UFS secures US$15m loan facility

(2006-06-30)

  UNITED Fiber System Ltd (UFS) yesterday announced that it has secured a US$15 million loan facility from Natexis Banques Populaires.

  The company said the financing will be used for working capital and capital expenditure for Indonesian pulp mill PT Kiani Kertas - which it is planning to acquire - to get the pulp mill into full operational readiness ahead of the acquisition.

《The Business Times》

  

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