PT AdiraDinamika Multi Finance Tbk signed a syndicated loan facilityamounting to US$225 million in Singapore.
The company said July 20 that it plans to fully hedge the 1.5-yearfacility into Indonesian rupiah to mitigate currency risk.
Funding from the syndicated loan will be used to support thecompany's new disbursement in 2016.
Adira Dinamika Multi Finance was advised by BNP Paribas'Singapore branch, with DBS Bank Ltd. acting as mandated lead arrangers and solebook runners.