CREDIT AGREEMENT

JAKARTA, 16/12 Minister of State BUMN Mustafa Abubakar with President Director of PT Asset Manager (Persero)/PPA Boyke W Mukijat (right) and President Director of PT PAL Indonesia Harsusanto (left) held the signing of the credit agreement at the Office of the Ministry of State of BUMN, Jakarta, Wednesday (16/12). The signing is in the framework of the implementation of the restructuring and or revitalization of PT PAL, where PT PPA will provide loans to PT PAL of US$ 25,6 million for the completion of the construction of 10 vessels and Rp 193,37 billion for corporate restructuring financing. ANTARA/Alex Heri/pd/09

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