INDONESIA: Maybank has extended a US$330.6 million syndicated term facility for independent power producer Badrajaya Sentranusa.
The 10-year facility includes a US$100 million Islamic tranche. The financing will be used to take over the entire existing project loans for the construction of a hydroelectric power plant in North Sumatra.
Bank Internasional Indonesia, Maybank Investment Bank and Bank Maybank Syariah Indonesia (MSI) were joint mandated lead arrangers and bookrunners, while BII, Maybank Islamic and MSI were joint underwriters for the transaction.
Bank Bukopin and Lembaga Pembiayaan Ekspor Indonesia (Indonesia Eximbank) also participated in the financing.