Fee structure vindicated after Citi increases Pertamina loan

29 Jul 2009

Citi, the sole coordinating arranger, has finalised allocations on the three year loan for Pertamina, Indonesia’s state-owned oil company, after increasing the size of the deal despite strong criticism of the fee structure.

Pertamina scaled back lenders and increased the three year loan from $300m to $400m after ...

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