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Maraya Novarazka


Maraya Novarazka

Maraya is highly experienced in mergers and acquisitions, general corporate matters and foreign investments. As a result, she has been involved in a number of well-known and internationally recognized transactions in Indonesia, ranging from a public offering of a flag-carrier company, to one of the biggest acquisitions in Indonesia, followed by merger in the telecommunications sector.

Maraya distinguishes herself by taking a different, yet straightforward approach in every transaction that she is involved with.

Representative experience

Advised the arrangers and dealers on issuance of the Republic of Indonesia Global Sukuk in 2013 and 2015.

Advising on the internal merger of a leading cement manufacturer company and its two subsidiaries in Indonesia.

Acting for an Indonesian private equity house in their first equity offering by an private equity firm in Indonesia.

Representing a well-known web portal Indonesian company in its acquisition by another web portal company.

Advising an issuer parent guarantor in relation to the issuance of global bonds of a wholly owned subsidiary.

Representing a flag carrier company in their first initial public offering of an aviation company in Indonesia.

Representing an aviation support services company in connection to a loan facility.

Representing one of the biggest publicly listed state-owned enterprises on the issuance of bonds and sukuk.

Advising on the acquisition of assets  for a catering company.

Education and admissions


  • Law Degree, University of Indonesia, 2010

Bar admissions and qualifications

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