19 November – LAWFUEL – The Law News Network – Holman Fenwick & Willa…

19 November – LAWFUEL – The Law News Network – Holman Fenwick & Willan provided English law advice to Long Haul Holdings Ltd in the issue by Willow Finance Limited of a US$205 million exchangeable bond issue due 2010 and which are exchangeable for the ordinary shares of PT Bumi Resources Tbk (“Bumi”). Bumi, through its operating companies, is Indonesia’s largest thermal coal producer. The issue included a Regulation S offering.

The non-recourse feature of the orphan-SPV allows the Issuer to enter into select derivative activities in relation to its underlying shares.

The team from Holman Fenwick & Willan comprised of Nick Hutton and Andrew Johnstone from Holman Fenwick & Willan’s London office and Alistair Duffield and Tan Yo-Hann from Holman Fenwick & Willan’s Singapore office.

For further information please contact:
Alistair Duffield, Partner, Singapore on +65 6534 0195 or email [email protected]
Nicholas Hutton, Partner, London on +44(0)20 7264 8254 or email [email protected]

Alternatively, Lesley Goodlet, Head of Marketing, on +44 (0)20 7264 8350 or email [email protected]

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