First Media (KBLV) has obtained additional loan of US$20 million from Credit Suisse AG (Singapore Branch) and Bank BNP Paribas Indonesia. The loan will be used for funding working capital and supporting financing for subsidiaries. KBLV suffered loss of Rp298.6 billion in the first quarter (Q1) of 2017, narrowed from loss Rp355.86 billion in the same period of 2016. Revenue declined 20.2% to Rp241 billion. The Company has cash and cash equivalent of Rp114 billion as at March 2017.