Ken Prasadtyo Listed in the ALB Asia Super 50 TMT Lawyers 2026
We are pleased to announce that our Partner, Ken Prasadtyo, has been named in the
TnP Law Firm is proud to announce its role as legal counsel to PT Petrindo Jaya Kreasi Tbk (CUAN) in the issuance of its Debt Securities (Bonds and Sukuk Wakalah) I through a shelf offering. This offering targets a total proceeds of IDR 2,000,000,000,000. This issuance marks CUAN first ever issuance of debt securities since it became a publicly listed company in 2023.
In this Phase I, CUAN successfully issued Bonds totaling IDR 650,000,000,000 and Sukuk Wakalah totaling IDR 350,000,000,000. The proceeds from this offering will be used to provide a loan to CUAN’s subsidiary, PT Multi Tambangjaya Utama (MUTU), in support of MUTU’s ongoing business operations and strategic development initiatives.
This transaction was led by our Partners, Rambun Tjajo, and Ken Prasadtyo, with support from Associate Partner, Kevin Yehezkiel, Senior Associate, Yonastan Pangestu, and Associates, Christine Setiawati and Andrew Jonathan.
We extend our warmest congratulations to CUAN on the success of this public offering. We look forward to continuing our collaboration and contributing to CUAN’s long-term growth, innovation, and strategic milestones.
Please see the link below for media coverage:
https://idx.co.id/id/berita/berita/0282c5e3-8259-f011-b138-0050569d3b40
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