JAKARTA: PT Astra Sedaya Finance (ASF), one of Astra International's financing companies, secured US$340 million loan (IDR2.9 trillion) provided by a consortium of 13 banks.ASF President Director Djony Bunarto Tjondro said that the consortium was Standard Chartered Bank, HSBC, UOB, BNP Paribas, OCBC, BoTMU, Bank Mandiri, SMBC, China Trust, Mizuho, JP Morgan, BEA, and ANZ Bank.Besides the foreign loan, the company is also supported by a number of local banks to extend financing service, either in billateral or joint financing scheme, he said in a press release received by Bisnis today.He said the loan agreement was signed by him himself, accompanied by ASF Finance & Risk Director Chan Kim Kooi at Hotel Mandarin Oriental, Singapore, on April 29.The loan facility will be channeled to support the financing operation, he explained.(NOM)
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