Indonesia, India firms seek $125m in loans

By Shruti Chaturvedi
15 Aug 2016

A power plant construction firm from Indonesia and an equipment and infrastructure finance company from India are raising debt worth a collective $125m.

Indonesia's Pusaka Jaya Palu Power, an engineering, procurement and construction firm, has rolled out a $75m syndicated loan to back a new project, said a source.

Cathay United Bank is the sole mandated lead arranger and bookrunner of the seven year facility.

The loan amortises for an average ...

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