Signing of Revolving Loan Facility Agreement between Protelindo with PT Bank BNP Paribas Indonesia
Tower · Monday, 25 November 2024 12:00
To comply with the OJK Regulation No. 31/POJK.04/2015 on Disclosure of Material Information or Facts by Issuers or Public Companies and the IDX Board of Directors Decree No. Kep-00066/BEI/09-2022, Amendment to Regulation No. I-E on Obligation to Submit Information, we, PT Sarana Menara Nusantara, Tbk. (the “Company”), hereby submit a Report on Material Information or Facts as follows:
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Name of Issuer or Public Company |
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PT Sarana Menara Nusantara, Tbk. |
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Line of Business |
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- Management Consultancy Activities - Holding Company Activities - Construction of Central Communication |
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Phone |
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0291 – 431 691 / 021 – 2358 5500 |
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1. |
Date of Occurrence |
November 21, 2024 |
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2. |
Parties to the Transaction |
1. PT Profesional Telekomunikasi Indonesia (“Protelindo”), a company whose 99.9997% shares are directly owned by the Company; dan / and 2. PT Bank BNP Paribas Indonesia (“BNPP”) as a banking institution. |
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3. |
Type of Material Information or Facts |
on November 21, 2024, BNPP as the lender and Protelindo as borrower have signed the Revolving Loan Facility Agreement (“Facility Agreement” or “Transaction”). |
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4. |
Description of Material Information or Facts |
The following are key terms and conditions of the Facility Agreement: - Commitment: IDR500,000,000,000 - Purpose of loan: To fund the general corporate purposes of the Company including repayment of the existing loan. - Final Maturity Date: 12 (twelve) months from the signing date. - Governing Laws: Law of Indonesia. |
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5. |
The impact of such event, information or material facts towards operational activities, legal, financial condition, or business continuity of the Issuer or Public Company |
The performance of such Transaction does not have negative material impact to the operational, legal, financial condition or continuity of the Company's business. |
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6. |
Other information |
1. The execution of the Facility Agreement is not a conflict-of-interest transaction of the Company as referred to OJK Regulation No. 42 of 2022 regarding the Affiliated Transaction and Conflict of Interest Transaction (“OJK Rule 42”). 2. The Facility Agreement is not a material transaction as referred to the OJK Regulation No. 17/POJK.04/2020 on Material Transactions and Change of Business Activities. |
Thus we convey the above information and explanation.
PT Sarana Menara Nusantara Tbk