FIF in talks with relationship lenders for fresh money

Indonesia motorcyle
By GlobalCapital
05 May 2016

Indonesian consumer financier Federal International Finance (FIF) has reappeared in the syndicated loan market for a fresh borrowing.

The company has approached relationship banks individually for a loan, expected to be around $150m, said a source.

“They usually do these fresh money deals as their loans amortise fully by the end of their term. After that, the company approaches the market,” said a second source.

Although the outlook ...

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