Transportation is the third largest sector for Asia Pacific ex Japan loan volume in 2016 YTD
- PT Ngawi Kertosono Jaya has secured an IDR 3.37 trillion facility through joint bookrunners and mandated lead arrangers Bank Mandiri, Bank Negara Indonesia and Bank Rakyat Indonesia. Syndication saw Bank Pembangunan Daerah Istimewa Yogyakarta, Bank Pembangunan Daerah Jawa Tengah, Indonesia Eximbank and Sarana Multi Infrastruktur join as participants. Proceeds are for capital expenditure purposes.
- This is the second largest Transportation sector deal signed in Southeast Asia this YTD, after BW LPG’ $800 million fundraising signed on 27 January 2016.