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Article: Indonesia's mining company Bumi obtains 1.9 mln USD loans from China

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Xinhua News Agency
Article date:
October 2, 2009
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Indonesia's mining company Bumi obtains 1.9 mln USD loans from China

JAKARTA, Oct. 3 (Xinhua) -- Indonesian prominent mining holding company, PT Bumi Resources Tbk, offered four of its mining companies as guarantee to earn 1.9 billion U.S. dollars of loans from China Investment Corporation (CIC), the Kompas Daily reported here on Saturday.

The loan would be disbursed by the Country Forest Limited, a subsidiary unit of CIC. In its explanation to Indonesian Stock Market Supervisory Body (BEI), Bumi ...

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