Toll Road Program Indonesia: Syndicated Loan For Waskita Karya
State-controlled construction company Waskita Karya obtained a syndicated loan of IDR 5 trillion (approx. USD $375 million) from a group of nine banks. Sumitomo Mitsui Banking Corporation (SMBC) acts as sole mandated lead arranger and book-runner for the five-year loan, while the Bank of China (Hong Kong) Limited Jakarta branch acts as mandated lead arranger.