Practice Areas - Debt Capital Markets Law Firms and Lawyers
| Deal Date: | 16-03-2012 | Practice Area: | Debt Capital Markets |
| Deal Title: | PT Berau Coal Energy Tbk Secured Notes Offering | Industry: | Mining |
| Description: |
Davis Polk advised Merrill Lynch (Singapore) Pte. Ltd., Credit Suisse (Singapore) Limited and J.P. Morgan Securities Ltd. as the initial purchasers in connection with a Rule 144A/Regulation S global offering by PT Berau Coal Energy Tbk of $500 million aggregate principal amount of its 7.25% guaranteed senior secured notes due 2017.
PT Berau Coal Energy Tbk is a holding company listed on the Indonesia Stock Exchange that indirectly owns 90% of PT Berau Coal, the fifth-largest coal producer in Indonesia in terms of production volume.
The Davis Polk corporate team included partner William F. Barron, counsel-registered foreign lawyer Gerhard Radtke and registered foreign lawyer David Pendergast. Partner John D. Paton and associate Alon Gurfinkel provided tax advice. Alexander G. Nelson was the legal assistant for the transaction. Members of the Davis Polk team are based in the Hong Kong and London offices.
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| Financial Center: | Hong Kong | Value: | 100.01-500.00 |
| Advised Party: | Underwriter | Law Firm | Davis Polk |
| Issuer Jurisdiction | Indonesia | Listing Jurisdiction | Hong Kong |
| Classification: |
Corporate Bonds Senior Debt |
Lawyer | William F Barron |
