Short maturity propels IndoExim to bigger $788.5m loan

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By Lorraine Cushnie
12 Jun 2014

Indonesia Eximbank has finalised allocations for its loan, increasing the size of the deal with the inclusion of a short-dated tranche that brought some rare lenders into the syndication.

The loan closed at $788.5m, up from the $600m that the borrower originally targeted. The loan was split into two. Tranche A, which was a 370-day facility provided to the borrower in May, closed at $420m, while tranche B, a three ...

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