Signing of the Credit Agreement between Protelindo and Iforte with PT Bank Mandiri (Persero) Tbk
Tower · Thursday, 14 March 2024 06:00
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:
Name of Issuer or Public Company |
: |
PT Sarana Menara Nusantara, Tbk. |
Line of Business |
: |
- Management Consultancy Activities - Holding Company Activities - Construction of Central Communication |
Phone |
: |
0291-431691 / 021-23585500 |
|
: |
corpsec@ptsmn.co.id |
1. |
Date of Occurrence |
March 8, 2024 |
2. |
Parties to the Transaction |
1. PT Profesional Telekomunikasi Indonesia (“Protelindo”), a company in which the Company owns 99.9997% of the shares; 2. PT Iforte Solusi Infotek (“Iforte”), a subsidiary in which Protelindo directly owns 99.99% of the shares; dan/and 3. PT Bank Mandiri (Persero) Tbk (“Mandiri”) as a banking institution. |
3. |
Type of Material Information or Facts |
On March 8, 2024, Protelindo and Iforte as the borrowers have signed the Credit Agreement with Mandiri as a lender (“Credit Agreement” or “Transaction”). |
4. |
Description of Material Information or Facts |
1.The following are several important information in connection with the Credit Agreement: - Total Facility: IDR2,400,000,000,000.-. - Purpose of loan: general corporate purposes including but not limited to refinance the bonds and existing loan. - Final Maturity Date: Maximal 3 (three) years after signing date of the agreement. - Governing Laws: Law of Indonesia. 2. Protelindo and Iforte are jointly liable for their obligations under the Credit Agreement. |
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 material impact to the operational, legal, financial condition or continuity of the Company's business. |
6. |
Other information |
1. The execution of the Transaction 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 Transaction 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