Soechi wades out for refinancing loan

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By Pan Yue
14 Aug 2020

Indonesian tanker company Soechi Lines, which is facing a big hit to its shipyard operation, is in discussions with banks for a refinancing loan.

The company is talking to lenders for money to repay the outstanding amount of $83m on a syndicated loan maturing in August 2021, rating agency Moody’s said in a report published on Tuesday.

The original loan is a $180m five year facility signed in 2016. Bank ...

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