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Jasa Marga closes two toll road financings

15 June 2012

Jasa Marga sponsored project companies Margabumi Adhikaraya and Transmarga Jatim Pasuruan have both signed debt facilities for two toll road projects in Indonesia.

Margabumi Adhikaraya has signed an IDR817 billion dual-tranche term loan through sole bookrunner and mandated lead arranger Bank Mandiri for the IDR1.2 trillion Gempol-Pandaan Toll Road project - a 35 year concession in East Java. The debt package comprises a...

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