J Resources seeks refinancing facility
Wednesday, September 30 2015 - 12:58 AM WIB
By Romel S. Gurky
IDX-listed gold mining firm PT J Resources Asia Pasifik Tbk is currently in the process of seeking refinancing facility from creditors for syndicated loans worth US$275 million.
The company said in a filing with the Indonesia Stock Exchange Tuesday that banks involved in the refinancing process included Indonesia Eximbank, PT Bank Permata Tbk, PT Bank ICBC Indonesia, and PT Bank QNB Kesawan Tbk. It did not provide further details.
The firm has several gold mines in Indonesia located in East Kalimantan, North Sulawesi and Gorontalo provinces.
Editing by Reiner Simanjuntak