Mind ID seeks $1.5bn in general syndication

By Pan Yue
16 Apr 2021

Mining Industry Indonesia (Mind ID) is testing lenders’ appetite for a $1.5bn dual-tranche loan that has been launched into syndication through a group of eight banks.

Bank Mandiri, BNP Paribas, DBS, HSBC, Maybank, MUFG Bank, Sumitomo Mitsui Banking Corp and Standard Chartered are the mandated lead arrangers and bookrunners of the facility.

The loan is split between a $750m three year tranche and a $750m five year portion. The blended average life is ...

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