Herbert Smith Freehills Kramer is a world-leading global law firm, where our ambition is to help you achieve your goals. Exceptional client service and the pursuit of excellence are at our core. We invest in and care about our client relationships, which is why so many are longstanding. We enjoy breaking new ground, as we have for over 170 years. As a fully integrated transatlantic and transpacific firm, we are where you need us to be. Our footprint is extensive and committed across the world’s largest markets, key financial centres and major growth hubs. At our best tackling complexity and navigating change, we work alongside you on demanding litigation, exacting regulatory work and complex public and private market transactions. We are recognised as leading in these areas. We are immersed in the sectors and challenges that impact you. We are recognised as standing apart in energy, infrastructure and resources. And we’re focused on areas of growth that affect every business across the world.
Leading Indonesian law firm Hiswara Bunjamin & Tandjung (HBT) has advised PT Danantara Investment Management (DIM), the investment arm of Indonesia's newest sovereign...
Indonesia
Leading Indonesian law firm Hiswara Bunjamin & Tandjung
(HBT) has advised PT Danantara Investment Management (DIM), the
investment arm of Indonesia's newest sovereign wealth fund BPI Danantara, on the establishment of its
US$5 billion global medium-term note programme and US$1.5 billion
bond issuance in the international capital markets under this
programme.
This marks DIM's inaugural US Dollar bonds issuance in the
international capital markets following its successful domestic
bond issuances in 2025 and early 2026.
"We're delighted to have advised DIM on its debut in
the international capital markets, which attracted strong global
investor demand and marks an important milestone in its funding
strategy." said HBT managing partner Tjahjadi Bunjamin, who
led the team advising DIM.
The issuance is dual-tranche, comprising a US$750 million
five-year tranche carrying a yield of 5.35 per cent and a US$750
million 10-year tranche priced at a yield of 5.95 per cent.
Both tranches attracted significant international demand, with
US, European and Middle East investors accounting for the majority
of allocations.
Tjahjadi was assisted by senior associate Defina Rosa Tantri and
associates Karaninda Siregar and Raudhatul Jannah.
Contributor
Herbert Smith Freehills Kramer is a world-leading global law firm, where our ambition is to help you achieve your goals. Exceptional client service and the pursuit of excellence are at our core. We invest in and care about our client relationships, which is why so many are longstanding. We enjoy breaking new ground, as we have for over 170 years. As a fully integrated transatlantic and transpacific firm, we are where you need us to be. Our footprint is extensive and committed across the world’s largest markets, key financial centres and major growth hubs. At our best tackling complexity and navigating change, we work alongside you on demanding litigation, exacting regulatory work and complex public and private market transactions. We are recognised as leading in these areas. We are immersed in the sectors and challenges that impact you. We are recognised as standing apart in energy, infrastructure and resources. And we’re focused on areas of growth that affect every business across the world.
