Indonesia, India firms seek $125m in loans

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 ...Already a subscriber? Login