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Indonesia's Pelindo II proposes looser terms on $1bn loan

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By Shruti Chaturvedi
09 Jan 2015

Port services provider Pelabuhan Indonesia II’s (Pelindo II) has asked banks lending to a $1bn loan to accept looser covenants on the borrowing. The changes come as the company is eyeing a bond issue that would increase debt on its books and make it difficult for it to meet the current loan conditions.

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By Shruti Chaturvedi
09 Jan 2015