SYNDICATED CREDIT RP 4 TRILLION TO BUILD 5 AIRPORT

[CATEGORY: FINANCIAL]

PT Bank Mandiri (Persero) Tbk preparing a syndicated loan amounting to Rp 4 trillion for the construction of five airports in the fourth quarter of 2016.

         

Director Corporate Banking Royke Tumilaar call the Bank Mandiri will act as the leader of syndication.

The syndicated loan will be channeled to PT Angkasa Pura I as the builder of the project five airports. "Total loan syndication for the five airports Rp 4 trillion. Credit for the construction Kulonprogro Airport in Yogyakarta will be distributed," said Royke.

According Royke, the syndicated loan used for the construction of new airports and the development of existing airport.

Fifth airports are Ahmad Yani Airport in Semarang, Syamsudin Noor Airport in Banjarmasin, Kulon Progo Airport in Yogyakarta, Terminal 3 Juanda Airport in Surabaya, and Sultan Hasanuddin Airport in Makassar.

The syndication will involve other debtors such as PT Sarana Multi Infrastruktur (SMI), PT Bank Central Asia Tbk, PT Indonesia Infrastructure Finance (IIF), and PT Bank Rakyat Indonesia (Persero) Tbk.

All complete data can be seen at www.tender-indonesia.com

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