May 18, 2011

Astra secures US$145 mio loan facility

Indonesia's largest automotive products manufacturer and assembler PT Astra International Tbk (ASII) has entered into a US$145 million revolving facility agreement on May 13.
The 36 month loan facility will be used for the company's general purpose. Astra has secured the facility from Mizuho Corporate Bank Ltd, Singapore, DBS Bank Ltd, Sumitomo Mitsui Banking Corporation, Singapore, and PT ANZ Panin Bank. Mizuho Bank is acting as the facility agent.

Disclosure: No position at the stock mentioned above.  

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