Samudra Energy Ltd., a privately-held Indonesian oil and gas company, hired Standard Chartered Plc to help it borrow $35.5 million for four years.
Proceeds of the revolving credit facility will be used to refinance debt and fund the development of local oil and gas assets. In a revolving credit facility money that's been repaid can
be borrowed again. Samudra Energy is an Oil Company based in Jakarta Indonesia and was formed in 2006.
be borrowed again. Samudra Energy is an Oil Company based in Jakarta Indonesia and was formed in 2006.
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