ICBC Indonesia provides IDR 50 billion fixed on demand term loan facility to PT Radana Bhaskara Finance Tbk in January 2013 for unspecified purposes (Linked to Record ID#98612)

ICBC Indonesia provides IDR 50 billion fixed on demand term loan facility to PT Radana Bhaskara Finance Tbk in January 2013 for unspecified purposes On January 7, 2013, ICBC Indonesia signed an agreement with PT Radana Bhaskara Finance Tbk, an Indonesian financial services and asset-based financing company, to provide a IDR 50,000,000,000 fixed on demand term loan facility.

This facility is captured via Record ID#98611.

On October 30, 2014, ICBC Indonesia agreed to provide an additional IDR 100,000,000,000 fixed on demand term loan facility to PT Radana Bhaskara Finance Tbk. This facility is captured via Record ID#98612. The proceeds of both facilities are for unspecified purposes.

Both facilities can be drawn down up to three months from the signing date and will mature 36 months following the drawdown date.

The two facilities are secured by fiduciary transfer of consumer financing receivables with a minimum of 100% of the total principal amount of the facilities. as of December 31, 2014, the fiduciary transfer over the borrower's consumer financing receivables amounted to IDR 124,131,454,000, while on December 31, 2015 it amounted to IDR 65,536,123,000.

Other lending terms are unknown.