Nusantara Infrastructure's grandson's business won a syndicated loan of Rp1.5 trillion

By : Abraham Sihombing And Aldo Bella Putra | Friday, August 10 2018 - 01:30 IWST

Pengunjung mengamati papan elektronik yang memperlihatkan pergerakan IHSG di gedung BEI (Foto Rizki Meirino)
Pengunjung mengamati papan elektronik yang memperlihatkan pergerakan IHSG di gedung BEI (Foto Rizki Meirino)

INDUSTRY.co.id - Makassar - PT Bosowa Marga Nusantara (BMN), a subsidiary of PT Marga Utama Nusantara (MUN) obtained a Rp1.547 trillion syndicated credit facility to finance the construction of the AP Pettarani flyover in Makassar, South Sulawesi.

As is well known, PT Marga Utama Nusantara (MUN) is a subsidiary of PT Nusantara Infrastructure Tbk (META).

The credit facility was marked by the signing of a syndicated loan between BMN and PT Bank Central Asia Tbk (BCA) and PT Bank Pembangunan Daerah South Sulawesi and West Sulawesi (Bank Sulselbar).

The signing of the syndicated loan agreement was carried out by Anwar Toha, President Director of PT BMN with Susiana Santoso, Executive Vice President of the Group Corporate Finance BCA, Yayi Mustika Pudyanti Vice President of Group Corporate Banking BCA and Andi Muhammad Rahmat, President Director of Bank Sulselbar at Four Points Hotel, Makassar , Thursday (08/08/2018).

The syndicated loan consists of conventional financing provided by BCA and Sulselbar Bank with a total value of Rp1.54 trillion. Approximately Rp1.31 trillion from the syndicated bank is provided by BCA Bank and the remaining Rp.230 billion from Bank Sulselbar.

In this 12-year syndicated loan facility, Bank BCA acts as a joint mandated lead arrangers and bookrunners (JMLAB), Facility Agents, Guarantee Agents, and Shelter Agents.

Anwar Toha, Director of BMN, said that this cooperation will further strengthen the funding structure for the construction of the AP Pettarani flyover as the first overpass toll road in the city of Makassar.

"This is at the same time a representation of our commitment to participate in providing solutions to unravel the density of vehicles in the city of Makassar. It also becomes concrete evidence in the implementation of financing schemes for non-APBN Infrastructure projects or Government Non-Budget Investment Financing (PINA), "Anwar concluded. (Abraham Sihombing

News Comment

Today's Industry

SUNeVision Initiates MEGA IDC Phase Two Development

Jumat, 28 Maret 2025 - 22:21 WIB

SUNeVision Initiates MEGA IDC Phase Two Development

SUNeVision, the technology arm of Sun Hung Kai Properties (SHKP), today announced the commencement of construction for Phase Two of MEGA IDC in Tseung Kwan O. As Hong Kong's largest data centre…

 PT Metrodata Electronics Tbk (“MTDL”)

Jumat, 28 Maret 2025 - 22:07 WIB

TDL Records New Revenue Record of IDR 25 Trillion in 2024 Ahead of 50th Anniversary

PT Metrodata Electronics Tbk (MTDL), the largest technology Company with the most complete IT and telecommunications products in Indonesia, managed to record a revenue of IDR 25 trillion in…

Wireless Logic

Jumat, 28 Maret 2025 - 22:00 WIB

Wireless Logic Selected By Thales As IoT Connectivity Partner

Wireless Logic, a global leader in IoT connectivity solutions has been selected by Thales, a global leader in advanced eSIM technologies, to enable secure, scalable and resilient IoT connectivity…

Microvista Expands International Presence with Mobile CT System ScanExpress

Jumat, 28 Maret 2025 - 21:53 WIB

Microvista Expands International Presence with Mobile CT System ScanExpress

The German specialist in industrial computed tomography and non-destructive testing, Microvista, announces the European expansion of its innovative mobile CT system, ScanExpress. The system…

Pekerja Industri Tekstil

Jumat, 28 Maret 2025 - 21:44 WIB

Turning Loss into Profit, INOV Optimistic in Maintaining Positive Performance this Year

PT Inocycle Technology Group Tbk (INOV:IJ) Indonesia's leading and largest PET waste recycling Company managed to book sales of IDR 629 Billion in 2024, an increase of 4.8% compared to the previous…