Indonesian NBFI Chandra Sakti makes comeback

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By Pan Yue
16 Mar 2021

Indonesian non-bank financial institution Chandra Sakti Utama Leasing has launched a $75m loan into general syndication, with bankers expecting the firm’s modest rise in non-performing loans versus peers to hold it in good stead.

Bank Mandiri, CIMB and OCBC Bank are the mandated lead arrangers and bookrunners for the transaction. The loan carries an undecided greenshoe option.

The facility has a door to door tenor of three years with an average life of 1.625 years, the same structure as its previous ...

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