Advised a consortium of Saudi Arabian and Qatari investors on a secured financing by CIMB for the acquisition of the franchise rights for 390 McDonald's restaurants in Singapore and Malaysia. The transfer of the McDonald's business to a developmental license model was such transfer implemented in Asia.
Advised an Indonesian gold mining company on a refinancing consisting of a $275 million conventional and a $125 million murabahah facility.
Advised the mandated lead arrangers, agent, and security agent on $500 million in guaranteed and secured revolving credit facilities to Indorama Corporation Pte. Ltd. Indorama, headquartered in Indonesia, is a global manufacturer of polyethylene, polypropylene, polyester fiber, and filament as well as spun yarns, fabrics, and medical gloves, and is one of the largest producers of polyolefins.
Advised the mandated lead arrangers and original lenders on a $1.275 billion senior secured financing provided to subsidiaries of Indonesian conglomerate CT Corpora, which was named Loan of the Year in the IFR Asia Awards 2014. The proceeds were used to refinance the $750 million loan for PT Trans Retail's acquisition of a 60% stake in Carrefour Indonesia, the local unit of French retailer Carrefour; to refinance an existing $450 million loan to PT Trans Media Corpora and PT Televisi Transformasi Indonesia; and to refinance an existing $150 million financing provided to PT Trans Corpora, which was used for the acquisition of an 80% stake in PT Indonusa Telemedia (TelkomVision). The original lenders included ANZ, Bank of America Merrill Lynch, The Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Credit Suisse, DBS Bank, Deutsche Bank, Goldman Sachs, ING Bank, Maybank, The Royal Bank of Scotland, Standard Chartered Bank, and Sumitomo Mitsui Banking Corporation.
Advised a leading Indonesian coal miner on a $750 million term loan (with an option to increase to $950 million) for refinancing debt and funding corporate and working capital requirements as well as expansion opportunities. The lenders were Sumitomo Mitsui Banking, ANZ, Bank Mandiri, HSBC, Standard Chartered Bank, JP Morgan, and Natixis.