Obtained a Syndicated Loan Facility of USD 700 million, PT SMI Proves Infrastructure as an Asset ClassSyndicated Loan Agreement • September 9th, 2020
Contract Type FiledSeptember 9th, 2020In his remarks, Edwin Syahruzad stated, “We highly appreciate the trust given by our foreign banking partners and all parties working for the implementation of the largest syndicated loan agreement ever recorded by this institution. This agreement is a reflection that PT SMI has succeeded in becoming an entity with a good reputation. This agreement also signals that the infrastructure development sector has resilience, and will therefore continue to be a strategic sector in the country, despite the threat of an economic recession. We hope that the sustainability of infrastructure development can be a trigger to rebuild the economy in the recovery phase from the pandemic.”