Finance Monthly M&A Awards Winners Edition

FINANCE MONTHLY M&A AWARDS 2020 73 TRANSACTION OVERVIEW Standard Chartered acted as sole financial adviser to PT Medco Energi Internasional Tbk (“MedcoEnergi”), an Indonesia Stock Exchange listed O&G company, on its £408m acquisition of London Stock Exchange listed Ophir Energy plc in May 2019. SUCCESSFUL TRANSACTION FOR THE CLIENT Standard Chartered provided a “One Bank” solution for MedcoEnergi by coordinating cross-border, multi-product teams in a collaborative effort between Europe and Asia: • MedcoEnergi’s first UK public market transaction • Successfully executed in the face of market volatility (oil price and Brexit), stakeholder challenges (activists and arbitrageurs) and competing offerors • Bridge-to-bond financing with a successful $650m bond issuance • Created a leading independent player in Southeast Asia of significant scale • Transaction contributed to credit upgrades for MedcoEnergi from ratings agencies including Moody’s and S&P. The acquisition was in line with MedcoEnergi’s ambition to become a leading O&G company in Southeast Asia and stated strategy to grow reserves organically and inorganically, while complying with high environmental, health and safety standards.  www.sc.com FIRM PROFILE Standard Chartered Bank (“Standard Chartered”) is a leading international banking group with a presence in 59 of the world’s most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, Here for good. M&A ADVISORY AND CORPORATE FINANCE A global M&A and corporate finance platform providing cross-border advisory, financing and structured products to clients in Europe, the U.S. and Standard Chartered’s core “footprint” markets of Asia, Africa and the Middle East. Experienced M&A execution teams and industry specialists operate across 10 global hubs and provide worldwide connectivity for clients seeking cross-border opportunities. For footprint clients this means visibility into Western markets and for Western clients, access to some of the most exciting markets in Asia, Africa and the Middle East. The M&A teams are led by Tom Willett, Global Head of M&A, from Singapore and the European M&A team is led by Manny Chohhan in London. MANNY CHOHHAN TOM WILLETT £408m acquisition of LSE listed