PROFILE

Jessica is an Associate at Makes & Partners Law Firm, where she actively engages in capital markets and general corporate transactions. She has experience advising on a broad range of equity and debt capital markets transactions, including Initial Public Offerings (IPOs), rights issues, sukuk and bond issuances,.

She is regularly involved in transactions across various stages of the capital markets process, including regulatory assessments, due diligence, and the preparation and review of transaction and disclosure documentation, with a strong understanding of Indonesian capital markets regulations and compliance requirements. Her practice is characterized by a detail-oriented approach and the ability to navigate complex regulatory frameworks in support of issuers, underwriters, and other transaction participants.

Leveraging her sound capital markets expertise, Jessica is also well-placed to handle and assist in complex mergers and acquisitions involving public companies, including navigating post-transaction capital markets compliance requirements such as mandatory tender offers and ongoing disclosure obligations under Indonesian capital markets regulations.

Relevant Experience

Jessica has been involved in several high-profile and complex transactions. Her experience includes representing and advising clients in public offerings, bonds issuance, acquisitions, and general corporate transactions, among others including:

• PT Dian Swastatika Sentosa Tbk (DSSA) in connection with multiple issuances of rupiah-denominated bonds and sukuk listed on the Indonesia Stock Exchange, supporting the diversified financing requirements of a complex corporate group comprising more than 80 subsidiaries, and underpinning the Group’s long-term capital structure optimization
• PT Bank Mandiri (Persero) Tbk (BMRI), Indonesia’s leading state-owned bank, in its continuous public offerings of green bonds, representing a large-scale and recurring capital markets programme designed to support sustainable financing, strengthen national banking liquidity, and advance the Bank’s ESG and green financing agenda in line with Indonesia’s sustainable development objectives
• PT Indonesian Paradise Property Tbk (INPP), a leading Indonesian property conglomerate, on its bond issuance guaranteed by Credit Guarantee & Investment Facility, demonstrating the integration of multilateral credit enhancement structures in the Indonesian debt capital markets
• PT Sarana Menara Nusantara Tbk (TOWR), a leading telecommunications infrastructure provider, in its rights issue, supporting network expansion and long-term growth in Indonesia’s digital and connectivity sector
• PT Medela Potentia Tbk (MDLA) in its Initial Public Offering in Indonesia, combined with an offshore offering to international investors in Hong Kong, Malaysia, Singapore, and Europe pursuant to Regulation S, reflecting a highly complex, multi-jurisdictional capital markets transaction
• PT Bank Mayapada Internasional Tbk (MAYA) in its rights issue as part of a strategic capital strengthening initiative to support the expansion of its healthcare and hospital-focused ecosystem
• PT Falmaco Nonwoven Industri Tbk (FLMC) in connection with its Initial Public Offering on the Indonesia Stock Exchange, marking its entry into the public capital markets
• PT Multi Makmur Lemindo Tbk (PIPA) in connection with its Initial Public Offering in Indonesia, supporting its transition into a publicly listed company.
• PT Bank Nationalnobu Tbk (NOBU) in the acquisition by Hanwha Life Insurance Co., Ltd., marking a milestone transaction as the first Korean life insurance group to become a controlling shareholder of an Indonesian bank.