Sritex to extend 2019 loan

By Pan Yue
04 Dec 2020

Indonesian textile products manufacturer Sri Rejeki Isman, better known as Sritex, is planning to extend a dollar loan closed in 2019 by two years.

The company is asking lenders’ consent to exercise the two year extension option on the $350m three year borrowing, according to bankers. Citi, DBS and HSBC are the mandated lead arrangers and bookrunners.

An additional fee will be paid to lenders who agree to the extension and ...

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