Pertamina set to pep up Indonesian loan market

By Shruti Chaturvedi
28 Jan 2016

Thin deals volume from Indonesia last year is expected to continue into 2016 because of pressure on commodities and unfavourable swap rates. But there might be some respite on the way when it comes to pricing loans for state-owned companies, writes Shruti Chaturvedi.

Last year was a disappointing one for loans business from Indonesian companies, with dollar-denominated loan volumes plummeting 40% year-on-year to $12.3bn. Activity also took a beating, down by one-third what it was in 2014 to just 40 deals, according to data from Dealogic.

Bankers are also downcast about ...

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