Busy Year End in Debt Market

Some companies secured major loan facilities in the last few days of 2017. Coal producer Bayan Resources (BYAN), for example, signed US$100 million revolving loan facilities with Bank Permata (BNLI), which can be used for bank guarantee and forex line. Under the agreement, Bayan Resources may use up to US$30 million for bank guarantee and US$3 million as forex line.

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