Ex-Im Bank financing GE locomotives for Indonesia
Export-Import Bank of the U.S. (Ex-Im Bank) Chairman and President Fred P. Hochberg, GE Transportation President and CEO Russell Stokes, and Indonesia’s PT Kereta Api (PTKAI) of Jakarta President and CEO Ignasius Jonan have signed a credit agreement totaling $94.3 million to finance the export of 50 General Electric Company locomotives to Indonesia.