Giffy Pardede

Partner

Giffy’s areas of expertise include banking and finance, corporate real estate, as well as mergers and acquisitions.

He has considerable experience advising companies across a wide range of industries, including consumer goods, financial services and FinTech, manufacturing, oil and gas/natural resources, pharmaceuticals and healthcare, plantations and agriculture, as well as tourism and hospitality.

Giffy is recognised as a leading practitioner by several notable publications. He was named “Indonesia Young Lawyer of the Year” at the ALB Law Indonesia Law Awards in 2019, was recognised as one of Indonesia’s top 100 lawyers by Asia Business Law Journal in 2022 and 2023, and was named a Recommended Lawyer at Hukumonline’s In-House Counsel Choice Awards 2022 and 2023.

Giffy has also been cited as a Rising Star Partner for his work in Banking and Corporate M&A in IFLR1000, and has also been ranked for his work in Corporate/M&A in Chambers Asia-Pacific. He was also recommended by The Legal 500 Asia Pacific for his work in Banking & Finance, Corporate and M&A, as well as Real Estate.  

Giffy is certified as a data protection officer (DPO) by the Indonesian Data Privacy Professionals Association (Asosiasi Profesional Privasi Data Indonesia/APPDI) and is a licensed Capital Market Legal Consultant with the Financial Services Authority (Otoritas Jasa Keuangan) as well as a member of the Capital Market Legal Consultant Association (Himpunan Konsultan Hukum Pasar Modal). He also regularly contributes articles on topical legal issues to various publications and is a frequent speaker at workshops and seminars.

Work Highlights

  • Advised General Electric Co. on the US$6 billion global sale of its water processing technology and industrial technology solutions businesses.*
  • Advised on the US$2.6 billion debt-based acquisition of PT Amman Mineral Nusa Tenggara (previously PT Newmont Nusa Tenggara), owner of the second largest copper and gold mine in Indonesia.*
  • Advised a consortium of domestic state-owned banks and international lenders on the US$1.846 billion “trustee borrowing scheme financing” to PT Pertamina EP Cepu, a wholly owned subsidiary of Indonesia’s state energy company, PT Pertamina Persero Ptertami.*
  • Advised SKKMigas, an Indonesian upstream oil-and-gas regulator, on the US$3.5 billion project financing for the development of Tangguh Train 3 LNG plant.*
  • Assisted Indonesian publicly listed palm oil company PT Sawit Sumbermas Sarana Tbk on its IDR4.3 trillion (approx. US$288 million) hybrid conventional and shariah financing provided by a syndicate of lenders made up of PT Bank Rakyat Indonesia (Persero) Tbk; PT Bank Syariah Indonesia Tbk; PT Bank DKI; PT Bank Woori Saudara Indonesia Tbk; PT Bank Jtrust Indonesia Tbk; and PT Maybank Indonesia Tbk.*
  • Assisted PT XL Axiata Tbk with back-to-back transactions involving, firstly, the IDR750 billion (approx. US$48.1 million) sale of XL’s remaining Indonesian telecommunications towers to Malaysian tower provider Edotco, and secondly, the sale of XL’s fiber cable network in Java to a local internet services provider.*
  • Assisted on a number of REIT-related transactions, including HSBC Trust Services Singapore (HTSS)’s acquisition of a mall and hospital in Bau-Bau township by an Indonesian subsidiary of Singapore-listed First Real Estate Investment Trust (First REIT); and HTSS’ S$32.2 million acquisition by Lippo Malls Indonesia Retail Trust (LMIRT) of a four-story shopping mall in Kendari from PT Mitra Anda Sukses Bersama.*


*Experience prior to joining AGI Legal.

Publications