Tower Bersama rises for new $300m three year

telecom towers
By Rashmi Kumar
10 Apr 2014

Indonesian telecommunications company Tower Bersama Group is seeking a club loan of up to $300m, and sent out a request for proposals to banks last week, joining a raft of other Indonesian borrowers in the market.

The three year loan will consist of a $200m facility, with a greenshoe option of $100m, according to a banker who has received the invitation.

Tower Bersama is seeking minimum commitments equivalent to $25m from banks, and is giving them the option to commit in either US ...

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