Updated: Sarana builds $175m loan in general syndication
Indonesian company Sarana Multi Infrastruktur has approached retail participants for a $175m bullet loan to refinance debt.
[Updated on April 28 to add more comments and details on pre-funding]
Standard Chartered is leading the transaction and sent invitations to banks on Wednesday. It also helmed the $150m three year facility for Sarana in late 2014, which is now being refinanced.There are three levels of participation available ...