XL secures a loan of US$214 to buy Ericsson equipment (Indonesia)
www.WirelessFederation.com/news: XL, mobile operator of Indonesia has secured a loan of US$214 million to buy equipment from Ericsson. This is the Indonesian company’s second deal with Swedish export credit guarantee agency EKN. The facility was arranged by ABN Amro and Standard Chartered Bank and is the second tranche of a total USD 428 million provided by EKN. The company’s capital expenditure will be done from this loan.
