PT Merdeka Tsingshan Indonesia (MTI), a joint venture between gold, copper, and nickel producer Merdeka Copper Gold (MDKA) and Tsingshan, the world’s largest stainless steel producer, will receive loan from Original Facility A Lenders with commitment value up to US$260 million. Said Single Currency Term Loan Facilities was signed in 31 August 2022, facilitated by United Overseas Bank Limited as the agent and PT Bank UOB Indonesia as the security agent (Capex Facility Agreement).
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