Tahirah Ara

Partner | Singapore

Tahirah is a partner in the banking and finance team.

Tahirah leads our debt restructuring group in Singapore which comprises US, UK and Singapore qualified banking, capital markets and insolvency lawyers based in our Singapore office. She has been lead counsel to borrowers in some of the largest debt restructurings in South East Asia and focuses her practice on Indonesia. She also regularly acts as lead counsel for her clients in cross border M&A transactions and joint ventures, and various types of financings, including acquisition financings, receivables backed financings, structured financings and high yield syndicated loans. Tahirah is qualified in the UK and Singapore.

Secretary Edna Ng

Track record

Admissions

Memberships

Lead counsel to PT Bumi Resources Tbk. one of the largest coal exporters in the world in its successful US$4.5 billion debt restructuring. The matter included a PKPU court supervised restructuring in Indonesia and Chapter 15 recognition in the United States, culminating in exchange of US$4.5 billion of international loans and bonds for new senior loans and bonds, mandatory convertible bonds (MCBs) and contingent value rights (CVRs) as well as new equity. Led complex multilateral negotiations with key creditors and their counsels, including the China Development Bank (CDB), China Investment Corporation (CIC). Responsible for providing US and UK advice and coordinating teams of local counsel in Indonesia, Mauritius, Seychelles and Cayman Islands. This was one of the largest and most complex debt restructurings ever completed in SE Asia and was awarded "*Finance Deal of the Year: Insolvency and Restructuring*" at Asian Lawyer’s Asia Legal Awards 2018, "*Debt Market Deal of the Year (Premium)*" at the 2018 ALB SE Asian Law Awards, as well as recognised as one of the Asian-Mena Counsel’s Deals of the Year for 2017.

Lead counsel to PT Visi Media Asia Tbk. a listed company in Indonesia operating in the media industry, on its restructuring of its loan. The restructuring involved a complex inter-creditor agreement.

Acting for PT Bakrie Sumatera Plantations Tbk., one of the oldest plantation companies in Indonesia which is listed on the Jakarta stock exchange, in the restructuring of its syndicated bank loan and equity linked notes.

Singapore, 2000

England and Wales, 2007

Solicitor’s Regulation Authority, UK

American Chamber of Commerce, Singapore

Law Society of Singapore

Singapore Academy of Law

Education


Languages


  • English

Dates


Joined

2015
Partner

2015

Recognition


Singapore

80 Raffles Place,

#25-01 UOB Plaza 1,

048624

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