PT Waskita Karya (Persero) Tbk’s proposed restructuring of its financial debts and obligations

Acting for Waskita as legal counsel in the proposed restructuring of its financial debts and obligations. Waskita’s restructuring process has dated back to 2021, with an outstanding debt amounting to IDR29.3 trillion which has been restructured through a Master Restructuring Agreement. Partners Ibrahim S Assegaf (Restructuring & Insolvency; Banking, Finance & Projects), Tracy Tania (Restructuring & Insolvency; Banking, Finance & Projects), Ahmad Fikri Assegaf (Banking, Finance & Projects), Bono Daru Adji (Corporate M&A), Yogi Sudrajat Marsono (Dispute Resolution) and M Renaldi Zulkarnain (Capital Markets) are leading the transaction.