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PT Renaissance looking for $1.6 billion in loans
By Reshmi Basu
New York, May 25 -Investment house PT Renaissance Capital is in the market with a $1.6 billion loan in two tranches to help fund its purchase of coal mines from Indonesia's Bumi Resources, according to markets sources.
The deal is comprised of a $1 billion five-year loan and a $600 million six-year loan.
Credit Suisse is the lead arranger.
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