InfoSAWIT, JAKARTA – As one plantation company having palm oil as its mainstay commodity, Holding Perkebunan now restructurizes the corporate and makes it need relatively massive fund from the external, including the capital expenditure (Capex) in 2018 reaching Rp 16 billion.
So far, PTPN Group has got massive supports from the banks, such as, private and enterprise. In the last two years, the private banks giving the fund are PT Bank DBS Indonesia, PT Bank Central Asia (BCA), Bank Sumitomo Mitsui Banking Corporation (SMBC) Indonesia, Bank Industrial and Commercial Bank of China (ICBC), and Bank of Tokyo-Mitsubishi UFJ (BTMU) Indonesia. Besides the company now does trace with other banks, such as, PT Bank Permata, PT Bank UOB Indonesia, and others.
“The success of Holding Perkebunan Nusantara getting loan facility shows the trust and good supports from the banks on the reputation of the company to run plantation business,” Vice Director of Holding Perkebunan Nusantara PT Perkebunan Nusantara III (Persero), Dolly P. Pulungan said in the official statement to InfoSAWIT, Wednesday (28/3/2018) in Jakarta.
Besides the fund from bank facility, the company is now tracing the alternative fund option to publish debt instrument. (T2)