Protelindo secures US$30 million syndicated loan

JAKARTA: PT Profesional Telekomunikasi Indonesia (Protelindo), a subsidiary of Djarum Group's PT Sarana Menara Nusantara Tbk, reached an agreement on a US$30 million loan facility, today.Sarana Menara Corporate Secretary Haryo Dewanto said the facility
News Editor
News Editor - Bisnis.com 23 Desember 2010  |  13:23 WIB

JAKARTA: PT Profesional Telekomunikasi Indonesia (Protelindo), a subsidiary of Djarum Group's PT Sarana Menara Nusantara Tbk, reached an agreement on a US$30 million loan facility, today.Sarana Menara Corporate Secretary Haryo Dewanto said the facility was derived from syndicated banks consisting of ABN Ambro Bank NV (Jakarta), DBS Bank Ltd, OCBC Ltd and Standard Chartered Bank. The four banks also act as mandated lead arranger.The agreement was sealed on December 23, he stated on the companys disclosure to Indonesia Stock Exchange (IDX), today. Unfortunately, he declined to detail out the amount of loan they grabbed from each bank and the spending plan.Royal Bank of Scotland was appointed as facility agent while PT Bank Central Asia Tbk acted as common security agent, he added. (T05/NOM)

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Editor : Muhammad Fariz Aulia

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