Transcoal Pacific Subsidiary Secures Rp114.2 Billion Credit Facility from State-Owned Bank
PT Transcoal Pacific Tbk (IDX: TCPI) is strengthening its funding capacity through its subsidiary, PT Energy Transporter Indonesia (ETI), which has obtained an investment credit facility worth a maximum of Rp114.2 billion from a government-owned bank.
The facility took effect on 16 July 2026 and is expected to underpin the company’s operational development.
According to a disclosure to the Indonesia Stock Exchange (IDX), the financing was provided in the form of a single investment credit facility with a maximum value of Rp114.2 billion.
The company stated that all terms and conditions of the financing have been set out in a credit agreement signed between ETI and the bank.
Director of PT Transcoal Pacific Tbk, Bintang Septo Drestanto, said the credit facility forms part of the company’s efforts to strengthen its business foundations while supporting the investment needs of its subsidiary.
“PT Energy Transporter Indonesia has signed a credit facility under a credit agreement with one of the government/state-owned banks, effective since 16 July 2026,” Bintang Septo Drestanto said in the company’s information disclosure on Friday (17/7/2026).
According to the company, the financing will have a positive impact on operations as it strengthens investment funding support needed for business development.
TCPI also affirmed that the transaction is not an affiliated-party transaction, as there is no affiliation between the company and the bank providing the credit facility. The funding source is one of the government or state-owned banks.
The company assessed that the investment credit facility will enhance ETI’s operational capabilities as the subsidiary supporting Transcoal Pacific’s shipping and logistics business, while supporting the group’s long-term growth strategy.
In the disclosure, Bintang Septo Drestanto further affirmed that the investment credit facility is expected to have a positive impact on the company’s operations, in line with the business development needs currently underway.