Indonesian Political, Business & Finance News

Cakra Buana Resources (CBRE) Receives US$45 Million Loan from Bank Mayapada

| | Source: INVESTASI.KONTAN.CO.ID Translated from Indonesian | Business
Cakra Buana Resources (CBRE) Receives US$45 Million Loan from Bank Mayapada
Image: INVESTASI.KONTAN.CO.ID

Jakarta. The maritime transport company PT Cakra Buana Resources Energi Tbk (CBRE) has recently received a credit facility worth US$45 million from PT Bank Maybank Indonesia Tbk. In its disclosure to the Indonesia Stock Exchange, quoted on Sunday (3/5/2026), CBRE borrowed this credit facility to pay off the purchase of the Gunanusa Hai Long 106 vessel. This is a pipe laying and lifting vessel that will be used by CBRE to expand its business into the offshore sector. CBRE states that its company has no affiliation whatsoever with Bank Mayapada. The received credit is also assured not to have a negative impact on CBRE’s future performance. “This credit facility from Bank Maybank replaces the previously announced credit facility, with the aim of adjusting the payment term to the seller,” wrote CBRE Director & Corporate Secretary Amanda Octania in the BEI disclosure. The repayment of the credit with Bank Mayapada is set to run for eight years from the contract signing. CBRE is optimistic that the settlement of the Gunanusa Hai Long 106 vessel purchase can provide a positive contribution to the company’s revenue and performance in the future.

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