TOWR – Protelindo & Iforte secure IDR1.5 tn loan

TOWR – Protelindo & Iforte secure IDR1.5 tn loan The boards of directors of Protelindo and Iforte Solusi Infotek, subsidiaries of Sarana Menara Nusantara (TOWR), signed a IDR1.5 tn loan facility agreement with Bank CIMB Niaga. TOWR corporate secretary Monalisa Irawan stated that Protelindo and Iforte act as borrowers, while CIMB Niaga serves as the lender. The loan, with a 36-month tenor, does not specify an interest rate. Both borrowers are jointly responsible for fulfilling all obligations. (Source : Stock Watch)