PT ANZ Panin Bank acts as the loan syndication coordinator for IDR500 billion loans to PT Garuda Food Putra Putri Jaya (Garudafood). The syndication involves PT Bank OCBC Indonesia, PT Bank UOB Indonesia and PT Bank CIMB Niaga Tbk.
The facility was formerly given as the syndication loan worth IDR400 billion. But with the growing response from creditors, it increase into IDR500 billion.
CIMB Niaga acts as arranger too. Garudafood for four years will pay up to 16 folds of quarterly installment
Thursday, October 15, 2009
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