{
    "success": true,
    "data": {
        "id": 1020353,
        "msgid": "federal-motor-gets-loans-1447893297",
        "date": "1994-08-27 00:00:00",
        "title": "Federal Motor gets loans",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Federal Motor gets loans JAKARTA (JP): PT Federal Motor, a subsidiary of PT Astra International, has obtained loans of around US$100 million from a syndication of 22 foreign banks. A spokesman for Federal Motor said that the loans would be used to refinance the previous one-year facility arranged by Chase Asia and to finance the importation of motorcycle spareparts from Honda Motor Corp. of Japan.",
        "content": "<p>Federal Motor gets loans<\/p>\n<p>JAKARTA (JP): PT Federal Motor, a subsidiary of PT Astra<br>\nInternational, has obtained loans of around US$100 million from a<br>\nsyndication of 22 foreign banks.<\/p>\n<p>A spokesman for Federal Motor said that the loans would be<br>\nused to refinance the previous one-year facility arranged by<br>\nChase Asia and to finance the importation of motorcycle<br>\nspareparts from Honda Motor Corp. of Japan.<\/p>\n<p>The loan facility, which was arranged by Japanese banks,,<br>\nincluding Long Term Credit Bank, Sanwa Bank Ltd., and Sumitomo<br>\nBank, was well received in the market, said the company.<\/p>\n<p>The lending rate of the loan facility is floated at 1.7<br>\npercent above the Singapore Interbank Offered Rates (SIBOR).<\/p>\n<p>Federal Motor, which is 85 percent owned by Astra<br>\nInternational, manufactures Honda motorcycles. (hen)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/federal-motor-gets-loans-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}