Wednesday, December 10, 2008

BNI Gets $100 Million Wachovia Loan

PT Bank Negara Indonesia Tbk, third-biggest state lender, agreed to a $100 million
loan from Wachovia Corp. that it will use equally for working capital and to expand its trade financing business. The one-year loan will pay interest of 2.4 percentage points
more than the three-month London interbank offered rate (Libor).
The bank has $219 million of loans and bonds outstandingincluding a $100 million loan due to mature next year

No comments: