XL Negotiate 1 – 1.5 trillion BNI Loan

Excelcomindo Pratama (EXCL) is negotiating with Bank Negara Indonesia (BNI) on the latter's loan as much as 1 -1.5 trillion rupiah to the former. The fund would be used for Excelcomindo's capital expenditure and refinancing process this year. (Investor Daily, pg 9)