Indonesia-based telecommunication infrastructure provider Tower Bersama Infrastructure plans to raise $250 million through syndicated loans from a number of domestic and international lenders; these loans will be secured in the form of a three-year revolving credit facility. The interest rate of the loan(s) has not been disclosed yet. Reportedly, the participating banks include Australia and New Zealand Banking Group, DBS Bank, United Overseas Bank, BNP Paribas, China Trust Commercial Bank, CIMB Bank, Deutsche Bank, HSBC, Bank Negara Indonesia, and Bank Danamon. The loan(s) will be used to fund the company’s capital expenditure for 2013.
