{
    "success": true,
    "data": {
        "id": 3648,
        "msgid": "hsbc-to-fund-indosat-satellite-1196849606",
        "date": "2007-12-05 17:13:26",
        "title": "HSBC to Fund Indosat Satellite",
        "author": "",
        "source": "GOI",
        "tags": "business",
        "topic": null,
        "summary": "HSBC to Fund Indosat Satellite Second-largest mobile phone company PT Indosat has signed a $228.5 million financing agreement with HSBC to acquire a new satellite, Reuters reported. The Palapa-D satellite will replace Palapa-C2 which will come to the end of its service in the first quarter of 2011. Palapa-D will have a service life of 15 years.",
        "content": "<p>HSBC to Fund Indosat Satellite<\/p>\n<p>Second-largest mobile phone company PT Indosat has signed a $228.5 million financing agreement with HSBC to acquire a new satellite, Reuters reported.<\/p>\n<p>The Palapa-D satellite will replace Palapa-C2 which will come to the end of its service in the first quarter of 2011. Palapa-D will have a service life of 15 years.<\/p>\n<p>Indosat said in a statement late Thursday that Palapa-D was currently under construction by Thales Alenia Space of France and will be launched into orbit by a Chinese rocket made by Beijing Talentway Technology Corporation in September 2009.<\/p>\n<p>The financing by HSBC comprises a 12-year export credit scheme and and a nine-year commercial loan. Both of the finance deals will have a two-year grace period.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/hsbc-to-fund-indosat-satellite-1196849606",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}