Friday, July 10, 2009

Bank Ekspor Indonesia to sign $210 mln syndicated loan

SINGAPORE -
Bank Ekspor Indonesia will sign a $210 million syndicated loan on Friday to help refinance the Indonesian lender's loan and support future export financing, Bank Mandiri, one of its mandated lead arrangers & bookrunners, said.

Bank Mandiri (BMRI.JK), Indonesia's largest bank by assets, contributed the biggest portion of that syndicated loan by lending $35 million to Bank Ekspor, according to a statement.

A total of 16 banks participated in that syndicated loan, including Bank of Tokyo-Mitsubishi UFJ, Oversea-Chinese Banking Corporation (OCBC.SI) and Krung Thai Bank KTB.BK.

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