04 July 2012

Elnusa receives US$25 Million Non-Cash Loan from BNI

PT Elnusa Tbk receives US$ 25Million – a Non cash loan facility from PT Bank Negara Indonesia (Persero) Tbk (BNI). BNI accommodate a competitive rate for the facility and this facility may strengthen Elnusa trustworthiness from the Indonesian local Banking or private banking sectors.

For BNI itself, this facility is part of scenario to support the improvement of oil & gas industry as prior sector of BNI. “We keep on supporting the development of oil & gas industry in Indonesia, especially support to local company as Elnusa “said General Manager BUMN & Institution BNI, Rosa de Lima Dwi Mutiari.

Thus, the facility will be used for the tender guarantee and for Elnusa projects, especially that is related to Kontraktor Kontrak Kerja Sama (KKKS) Migas. Moreover, it can be used for guarantee to purchase the equipments and spare part as well as support to the operations activities, both in local or international.

“It is clearly stated that the facility has supporting Elnusa in running its business operations and be more efficient. We wish that our creditor may join the positive trend” reveal Heru Samodra, VP Corporate secretary Elnusa

Back to News