Bank Rakyat makes comeback for new $300m

By Rashmi Kumar
08 May 2014

Bank Rakyat Indonesia has sounded out lenders for a $300m three year loan and issued a request for proposals on Monday, marking the first time it has tapped the market since 1997.

It demanded a quick turnaround from interested banks, giving a deadline of Thursday to submit bids, according to a Singapore-based banker on the deal.

The borrower did not indicate any minimum commitment and only asked lenders how much they wanted to commit and at what pricing, added the ...

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