BRI Finance debuts with $100m three year loan

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By Pan Yue
05 Dec 2019

BRI Multifinance Indonesia (BRI Finance) is tapping the offshore loan market for an up to $100m borrowing.

CTBC Bank and Taishin International Bank are the mandated lead arrangers and bookrunners, according to sources.

The deal has an initial size of $50m, and carries a greenshoe option of another $50m. The three year term loan amortises over 1.625 years. The margin is 92bp over dollar Libor.

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