IFLR1000

Batamindo Investment Cakrawala $18 million and S$231 million financing

1/8/2015
Financing
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$ 188 million

Completed

1/8/2015

Overview:

  • Batamindo Investment Cakrawala has borrowed $18 million and S$231 million from a banking syndicate.
  • The syndicate of banks comprised Standard Chartered Bank and CIMB Bank.
  • Bintan Inti Industrial has acted as guarantor. 

Katrin Kostadinova - Data analyst

Jurisdiction:

Indonesia

Deal type:

Financing

Practice area:

Banking

Governing law:

Singapore

Industry sector:

Industrials and manufacturing

Firms:
Assegaf Hamzah & Partners

Party: Batamindo Investment Cakrawala (Borrower)

Party: Bintan Inti Industrial Estate (Guarantor)

Lawyers: Ibrahim Sjarief Assegaf, Yanu Wiriasmoko

Rajah & Tann Singapore

Party: Batamindo Investment Cakrawala (Borrower)

Party: Bintan Inti Industrial Estate (Guarantor)

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