Dian Swastatika Pocketed Loan of USD40Mn

Dian Swastatika Sentosa, Tbk (DSSA:IJ) has a signed a loan facility with Sarana Multi Infrastruktur (Persero), with loan ceiling of USD40Mn tenor 7-years, and London Interbank Offered Rate (LIBOR) interest rate of 1-month plus 4.6% per year. The loans are secured by fixed assets of the company, and not significantly will increase the ratio of debt to equity. While, the loan facility will be used to increase company’s subsidiaries working capital engaged in the business of providing electric power.To subscribe please click here