Indonesia Eximbank Secures $500 Million Syndicated Loan

Strengthening Export Financing Capacity

Indonesia Eximbank (LPEI), the country's export financing institution, has successfully secured a $500 million syndicated foreign currency loan. This significant financial backing demonstrates the international community's confidence in LPEI's financial management and strategic importance in Indonesia's export sector. The loan facility was led by prominent international financial institutions serving as Mandated Lead Arrangers & Bookrunners.

Strong International Confidence

The transaction saw an initial commitment of $350 million, with a $150 million greenshoe option that was oversubscribed by $225 million, resulting in a 150% oversubscription rate. This overwhelming response underscores the strong trust and confidence that global financial institutions have in LPEI's financial performance and strategic role. According to Anwar Harsono, Executive Director of Finance, Operations, and Information Technology at LPEI, the high oversubscription reflects international recognition of LPEI's consistent efforts to improve governance and strengthen its position in supporting national exports.

Strategic Implications

The syndicated loan will significantly enhance LPEI's capacity to support Indonesian exporters while effectively managing foreign exchange risk. By strengthening its financial position, LPEI is better equipped to fulfill its mandate of promoting national exports through comprehensive financial solutions. The successful syndication also highlights LPEI's ability to attract international funding, reinforcing its role as a key player in Indonesia's export financing landscape.