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Indosat – ECA and commercial loan

01 March 2008

Indosat stars in innovative financing

Borrower: PT Indosat
Amount: $228.5 million
Tenor: ECA financing 12 years; commercial tranche 9 years
ECA: Coface, Sinosure
Legal Counsel: Sidley Austin, Singapore; De Pardieu Brocas Maffei, Paris; Assegaf Hamzah & Partners Indonesia (to borrowers). Linklaters, Hong Kong; Linklaters, Paris; China Global Law Office, Beijing; and Hadiputranto, Hadinoto & Partners, Indonesia (to lenders)

When the Palapa D satellite eventually drifts into orbit in 2009 to replace Indosat's ageing satellite Palapa-C2 it will be thanks to some innovative financing and impressive ECA...

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