Adaro Energy’s Barging Subsidiary MBP Secures a US$160 Million Seven-Year Bank Loan

May 3, 2012, 10:54 am | Admin

PT Adaro Energy Tbk is pleased to announce its wholly owned subsidiary PT Maritim Barito Perkasa (“MBP’), a barging company, secured a US$160 million, seven year (5.75 year average life), bank loan from a group of ten foreign banks. Announcing the transaction, which drew US$915 million of commitments and was 5.7 times oversubscribed, Adaro Energy’s Director and Chief Financial Officer, Mr. David Tendian, noted, “We are pleased with the strong response of the banks and are thankful for their continued support.”

General Media:
For further information, please contact:
Devindra Ratzarwin
Corporate Secretary
Tel: (6221) 521 1265
Fax: (6221) 5794 4685
Email: corsec@ptadaro.com

Financial Media:
For further information, please contact:
Mr. Cameron Tough
Head of Investor Relations
Tel: (6221) 521 1265
Fax: (6221) 5794 4685
Email: cameron.tough@ptadaro.com

Last modified on January 30, 2017, 10:56 am | 981