Pertamina eyes funds onshore for slice of $1.8bn as Indo picks up

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Pertamina eyes funds onshore for slice of $1.8bn as Indo picks up

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Indonesia’s Pertamina, which has mandated 12 lenders for its $1.8bn five year loan, will fund a portion of the financing onshore. This onshore/offshore split has become a common feature of deals from the country and is set for a boost as positive sentiment following the recent presidential election pushes down pricing, writes Shruti Chaturvedi.

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