FIF in talks with relationship lenders for fresh money
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 ...