Barito Pacific (BRPT), a holding company for various business from agriculture to property and petrochemicals, has obtained a loan facility of US$250 million from Bangkok Bank Public Company Ltd. The loan agreement, signed on March 24, 2017, has the tenor of 18 months. BRPT puts 498.6 million shares of PT Chandra Asri Petrochemical Tbk (TPIA) as a collateral for the loan. BRPT’s subsidiaries PT Griya Idola and Marigold Resources Pte Ltd also put a collateral for said loan.To subscribe please click here
