PT Newmont Nusa Tenggara sign a$600 million loan agreement with 16 banks today to expand its gold and copper mine in Indonesia's West Nusa Tenggara province.
The revolving credit facility will be provided by Credit Agricole and Investment Bank, Singapura Branch, ING Bank NV Singapore Branch, PT Bank Sumitomo Mitsui Indonesia, Commonwealth Bank of Australia and Caterpillar Financial Australia Limited.
Next, PT Bank BNP Paribas Indonesia, PT Bank Negara Indonesia Tbk, Societe Generale Asia Ltd, Natixis Singapore Branch, Goldman Sachs Lending Partners LLC dan PT Bank Commonwealth, Aozora Bank Ltd and UBS AG, Singapore Branch.
Bank Mandiri Tbk contributes US$200 million to a credit syndication. Sumitomo Mitsui Banking Corporation and BNP Paribas Corporate and Investment Banking also serve as original mandated lead arrangers and contribute US$125 million and US$75 million each.
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