JAKARTA - A consortium of banks disbursed a loan facility (unsecured revolving credit) amounting to US$ 275 million to PT Tower Bersama Infrastructure Tbk (TBIG) on Wednesday (20/1). This was conveyed by Helmy Yusman Santoso, Director of PT Tower Bersama Infrastructure Tbk (TBIG) in an information disclosure quoted on Friday (22/1).
He conveyed that the loan facility will mature in June 2026. "The loan facility bears an interest margin of Libor + 1.75% per year for foreign creditors and Libor + 1.85% per year for domestic credit," he said.
The members of the bank consortium include PT Bank BNP Paribas Indonesia, PT Bank CIMB Niaga Tbk (BNGA), Credit Agricole Corporate and Investment Bank, DBS Bank Ltd, PT Bank HSBC Indonesia, PT Bank Mizuho Indonesia, Oversea Chinese Banking Corporation Limited, PT Bank OCBC NISP Tbk (OCBC), Sumitomo Mitsui Banking Corporation, Singapore Branch, and United Overseas Bank Limited.
With Bank Indonesia (BI)’s middle rate as of 30 September 2020 at IDR 14,918 per US$ 1, the loan value is equivalent to Rp 4.10 trillion. "The value of loans received by the subsidiary is 62.1% of TBIG's total equity as of September 30, 2020," he said.
TBIG's subsidiaries that receive the loan facility, namely, PT Triaka Bersama, PT Metric Solusi Integrasi, PT Telenet Internusa, PT United Towerindo, PT Tower Bersama, PT Tower One, PT Batavia Towerindo, PT Prima Media Selaras, PT Bali Telekom, PT Solu Sindo Kreasi Pratama, PT Mitrayasa Sarana Informasi, PT Solusi Menara Indonesia, and PT Menara Bersama Terpadu. (LK/LM)