PT Federal International Finance (FIF) raise syndication loan US$150 million from 7 bank. CEO FIF Suhartono says the loan with tenure three years for booking.
The company plans to use the fund for financing realization this year thats targets could stand at IDR15 trillions.
FIF picks Sumitomo Mitsui Banking Corporation as a facility agent dan The Hongkong and Shanghai Banking Corporation Limited (HSBC) as a security agent. The others banks are Standard Chartered Bank, The Bank of Tokyo-Mitsubishi UFJ Ltd, Chinatrust Commercial Bank Ltd, PT Bank Chinatrust Indonesia, and PT Bank Ekonomi Rahardja Tbk.
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