Independent telecoms tower company Protelindo has secured a US$250m syndicated loan to refinance its debt, TelecomFinance has confirmed.
The banks in the syndicate include DBS, Oversea-Chinese Banking Corporation (OCBC), Standard Chartered, and…
Independent telecoms tower company Protelindo has secured a US$250m syndicated loan to refinance its debt, TelecomFinance has confirmed.
The banks in the syndicate include DBS, Oversea-Chinese Banking Corporation (OCBC), Standard Chartered, and RBS.
According to reports, RBS has also been hired as facility agent and Bank Central Asia as common security agent.
Back in December, the company had reportedly already obtained a US$30m facility from ABN Amro, DBS, OCBC, and Standard Chartered, with RBS and Bank Central Asia acting as facility agent and common security agent, respectively.
Protelindo is a subsidiary of Sarana Menara Nusantara (TOWR), which owns and operates towers across Indonesia.
The company could not be reached for comment before the press deadline.
