Tuesday, April 19, 2011

Berlian Laju Tanker (BLTA IJ) repays their overseas loan

18 April 2011

BLTA is repaying their overseas loan of US$593m using the loan received on Feb 2011 of US$685m. By repaying the loan, BLTA will save US$76.5m this year in interest expense. 

source: CLSA