JAKARTA - PT Goodyear Indonesia Tbk (GDYR) obtained a revolving loan facility worth Rp 140 billion from PT Bank BNP Paribas Indonesia on Friday last week (21/2). The loan facility has a one-year tenor.
As quoted from the company's disclosure published yesterday (24/2), Vikash Mahendra Pillay, Corporate Secretary of PT Goodyear Indonesia Tbk (GDYR) said that the loan would be used as the company's working capital.
Based on the company's financial statement, GDYR, short-term liabilities were recorded at US$ 70.15 million, including US$ 18.46 million in short term loans. (LK/AR)