Latham & Watkins LLP (JD Supra Indonesia)
3 results for Latham & Watkins LLP (JD Supra Indonesia)
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Bank Indonesia Revises and Clarifies Regulation on Foreign Borrowings by Indonesian Companies
Revised regulation and circular provide more certainty for investors and borrowers, but continue to limit access to foreign capital for many Indonesian businesses. Bank Indonesia, the Indonesian central bank (BI), recently issued amended regulations to explain and comment on the controversial offshore borrowing regulations that it originally issued in October 2014. While the amended...
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New Bank Indonesia Regulation Imposes Significant Limitations on Foreign Borrowings by Indonesian Companies
Changes move foreign currency debt further out of reach for many Indonesian borrowers. On October 28, 2014, Bank Indonesia, the Indonesian central bank, issued BI Regulation No. 16/20/PBI/2014 on Prudential Principles in the Management of Offshore Borrowing for Non-Bank Institutions (BI Regulation 16), to impose significant restrictions on new offshore financing arrangements entered into...
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Sarulla Geothermal Power Project To Serve As Blueprint For Future Projects
The 330-MW Sarulla geothermal power project stands to be the largest geothermal power project in Indonesia to date. A Latham & Watkins team led by partners Joseph Bevash, Clarinda Tjia-Dharmadi and Andrew Roche advised the lenders on the $US1.17 billion financing of the project. In this Q&A interview Tjia-Dharmadi discusses the significance of the deal, the unique financing challenges it...