Indonesian Political, Business & Finance News

Berlian Motor gets loan

| Source: JP

Berlian Motor gets loan

JAKARTA (JP): Ujungpandang-based PT Bosowa Berlian Motor, the
biggest automotive dealer in eastern Indonesia, secured a Rp 46.8
billion (US$19.8 million) syndicated loan yesterday from four
domestic banks.

PT Bank Nusa International, the loan arranger, put up Rp 9.8
billion, PT Bank Susila Bhakti provided Rp 15 billion, PT Bank
Nasional provided Rp 15 billion and PT Bank Bumiputra provided Rp
7 billion.

The one-year loan would be used as working capital, Bosowa
president Aksa Mahmud said at the loan signing yesterday. (jsk)

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