Paulanie Wijaya

Paulanie is a Senior Associate at AHP with a strong track record in capital markets and corporate law. She rejoined the firm in 2018, bringing with her a decade of broad legal experience, including her earlier tenure at AHP from 2010 to 2014 and subsequent role as Corporate Secretary at one of Indonesia’s largest publicly listed investment companies.

Paulanie began her legal career with AHP, where she gained foundational expertise in transactional and advisory work across corporate and capital market practices. Her in-house experience as Corporate Secretary provided her with a deep understanding of public company compliance, investor relations, and regulatory frameworks—enhancing her ability to deliver practical, business-minded legal solutions.

Over the course of her career, Paulanie has been actively involved in a wide range of high-profile capital market transactions. She regularly advises domestic and international clients on complex equity and debt offerings, including initial public offerings (IPOs), rights issues, and bond issuances on the Indonesia Stock Exchange (IDX) and Singapore Exchange (SGX). She has also contributed to numerous merger and acquisition transactions involving listed companies, supporting clients through intricate structuring and disclosure requirements.

Paulanie’s strengths lie in managing multi-stakeholder processes, ensuring regulatory compliance, and aligning transaction goals with clients’ strategic objectives. Her combined experience in private practice and corporate governance enables her to offer integrated legal counsel on matters such as:

• Capital markets: IPOs, rights issues, private placements, and bond offerings
• Public M&A and corporate restructuring
• OJK and IDX regulatory compliance
• Corporate governance and public company advisory
• Legal due diligence and transactional documentation

Her deep industry insight and practical approach have earned her recognition as a trusted advisor to issuers, underwriters, and listed companies navigating Indonesia’s dynamic capital markets.

• Assisted 7 SOEs (PT Krakatau Steel (Persero) Tbk, PT Perkebunan Nusantara X, PT Perkebunan Nusantara XI, PT Perkebunan Nusantara XII, PT Pelabuhan Indonesia II (Persero), PT Pelabuhan Indonesia III (Persero) and PT Timah Tbk) on the sale of the majority shares of 7 state-owned hospitals to PT Pertamina Bina Medika IHC (“PBM”), in the second phase of the establishment of a state-owned hospital holding company. PBM becomes the new controller of these seven hospitals, by holding approximately 67% shares in each hospital. (2020)
• Acted for the Joint Lead Managers, as its Indonesian counsel in PT Hutama Karya (Persero)’s USD 600 million 3.75% Notes due 2030, which is a part of its USD 1.5 billion Medium Term Notes Programme. PT Hutama Karya (Persero) is Indonesia’s state-owned leading infrastructure developer, and the transaction was the first ever sovereign guaranteed global notes issued by an Indonesian state-owned enterprise and was oversubscribed by 6x, evidencing the government’s support in the development of infrastructure in Indonesia. The Joint Lead Managers are Citigroup Global Markets Inc.; Deutsche Bank AG, Singapore Branch; The Hongkong and Shanghai Banking Corporation Limited; Mandiri Securities Pte. Ltd.; and MUFG Securities Asia Limited Singapore Branch. (2020)
• Assisted PT Bank China Construction Bank Indonesia Tbk. (“CCBI”), a subsidiary of one of the largest banks in the world by market capitalisation, China Construction Bank Corporation, to increase its capital through a rights issue to its shareholders, from which CCBI intends to receive IDR 3.2 trillion. (2020)
• Acted as counsel to PT Bank Mandiri (Persero) Tbk. Bank Mandiri conducted asset securitization through a Collective Investment Contract of Asset Backed Securities (Kontrak Investasi Kolektif Efek Beragun Aset or “KIK EBA”) from a loan of PT PLN (Persero) (“PLN”) valued at IDR 475 billion. In securitizing assets of PLN, Bank Mandiri collaborated with BNI Asset Management.
• Advised PT Semen Indonesia (Persero) Tbk., a state-owned building materials producer, in relation to its IDR 4.9 trillion (USD 346.5 million) domestic sustainable bonds offering I Phase II Year 2019 as part of its IDR 8 trillion shelf public offering of the Semen Indonesia Sustainable Bonds Offering I program. The bond is issued in two series: (i) Series A amounting to IDR 3.36 trillion with coupon rate of 9% and tenor of 5 years, and (ii) Series B amounting to IDR 714 billion with coupon rate of 9.1% and tenor of 7 years. (2019)