Copying and distributing are prohibited without permission of the publisher
PLN/Indramayu – export financing
23 March 2009
Banks team for power-play in Indonesia
Read more:
PLN Persero
Sinosure
CDB
China Citic
Norton Rose
Clifford Chance
Indonesia
power generation
China's influence in the delivery of projects and the financing of those projects in Asia is growing strongly – and this deal is a testament to that, with five Chinese banks acting as MLAs and joining the highly experienced export finance hands of BNP Paribas (BNPP) and Société Générale (SG) in true Western-Asian bank cooperation.
This $592.2 million Sinosure-backed financing for PLN Persero, the Indonesian state-owned power company turned out to not only to be a landmark for China's export credit capacity, but also the biggest transaction in the Indonesian loan syndication market in 2008. It was also the largest buyer credit...
You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the latest news and analysis for two days
(excluding some surveys and articles). Start your free trial today.
