Bloomberg News

Standard Chartered Said to Fund $1 Billion Borneo Lumbung Loan

January 26, 2012

Jan. 26 (Bloomberg) -- Standard Chartered Plc fully funded a $1 billion loan sought by PT Borneo Lumbung Energi & Metal, said a person familiar with the matter.

Standard Chartered, which is arranging syndication of the loan, funded the facility on Jan. 20, said the person, who asked not to be identified because the details are private.

To contact the reporter on this story: Wendy Mock in Hong Kong at wmock3@bloomberg.net

To contact the editor responsible for this story: Andrew Monahan at amonahan@bloomberg.net


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