PT Adaro Energy Tbk : Indonesia Facility Agreement
April 27, 2021 at 11:47 am EDT
Share
Number:
AE/035/IV-21/MP/aps
Jakarta, April 27, 2021
Encl.:
-
To
Executive Head of Capital Market
Financial Services Authority
Gedung Sumitro Djojohadikusumo
Jl. Lapangan Banteng Timur No. 2-4
Jakarta 10710
For the attention of: Director of Corporate Financial Valuation Real Sector
President Director
PT Bursa Efek Indonesia
Gedung Bursa Efek Indonesia, Tower I
Jl. Jend. Sudirman Kav. 52-53
Jakarta 12190
For the attention of: Director of Corporate Valuation
Re: Report of Material Information or Facts
Dear Sirs,
For and on behalf of PT Adaro Energy Tbk ("the Company"), we herewith submit a Report of Material Information or Facts as required by the Financial Services Authority regulation number 31/POJK.04/2015 concerning the Disclosure of the Information or Material Facts by Issuers or Public Companies, as follows:
Name of the issuer or public company:
PT Adaro Energy Tbk.
Business sector:
Mining and Energy
Telephone:
+62 21 2553 3000
Facsimile:
+62 21 5794 4709
E-mail address:
corsec@adaro.com
1.
Date of event
April 23, 2021
2.
Type of material information or facts
PT Adaro Indonesia's Loan Facility
Agreement
3.
Description of material information or facts
On April 23, 2021, PT Adaro Indonesia ("AI"), a
company of which 88.5% of the shares are
indirectly owned by the Company, signed a Loan
Facility Agreement ("Loan Facility") in the
amount of USD400,000,000 (four hundred million
United States Dollars) with a group of banks. The
proceeds from this Loan Facility will be used to
make early repayments of all AI's outstanding
loans under the Loan Facility Agreement of
August
25,
2014
amounting
to
USD1,000,000,000 (one billion United States
Dollars).
This Loan Facility will be paid quarterly and will
be mature on April 23, 2026 (5 (five) years after
the date of AI's Loan Facility Agreement). The
Company provides full guarantee for AI with
regard to this Loan Facility ("Guarantee").
4.
The impact of the material event, information
The Loan Facility will have positive impact to the
PT Adaro Energy Tbk published this content on 27 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2021 15:46:09 UTC.
PT Adaro Energy Indonesia Tbk is engaged in mining, quarrying, mining support services, trading, transportation, warehousing and transportation support services, cargo handling (stevedoring), sea-port service activities, agriculture, construction, repair and installation of machines, power supply, water treatment, and forestry and industry. The Companyâs businesses include mining, services, power, logistics, land, water, capital, and foundation. The Company, through its subsidiary, PT Adaro Indonesia (AI), is involved in coal mining operations and produces its flagship thermal coal product, Envirocoal, a sub-bituminous coal with medium calorific value (CV) and ultra-low pollutant content. Its PT Saptaindra Sejati (SIS), provides a range of services for the coal mining industry, which covers many aspects from contract mining services, civil works, and infrastructure development to land logistics. Its PT Indonesia Bulk Terminal provides services for coal and fuel handling.