Semen Gresik in talks with banks for $300m facility
Indonesian cement company Semen Gresik is speaking to banks about a new loan, understood to be around $300m, following up on its announcement this month that it will build two new plants in the country.
The exact size of the facility is not yet decided and will depend on how many export credit agencies decide to back the deal, according to a banker.
The Indonesian state-owned company first sent out a request for proposals to a group of lenders, and is meeting selected
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