO
JM Financial Limited, BofA Securities India Limited, CLSA India Private Limited and Kotak Mahindra Capital Company Limited on the US$180 million 144A IPO of Campus Activewear Limited, one of the largest sports and athleisure footwear brand in India. The offering was backed by private equity company TPG Growth III SF Pte. Ltd. and QRG Enterprises Limited.

PT Archi Indonesia Tbk's Indonesian IPO
Represented the underwriters in the IDR2.79 trillion (approx. US$194 million) IPO of PT Archi Indonesia Tbk, an Indonesian gold mining company, including a Rule 144A/Regulation S offshore tranche. It is the first IPO with an international tranche to be conducted using the new e-book build system on the IDX platform.

Asset World Corp Public Company Limited's Thai IPO
Represented 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.

LMIRT Capital’s Regulation S senior notes offering
Represented the Joint Lead Managers in 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").

Secondary offering of shares in PT MAP Aktif Adiperkasa Tbk
Represented the Joint Global Coordinators and Joint Bookrunners in the secondary offering of 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.

Senior notes offering by PT Sawit Sumbermas Sarana Tbk
Represented the initial purchasers in a Regulation S offering of US$300 million 7.750% Senior Notes due 2023 by a wholly owned subsidiary of PT Sawit Sumbermas Sarana Tbk, an Indonesian oil palm plantation company listed on the IDX.

US$1.7 billion IPO of Jasmine Broadband Internet Infrastructure Fund (JASIF)
Advised on the THB55 billion (approximately US$1.7 billion) IPO of investment units of JASIF, and its listing on the Stock Exchange of Thailand, which included an international offering in reliance on Regulation S and Rule 144A.