Signing of the Credit Facility Agreement by PT Profesional Telekomunikasi Indonesia with PT Bank Mizuho Indonesia

Tower · Tuesday, 30 August 2022 12:00

On August 29, 2022, PT Profesional Telekomunikasi Indonesia as debtor and PT Bank Mizuho Indonesia as creditor, executed a Credit Facility Agreement No. 880/CFA/MZH/0822 (“Transaction”).

Report on Material Information or facts in relation to the above Transaction, as required under OJK Regulation No. 31/POJK.04/2015 on Disclosure of Material Information or Facts by Issuers or Public Companies and the IDX Board of Directors Decree No. Kep-00015/BEI/01-2021, Amendment to Regulation No. I-E on Obligation to Submit Information, is as follows:

Dear Sir,

To comply with the OJK Regulation No. 31/POJK.04/2015 on Disclosure of Material Information or Facts by Issuers or Public Companies and the IDX Board of Directors Decree No. Kep-00015/BEI/01-2021, Amendment to Regulation No. I-E on Obligation to Submit Information, we, PT Sarana Menara Nusantara Tbk (the “Company”), hereby submit a Report on Material Information or Facts as follows:

Name of Issuer or Public Company : PT Sarana Menara Nusantara, Tbk. 
Line of Business :

- Management Consultancy activities

- Construction of Central Communication

Phone : 0291-431691 / 021-23585500
Email  : corpsec@protelindo.net

 

1. Date of Occurrence August 29, 2022
2. Parties to the Transaction

1. PT Profesional Telekomunikasi Indonesia (“Protelindo”); dan

2. PT Bank Mizuho Indonesia (“Mizuho”)
3. Type of Material Information or Facts The execution of Credit Facility Agreement No. 880/CFA/MZH/0822 dated August 29, 2022 between Protelindo as debtor (consolidated subsidiary which is wholly owned directly and indirectly by the Company) and Mizuho as the creditor (“Loan Agreement”).
4. Description of Material Information or Facts

The following are key terms and conditions under the Loan Agreement:

1. Total Commitment: IDR1,500,000,000,000 (One Trillion Five Hundred Billion Indonesian Rupiah);

2. Purpose of Loan: general corporate purposes of the company, including but not limited to capital expenditure and refinancing the existing loans;

3. Final Maturity Date: August 29, 2027; and

4. Governing LawsLaws of Republic of Indonesia
5. The impact of such event, information or material facts towards operational activities, legal, financial condition, or business continuity of the Issuer or Public Company The disclosed information or material facts do not have material impact to the operational, legal, financial condition or continuity of the Company's business.
6. Other information The Transaction is not an affiliated transaction and a conflict of interest transaction of the Company as referred to in OJK Regulation No. 42 of 2022 on Affiliated Transaction and Conflict of Interest and is not a material transaction as referred to in the OJK Regulation No. 17/POJK.04/2020 on Material Transactions and Change of Business Activities.

Thus we convey the above information and explanation. 

Best regards,

PT Sarana Menara Nusantara, Tbk.