PT Media Nusantara Citra (MNC) Tbk (MNCN), controlled by Hary Tanoesoedibjo, mulls to seek loan of US$200 million from consortium of banks. The loan will be used to refinance its debt worth US$250 million which will mature in September this year. The loan will have tenor of five years. MNC conducts a road show for loan in some cities overseas such as Hong Kong, Taipei, and Singapore. As at March 2017, MNCN’s liability reached Rp4.88 trillion. Bank loan scheduled to mature within one year amounts Rp3.35 trillion.
