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25 May 20231 minute read

DLA Piper Singapore team wins Equity Market Deal of the Year (Midsize) at ALB SE Asia Legal Awards 2023

Congratulations to our DLA Piper Singapore team on their win at the ALB SE Asia Legal Awards 2023 for Equity Market Deal of the Year (Midsize).

The team were awarded the "Equity Deal of the Year (Midsize)" for advising PT Bank Tabungan Negara (Persero) Tbk (BTN), one of Indonesia's largest state-owned banks, as its international counsel on its recent Series B rights offering. This significant transaction helped cement BTN's reputation as one of the leading Indonesian mortgage banks.

Joe Bauerschmidt, Singapore Country Managing Partner, led the DLA Piper team on this transaction and accepted the award, comments: "DLA Piper has served as the legal adviser in multiple Indonesian equity and debt capital market transactions over the past few years. This deal demonstrates DLA Piper's strength and expertise in Indonesian transactions, assisting Indonesian business conglomerates and state-owned companies." Miftahul Ari Khairi, Associate, Singapore, supported this transaction alongside Joe.

For the full list of this year's ALB SE Asia Law Awards winners, please click here.