The financing syndication involved other banks such as Bank Rakyat Indonesia (BRI), Bank Central Asia (BCA), Bank Pembangunan Daerah (BPD) Kaltim and Bank Pembangunan Daerah (BPD) West Java, Banten (BJB).
The credit syndication agreement was signed by Bank Mandiri President Director Zulkifli Zaini, Institutional Business Director of BRI Asmawi Saym, BCA Director Dahlia M. Ariotedjo, BPD Kaltim President Director Zainuddin Fanani, BJB Commercial Director Entis Kushendar and PKT President Director Aas Asikin Idat.
State-Owned Enterprises (SOE) Minister Mustafa Abubakar and President Director of fertilizer firm PT Pusri Arifin Tasrif witnessed the signing of the agreement.
The syndicated credit will mature in 10 years with a grace period of 3.5 years. The funds will be used to build the Kaltim 5`s ammonia and urea fertilizer factories.
(Uu.A014/HAJM)
Editor: Priyambodo RH
Copyright © ANTARA 2011
