Melli Darsa & Co is well respected in the market for its solid practice across capital markets, M&A, banking and projects. Notable deals include a number of rights issues, such as representing Temasek Holdings subsidiary Asia Financial on a US$390 million ...
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Melli Darsa & Co is well respected in the market for its solid practice across capital markets, M&A, banking and projects. Notable deals include a number of rights issues, such as representing Temasek Holdings subsidiary Asia Financial on a US$390 million issue by Bank Danamon in April 2009. UBS also mandated the firm to advise it as financial adviser on a US$375 million issuance by Astra International subsidiary United Tractors.
More samplings include the firm’s advice to Northstar Pacific on the subscription of US$20 million mandatory exchangeable bonds issued by Delt Sarana Pradana. The bonds were exchangeable into shares in Trikomsel Oke, an Indonesian distributor of wireless communication and multimedia gadgets company.
The firm also enjoys a good reputation on banking law. Bank Mandiri engaged the firm on the Rp1.86 trillion (US$183 million) investment loan facility and working loan capital facility to Darmex group for the development of its plantation business. It also assisted Banking Mandairi’s credit recovery group on a debt restructuring deal for Bosowa group, including a Rp1.6 trillion (US$157 million) syndicated loan and a bilateral loan totalling US$53 million.
Name partner Melli Darsa is well respected in the market while other leading individuals include Sugianto Osman, Elizabeth Silalahi and Zippora Siregar.
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