All about Indo: Sarana, IIF, Garuda in US$ deals

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By Rashmi Kumar
10 Apr 2014

Indonesia’s Sarana Multi Infrastruktur, Garuda Indonesia and Indonesia Infrastructure Finance are in the market for US dollar funding.

State-owned Sarana is seeking $150m, which when it materialises, will mark the company’s debut syndication.

Standard Chartered is tipped to be the sole bookrunner and mandated lead arranger, with the loan expected to have a three year tenor, according to a banker. Terms are yet to be finalised, ...

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