Harun Wailan Ngantung
Harun specialises in banking and finance transactions, in particular syndicated lending, structured finance, leveraged finance and refinancing transactions, both from the lender’s side as well as the borrower’s. From the lender’s side, Harun has represented state-owned enterprise banks, national and international private banks, and private funds in extending bilateral and syndicated credit facilities to Indonesian borrowers in various industry sectors. Meanwhile, from the borrower’s side, Harun has represented clients in the property development, oil and gas, manufacturing, trading, telecommunication, and education sectors.
In the past few years, Harun has assisted PT Satelit Nusantara Tiga (“SNT”) and PT Pasifik Satelit Nusantara, in a project that accounted for the financing, development, and long-term operation of a 150 Gigabytes per second (Gbps) Very High Throughput Satellite (VHTS). Being a pioneer project, this deal was challenging in its negotiations, preparations, and financing. Aside from that, Harun has an extensive portfolio of high-profile mandates that he has worked on, such as the divestment process of PT Bank Mutiara Tbk by the Indonesian Deposit Insurance Corporation (LPS) and advising PT MRT Jakarta (Persero) on various legal issues in connection with the governance, construction, and operation of Indonesia’s first mass rapid transport/metro railway line.