1 November 2009
China Investment Corporation - PT Bumi Resources Tbk
De Brauw has advised the leading sovereign fund China Investment Corporation (CIC) on all Dutch legal and tax aspects of the restructuring of a USD 1.9 billion six-year loan to PT Bumi Resources Tbk, through a wholly owned Dutch subsidiary of PT Bumi Resources Tbk.
The net proceeds of the loan are used to refinance substantially all of Bumi Resources' existing indebtedness, to complete three acquisitions entered into in early 2009, and for working capital and capital expenditure purposes.
Team
Ernest Meyer Swantée, Paul Sleurink
The net proceeds of the loan are used to refinance substantially all of Bumi Resources' existing indebtedness, to complete three acquisitions entered into in early 2009, and for working capital and capital expenditure purposes.
Team
Ernest Meyer Swantée, Paul Sleurink