Seven tipped for Pertamina $1.5bn five year loan

By Shruti Chaturvedi
13 Jun 2016

Indonesian state-owned oil company Pertamina is understood to have lined up seven banks for a $1.5bn five year fundraising.

The company had sent a request for proposals for the borrowing in mid May, GlobalCapital Asia previously reported. It is seeking lenders for a $1.1bn loan, which comes with a $400m greenshoe.

It is understood to have zeroed in on a banking group consisting of Bank Negara ...

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