Nadzar Furqon

Nadzar Furqon

Associate, Ginting & Reksodiputro in association with A&O Shearman

Nadzar has experience mainly in banking, project finance and corporate commercial law.
He has significant experience in advising foreign and Indonesian lenders on general corporate finance and clients on infrastructure developments, especially toll roads. His corporate commercial law experience include assisting clients in corporate restructuring, mergers and acquisitions, joint ventures, and providing advisory memorandum on Indonesian legal issues.


Representative matters

The mandated lead arrangers on a USD500m unsecured syndicated financing to PT Indonesia Asahan Aluminium (Persero).

PT Hutama Karya (Persero) on the sale of the Medan-Binjai and Bakauheni-Terbanggi Besar toll road sections to Indonesia Investment Authority. The Bakauheni-Terbanggi Besar toll road is one of the longest in Indonesia, and both sections form part of the Trans-Sumatera Toll Road network.

A state-owned financial institution on equity bridge loans provided to PT Jawa Satu Regas and PT Jawa Satu Power in connection with the construction of the 1,760MW Jawa-1 combined cycle gas turbine power plant and FSRU in Indonesia.

PT Sarana Multi Infrastruktur (Persero) on its divestment and investment plans in connection with toll road business entities that are owners of sections in Trans Java toll road.

Indonesian Infrastructure Guarantee Fund on its guarantee under the first sharia based Indonesian PPP guarantee scheme in relation to the development of RSUD dr. Zainoel Abidin in Aceh, Indonesia.

Various Indonesian financial institutions on the financing of development of the Cinere-Jagorawi toll road concessionaire.

Various Indonesian financial institutions on the USD710m contractor financing of a joint operating contractor for the construction of the Cikampek-Palimanan toll road.

Indonesian Infrastructure Guarantee Fund on its guarantee under the Indonesian PPP guarantee scheme in relation to the US$140,000,000 Soreang-Pasir Koja toll road project in West Java, Indonesia.

Pro bono

Advising a blockchain/Web3 based company on its community, tourism and SME development in Bali.
Advising a global institute for development of entrepreneurs on research relating to investment in Indonesia.
Advising university team on its participation during a contract drafting competition.
Defending a public notary on a tort case in Surabaya District Court.
Mentoring law students on series of corporate commercial law learning.

Speaking Engagements

  • Guest Speaker, Introduction to Sustainability Linked Financing, Universitas Padjadjaran, 26 August 2023
  • Guest Speaker, Project Finance Sharing Session, PT Bank Maybank Indonesia Tbk., 23 August 2023
  • Guest Speaker, Sharia Syndication Management Training, PT Bank Syariah Indonesia, Tbk., 24-25 November 2022
  • Guest Speaker, Understanding Lending Activities, Universitas Padjadjaran, 27 August 2022

Leadership Positions And Professional Affiliations

Peradi, Indonesia



Admitted as Advocate, Indonesia, 2016


Bachelor of Law, Padjadjaran University, 2012


Indonesian, English
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.