Syndicated Credit Facilities Signing of PT Telekomunikasi Indonesia International
On 23 March 2018, UMBRA represented PT Telekomunikasi Indonesia International (“Telin”) as the borrower in a USD90 million term loan syndication deal, with PT Bank Mandiri (Persero) Tbk. and PT Bank Sumitomo Mitsui Indonesia acting as Mandated Lead Arrangers. The UMBRA team comprised of Senior Partner Putu Raditya Nugraha, and associates Vulkania Neysa Almandine and Anaq Pratama.
Being a subsidiary of PT Telkom Indonesia (Persero) Tbk., Telin is one of the world’s hubs for telecommunication, information, media, edutainment and services, having presence in multiple countries in Asia, Australia, the Middle East and North America. We hope that this deal would lead to the development of the telecommunication and information industry in Indonesia, as well as extend the outreach of Indonesian service providers offshore.