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Loan gaffe won’t take sheen off Pelindo II

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By Shruti Chaturvedi
29 Jan 2015

Pelabuhan Indonesia II (Pelindo II) surprised loans bankers this week with its decision to limit a $1bn borrowing to just over half that amount, causing the cancellation of general syndication. This was just the latest twist for a loan that has been anything but straightforward, though the outcome is unlikely to hurt the borrower in the long run.

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By Shruti Chaturvedi
29 Jan 2015