Jakarta, 27 December 2024 – PT Barito Pacific Tbk (IDX: BRPT) is pleased to announce the successful securing of a Rp 700 billion corporate loan from PT Bank Tabungan Negara (Persero) Tbk (Bank BTN). This strategic financial facility underscores Barito Pacific's proven financial track record and will provide financial flexibility for the company’s operational activities.
"We are grateful for the support that Bank BTN has placed in Barito Pacific. This partnership not only reinforces our credibility but also strengthened our financial capability and funding aspect in conducting our business in the future," said David Kosasih, Barito Pacific Director of Finance.
Under the Loan Agreement, the Rp 700 billion revolving working capital credit facility is structured into two tranches, each valued at Rp350,000,000,000 (three hundred fifty billion Rupiah).
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About Barito Pacific
Barito Pacific (IDX: BRPT) is an integrated energy company based in Indonesia with multiple power and industrial assets. Through PT Barito Renewables Energy (IDX:BREN), BRPT operates geothermal assets with a combined installed capacity of 886MW and 75 MW installed wind farm capacity. BRPT also owns a controlling share of PT Chandra Asri Petrochemical Tbk (IDX: TPIA), Indonesia’s largest and only integrated petrochemical company. Along with Indonesia Power, a wholly-owned subsidiary of PLN, BRPT is developing Java 9 & 10, a 2 x 1,000MW ultra super-critical class power plant with enhanced efficiencies and environmental performances. Visit us at: www.barito-pacific.com
For more information, please contact:
Corporate Secretary | Corporate Communications
PT Barito Pacific Tbk.
Phone: (62-21) 530 6711
Fax: (62-21) 530 6680
Email: corpsec@barito.co.id, externalcommunications@barito.co.id
