- L.LB., Diponegoro University (2014)
- Licensed to practice law as an advocate by the Indonesian Bar Association (PERADI)
Aji first came to AHP as an intern and was made an associate in 2015. He earned his bachelor’s degree in Law from the Diponegoro University in 2014, where he majored in Business Law.
Aji is a senior associate in the Capital Market practice group. Aji has extensive experience and knowledge in representing both national or international banking institutions, issuers and underwriters, in both debt and equity capital markets transactions, including conducting legal research, due diligence exercises, and drafting transaction documents for capital market matters.
Aji also has a deep understanding of the business and needs of his clients, which is the result of his involvement in transactions involving various industries, including healthcare, electricity, manufacturing, mining, and government.
Aji also focus on the Government of Indonesia’s debt offering, both in conventional method or through Islamic finance route by ways of Sukuk issuance.
Client praised him “Has solid time and work management skills.” – Asialaw Profiles 2022.
Experience Highlight
- Acted for PT Indonesia Asahan Aluminium (Persero), the holding company for Indonesia’s state-owned mining companies, in the issuance of its USD 1 billion 5-year tranche, USD 1 billion 10-year tranche and USD 500 million 30-year tranche Notes under Regulation S/Rule 144A of the U.S. Securities Act 1933. This issuance marked the largest issuance from an Indonesian corporate since the start of the pandemic outbreak.
- Acted as Indonesian counsel to Underwriters in another successful return of the Republic of Indonesia to the international capital markets with its new dual-currency SEC-registered global notes, pricing USD 1 billion and EUR 1 billion Senior Unsecured Fixed Rate Notes. With strong interest rates and credit throughout 2019, the transaction focused on longer duration issuances. The Underwriters comprised of BNP Paribas, Citigroup Global Markets Inc., Goldman Sachs (Singapore) Pte., Mandiri Securities Pte. Ltd., Standard Chartered Bank.
- Acted as Indonesian legal counsel to Government of the Republic of Indonesia as the Issuer in its returned to the Euro and USD bond markets in SEC-registered format. The transaction comprised of EUR 750 million and USD 750 million Senior Unsecured Fixed Rated Notes. This offering marks the Republic’s third dual currency transaction, following similarly successful dual currency transactions priced in July 2017 and April 2018. Both series of Notes were listed on the Singapore Stock Exchange and Frankfurt Stock Exchange. Citigroup, Credit Agricole CIB, Deutsche Bank, HSBC, Mandiri Securities and Standard Chartered Bank acted as Joint Bookrunners for the transaction, while PT Bahana Sekuritas and PT Trimegah Sekuritas Indonesia Tbk. acted as Co-Managers.
- Assisted PT Indonesia Asahan Aluminium (Persero) in the issuance of USD 1,000,000,000 5.230% Notes due 2021, USD 1.25 billion 5.710% Notes due 2023, USD 1 billion 6.530% Notes due 2028, and USD 750 million 6.757% Notes due 2048. The proceeds were utilized to finance the purchase of a majority stake in PT Freeport Indonesia.
- Assisted the Republic of Indonesia (Republic) in the issuance of USD 750 million aggregate principal amount of 4.450% Bonds due 2024, USD 1.25 billion aggregate principal amount of 4.750% Bonds due 2029 and USD 1 billion aggregate principal amount of 5.350% Bonds due 2049 by the Republic in SEC registered format.
- Assisted the Republic in the issuance of 3-year JPY 49 billion 0.67%, 5-year JPY 39 billion 0.92%, 7-year JPY 35 billion 1.07% and 10-year JPY 8.5 billion 1.27% Republic of Indonesia Japanese Yen Bonds. This issuance became the second Public Samurai bonds of the Republic, but this time the bonds were issued under the Japanese Shelf Registration scheme.
