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00:05PT Bayan Resources Tbk has acquired a total of US$125 million loan from PT Bank Mega Tbk.
00:13The loan will be used by Bayan Resources to finance operating capital and operational activities.
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00:22PT Bayan Resources Tbk has acquired a total of US$125 million loan from PT Bank Mega Tbk.
00:35The management of Bayan Resources explained to Bursa Efek Indonesia that
00:40they have signed a loan agreement to provide banking facilities on December 13, 2024.
00:47The banking facilities are provided in the form of credit demand loan and sublimit
00:52for Bank Guarantee and Standby Letter of Credit with a value of more than US$100 million
00:58and BGS-BLC facilities worth US$25 million.
01:04The lending facilities have a time period of 36 months since the signing of the facility agreement.
01:11The lending facilities are used to finance operating capital and operational activities
01:16for investors and business children.
01:20The facilities are guaranteed by the company guarantee provided by PT Bara Tabang,
01:24a business child of Bayan Resources.
01:28On the other hand, Bayan has set a time period of US$376.76 million
01:36or about US$6.09 trillion on January 1, 2024.
01:41The realization shows a drop of 48% annually compared to the same period in 2023
01:47of US$725.85 million or about US$11.72 trillion.
