Berli Jucker Plc (BJC)said that it signed a loan agreement with foreign institutions in Singapore today. Details are as follows: - Loan value: US$55.0 million - Interest rate: US$ LIBOR plus 0.0625% - Guarantee: There is no guarantee because of BJC's financial stability and continuing well performance of its operating results. - Foreign institutions: Deutsche Bank (Asia Pacific) Ltd, The Mitsubushi Bank, Singapore and Sanwa International Finance Limited - Purpose: 1. To repay US$40.0 million worth of previous loan on February 1994 2. To provide credit for its subsidiary Cellox Paper Co Ltd for its loan repayment to financial institution. 3. To use for its working capital. Translated by The Nation