Latham Advises Chandra Asri on US$750 Million Financing From KKR

Latham & Watkins has advised Chandra Asri, Indonesia’s leading energy, chemical, and infrastructure solutions provider, on a US$750 million unitranche facility from KKR. The financing will be used to support Chandra Asri’s expansion agenda, including the planned acquisition of ExxonMobil’s Esso-branded service station network in Singapore.

The transaction represents one of the largest private credit financings for a Singapore-based acquisition in 2025 to-date.

The Latham team was led by Singapore finance partners Timothy Hia and Kong Chuan Wei, with associate Rebecca Han.