Tunggul Purusa Utomo

Tunggul Purusa Utomo

Tunggul was made partner at Assegaf Hamzah & Partners in 2012, having been with the firm since he graduated as a lawyer in 2001. Over the years he has amassed in-depth knowledge of our clients and their businesses, and developed an innate ability to help them achieve their business goals.

Tunggul focuses his practice on capital markets, M&A, banking, and project finance. Having advised both issuers / underwriters on a host of debt and equity offerings, many of them global, as well as M&A, and banking and finance deals, he possesses a wealth of experience and expertise working with both domestic and transnational companies in the mining, financial services, broadcasting, plantation and oil and gas sectors, to name but a few. Among the major deals in which Tunggul has been involved are a series of high-value debt offerings by telecommunications giant Indosat, and IPOs by Bank Tabungan Pensiunan Nasional, coal miner Berau Coal Energy,  oil and gas firm Elnusa, and telecommunications infrastructure provider Tower Bersama Infrastructure.

More recently, he has advised Indonesian energy firm PT Medco Energi Internasional Tbk on its IDR 1.5 trillion bonds issuance, coal mining company PT Berau Coal Energy Tbk on its USD 500 million notes issuance, and commercial real estate developer PT Multikarya Hasilprima on its IDR 500 billion bonds issuance. He has also played key roles in a variety of transactions for AHP’s retainer clients, such as private equity house Recapital (acquisitions, financings and refinancings, and asset disposals), national flag carrier Garuda Indonesia (corporate and operational actions, like quasi-reorganization, aircraft procurements and business unit spin-off), petrochemical company Chandra Asri (acquisitions and debt refinancings) and the diversified Indonesian conglomerate Barito group (acquisitions).

His is currently busy on a number of upcoming equity and debt issuances.

A 2001 graduate in law from the University of Indonesia in 2001, Tunggul was awarded an LL.M in commercial law in 2011 by the Erasmus School of Law, Erasmus University, Rotterdam, the Netherlands. He also holds an advocate's license from the Indonesian Bar Association (Peradi).