INDONESIA PRESS-Indosat seeks $315.5 mln loan to pay debt - Kontan

Wed Mar 26, 2014 10:15pm EDT

Phone operator PT Indosat aims to get a 3.6 trillion rupiah ($315.5 million) loan this year to pay some of its outstanding debt due this year, said Andromeda Tristanto, head of investor communication.

The company has secured a loan commitment of 1 trillion rupiah ($87.64 million) with a tenure of 3-5 years that will be disbursed in the second quarter of this year. (Kontan)

Note: Reuters has not verified this story and does not vouch for its accuracy.

($1 = 11410.0000 Indonesian Rupiah) (Compiled by Jakarta Newsroom; Editing by Anand Basu)

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