WongPartnership, HHP, LBS, Latham, Milbank act on landmark Adaro energy loan
BY Pamela koh |
A subsidiary of the second largest coal producer of Indonesia, Adaro Energy has inked a US$400m senior loan facility from a syndicate of 12 banks to refinance existing debts and capital expenditures. The loan secured has a maturity period of seven years – the longest tenor of any major financing to date in the Indonesian market.