Lenders have been asked to provide underwritten commitments and proposals on an uncommitted basis, they added.
Indonesian sovereign wealth fund Danantara is seeking a multicurrency borrowing of as much as US$10 billion ($12.74 billion), in what could be Southeast Asia’s largest loan, according to people familiar with the matter.
Danantara, formally known as Daya Anagata Nusantara, sent a request for proposals to regional and international banks for a loan with tenors of around three to five years, the people said, who asked not to be identified discussing private matters.
