Dec 2, 2010

22 Banks lend US$366 mio loan to Astra

PT Astra International Tbk (ASII) has secured US$200 million and Rp1.5 trillion revolving facility agreement for generak purposes.
Astra has signed the 36 month loan agreement with 22 banks on November 29 2010 in Singapore.
The lenders are Overseas-Chinese Banking Corporation Limited, PT Bank OCBC NISP Tbk, PT Bank Mandiri Tbk, PT Bank Mandiri Tbk, Singapore branch, Citibank N.A. Jakarta, DBS bank Ltd.
PT bank DBS Indonesia, United Overseas Bank Limited, PT bank UOB Buana, PT Bank of Tokyo-Mitsubishi UFJ Ltd, jakarta branch, PT ANZ Panin Bank, Mizuho Corporate Bank Ltd, Singapore branch, and PT Bank Mizuho Indonesia also join the syndication.
Sumitomo Mitsui Banking Corporation, PT Bank Sumitomo Mitsui Indonesia, PT Bank Central Asia Tbk, HSBC Jakarta, BNP Paribas, Singapore, PT Bank Danamon Indonesia Tbk, PT Bank Rabobank International Indonesia, Standard Chartered Bank, Singapore, and Natixis Singapore involve to provide loan facility.  

Disclosure: No position at the stock mentioned above.
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