Friday, September 28, 2012

Exim Bank signs loan facility

Source from (The Star Online): http://biz.thestar.com.my/news/story.asp?file=/2012/9/28/business/12094293&sec=business

Published: September 28, 2012

PETALING JAYA: Export-Import Bank of Malaysia Bhd (Exim Bank) is participating in a credit syndication agreement involving 22 banking and financial institutions to provide a loan facility totalling US$916.67mil (RM2.9bil) to develop the Cikampek-Palimanan toll road in Indonesia.

It said in a statement that it was providing credit facilities of US$95mil to PT Lintas Marga Sedaya, which is 55% owned by PLUS Expressways Bhd.

The toll road development requires a total investment of US$1.31bil.

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