RIO rio tinto limited

News: RIO Indonesia's Inalum secures $5.2 bln in financing for Freeport deal -sources

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    JAKARTA, July 13 (Reuters) - Indonesia's state-owned miner Inalum has secured $5.2 billion in financing from 11 foreign and local banks, according to several sources with knowledge of the matter.

    The financing would be used in part to pay for a $3.85 billion deal for a majority stake in the local unit of Freeport-McMoRan Inc FCX.N , said the sources, who declined to be identified because of the sensitivity of the matter.

 
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