K-Sure backs major new debt financing for Indonesia EV battery project

The Korea Trade Insurance Corporation (K-Sure) has agreed to cover a US$711mn term loan facility backing the development of an electric vehicle (EV) battery manufacturing plant in Indonesia. K-Sure is covering 95% of the total financing for commercial and political risks, with its involvement, on an untied basis, supporting the overseas business of two Korean ...

K-Sure backs major new debt financing for Indonesia EV battery project
The Korea Trade Insurance Corporation (K-Sure) has agreed to cover a US$711mn term loan facility backing the development of an electric vehicle (EV) battery manufacturing plant in Indonesia. K-Sure is covering 95% of the total financing for commercial and political risks, with its involvement, on an untied basis, supporting the overseas business of two Korean ...

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