JAKARTA - PT Transcoal Pacific Tbk (TCPI), a sea transport and logistics services provider, has obtained a loan facility worth Rp. 549.99 billion from a state-owned (BUMN) bank. The loan facility agreement was signed on 25 June 2019.
Dirc Richard Talumewo, President Director of PT Transcoal Pacific Tbk (TCPI) said that the loan would be used for the purchase of additional fleets to support the company's business activities and to support the company's operations.
The loan facility consisted of investment loans (Rp 454.99 billion) and working capital loan (Rp 95.29 billion). (LK/AR)