News
27 September 2023

Geo Energy secures $220m loan from Bank Mandiri

In:
Metals and Mining
Region:
Asia-Pacific

Indonesia coal producer Geo Energy Resources has secured $220 million in term loan facilities from Bank Mandiri.The 5-year term loan carries an interest rate of 3.25% over the Secured Overnight Financing Rate (SOFR), currently totalling about 8.5%. The loan facilities will provide the group with...

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