#Loan
Venteny expects to secure Rp300-400 billion loan from Japanese investors
Technology-based financial services firm PT Venteny Fortuna International (VTNY) is expected to secure additional loans worth Rp300–400 billion (US$24.3 million) from Japanese investors by the end of 2025.
Pertamina seeks US$2.5 billion short-term loan amid market uncertainty
Indonesia’s state-owned energy company PT Pertamina is seeking a short-term loan worth US$2.5 billion (Rp40.9 trillion), a transaction expected to be one of the country’s largest U.S. dollar loan deals this year.
Association raises alarm over massive circulation of illegal online loans
The Indonesian Fintech Lending Association (AFPI) has issued the alarming scale of illegal online lending (pinjol) in the country, warning that these illicit services not only harm the public but also erode trust in legitimate online lending platforms (pindar).
Danantara gets US$10 B foreign loan backed by SOE dividend stream
CEO of Indonesia’s investment management agency BPI Danantara, Rosan P. Roeslani, reveals that the agency has obtained US$10 billion (Rp163 trillion) in unsecured loans from foreign banks, a feat indicating global investor confidence in the country’s investment authority.
AGO names eight new suspects in Sritex bank loan corruption case
The Attorney General’s Office (AGO) has named eight new suspects in a corruption investigation involving the disbursement of bank loans from regional development banks − Bank Banten, Bank Jabar Banten (BJB), Bank Jateng, and Bank DKI Jakarta (now Bank Jakarta) − to textile manufacturer PT Sri Rejeki Isman (Sritex).
Medco Energi secures US$500 Million loan for capital structure, business expansion
Indonesian energy giant PT Medco Energi Internasional (MEDC) has secured a US$500 million (Rp8.4 trillion) loan facility − through two of its subsidiaries, Medco E&P Grissik Ltd (MEPG) and Far East Energy Trading Pte. Ltd (FEET).
Indika Energy secures Rp6.1 T loan to repay debt, fund Awak Mas gold project
PT Indika Energy (INDY) has secured a multicurrency loan of Rp6.1 trillion (US$376 million) from four major domestic banks, aimed at both refinancing existing debt and developing the Awak Mas gold mining project in South Sulawesi.
BREN secures US$121.1 M loan to expand Salak-Darajat geothermal project
PT Barito Renewables Energy (BREN), a renewable energy firm under the control of Indonesian tycoon Prajogo Pangestu, has secured a US$121.1 million (Rp1.99 trillion) loan to fund the expansion of its Salak-Darajat geothermal project through its subsidiaries under the Star Energy Geothermal Group.