TCPI Subsidiary Secures Rp114 Billion Credit Facility
PT Energy Transporter Indonesia, a subsidiary of PT Transcoal Pacific Tbk (TCPI), has obtained an investment credit facility with a maximum value of Rp114.2 billion from a government bank / state-owned enterprise (BUMN). The facility took effect on 16 July 2026 under a credit agreement signed by both parties.
The company explained that the financing facility consists of one investment credit facility with a maximum ceiling of Rp114.2 billion. The terms and conditions of the credit are set out in the agreement reached between the company and the bank.
In a disclosure on Thursday, Transcoal Pacific stated that the transaction is not an affiliated transaction, as there is no affiliation between the company and the bank providing the credit facility.
The company also said the investment credit facility will be used to finance the construction of two barge vessels and two tugboats, which is expected to have a positive impact on operational activities by strengthening financing support for the company’s business operations.