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syndicated-loan

Business 6 years ago

After two years of talks, PLN hopes to secure $3.5b for two UST power plants

Seventy-five percent of the funding is to come from a syndication of 15 foreign lenders from East and Southeast Asia.

Business 6 years ago

PTPN III obtains US$390.6 million syndicated loan as working capital

The loan is to be used as working capital for increasing production and developing its facilities, but the company is still Rp 6 trillion short of its Rp 15 trillion funding target for 2019.

Business 6 years ago

PLN secures US$1.18b syndicated loan for 35,000 MW program

The funds would be used to build electricity infrastructure that is part of PLN's 35,000 MW program, such as substations and transmissions.

Business 7 years ago

Toll road operator takes out Rp 30.03t in syndicated loans over one year

The company is also seeking out alternative financing through private equity funds in an attempt to reduce its dependency on debt-based financing.

Business 7 years ago

Inner-city toll developer receives Rp 13.7 trillion loan

Toll road developer PT Jakarta Tollroad Development (JTD) has announced that it has received a Rp 13.7 trillion (US$943.35 million) syndicated loan involving 29 banks to construct a 30-kilometer elevated inner city toll road in the capital.

Business 7 years ago

PLN gets US$1.62b syndicated loan for 35,000 MW program

State-owned electricity company PLN has managed to obtain syndicated loan facilities worth UDS$1.62 billion from 20 international banks to finance the construction of power plants as a part of the implementation of the government’s 35,000-megawatt (MW) generation program.

Business 7 years ago

Garuda finalizes $300m global syndicated loan

National flag carrier Garuda Indonesia is now in the final process to obtain a global syndicated loan worth between US$200 million and $300 million as part of the company’s effort to expand its business, the company’s president director, Pahala Mansury, said in Jakarta on Thursday.

Business 8 years ago

Train manufacturer PT INKA signs Rp 4t loan to build LRT cars

State-owned train manufacturer PT Industri Kereta Api (INKA) signed on Wednesday a syndicated loan agreement totaling Rp 4.05 trillion (US$298.8 million) to build 186 train cars to be operated along the Greater Jakarta light rapid transit (LRT Jabodetabek) network.

Business 8 years ago

Syndicated loan by five banks to support LRT project

After undergoing lengthy discussions involving a number of ministries, the Greater Jakarta light rail transit (LRT Greater Jakarta) project has finally secured a syndicated loan from five banks.