Protelindo finds $400m as loan pipeline builds

Professional Telekomunikasi Indonesia (Protelindo) has lined up a group of six banks to provide funding for its acquisition of a network of telecom towers. The deal may not be syndicated until January, but it comes as a sign that lending appetite is returning in the Asian loan market. Read EuroWeek on Friday for news on this, and other new deals set to come to market from Indonesia, Singapore and elsewhere.