{
    "success": true,
    "data": {
        "id": 1292379,
        "msgid": "indah-kiat-gets-offshore-loan-1447893297",
        "date": "2000-03-10 00:00:00",
        "title": "Indah Kiat gets offshore loan",
        "author": null,
        "source": "DJ",
        "tags": null,
        "topic": null,
        "summary": "Indah Kiat gets offshore loan HONG KONG (Dow Jones): Indonesia's Indah Kiat Pulp & Paper Corp is lining up the country's first syndicated loan since the financial regional crisis, marking a turnaround in bank attitudes toward the beleaguered Southeast Asian nation. Indah Kiat is expected to raise as much as US$270 million through a bank loan guaranteed by majority-owner Asia Pulp & Paper Co., said arranger BA Asia Ltd.",
        "content": "<p>Indah Kiat gets offshore loan<\/p>\n<p>HONG KONG (Dow Jones): Indonesia's Indah Kiat Pulp &amp; Paper<br>\nCorp is lining up the country's first syndicated loan since the<br>\nfinancial regional crisis, marking a turnaround in bank attitudes<br>\ntoward the beleaguered Southeast Asian nation.<\/p>\n<p>Indah Kiat is expected to raise as much as US$270 million<br>\nthrough a bank loan guaranteed by majority-owner Asia Pulp &amp;<br>\nPaper Co., said arranger BA Asia Ltd.<\/p>\n<p>The loan refinances an existing US$400 million five-year term<br>\nloan facility, which carried a three-year investor put option<br>\ndated April 2000.<\/p>\n<p>This week's ratings upgrade from Moody's of parent APP and its<br>\nsubsidiaries is expected to help strengthen interest in the loan,<br>\nsaid BA Asia.<\/p>\n<p>The extension loan, launched in early February, contains one-<br>\nyear and two-year tranches. So far, a total of $200 million have<br>\nbeen committed, with banks providing about two-thirds intended<br>\nfor the two-year tranche.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indah-kiat-gets-offshore-loan-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}