Global Trade Alert
Global Trade Alert

Indonesia: BNI provided a financing scheme of USD 250 million to PT Chandra Asri Petrochemical Tbk

Announcement

05 Oct 2021

In October 2021, Bank Negara Indonesia provided two loans to PT Chandra Asri Petrochemical Tbk (TPIA) to refinance the company's existing debt and to finance the development of a global petrochemical complex.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

05 Oct 2021

Revocation date:

No revocation date

Announced: 05 Oct 2021
State loan In force
On 5 October 2021, Bank Negara Indonesia (BNI) provided a loan of up to USD 250 million to PT Chandra Asri Petrochemical Tbk (Chandra Asri) to finance bond buybacks and refinancing of the company's ex...
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