TOWR – Protelindo & Iforte secure IDR500 bn credit facility

TOWR – Protelindo & Iforte secure IDR500 bn credit facility The Boards of Directors of Protelindo and Iforte Solusi Infotek, subsidiaries of Sarana Menara Nusantara (TOWR), have signed a IDR500 bn credit facility agreement with Bank China Construction Bank Indonesia. According to TOWR corporate secretary Monalisa Irawan, the facility carries a 60-month tenor, though the interest rate was not disclosed. (Source : Stock Watch)