Ometraco gets $75m loan

Wed, 02 Jul 1997, 00:00 WIB | Source: JP

JAKARTA (JP): PT Ometraco Multi Artha, a multi finance
subsidiary of the publicly listed PT Ometraco Corporation, has
obtained a US$75 million syndicated loan.

Ometraco said in a statement yesterday that the loan, which
will mature in two years, will be used to expand the factoring,
leasing and consumer financing business of Ometraco Multi Artha.

The statement said that the loan was arranged by Bank
Internasional Indonesia of the widely diversified Sinar Mas
Group.

Other banks included in the syndication were Bank Ekspor Impor
Indonesia, Fuji Bank International Indonesia, Bank BII
Commonwealth, Bank Negara Indonesia and Bank Pembangunan
Indonesia. (09)

View JSON | Print