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10-06-2021

Chandra Asri and Bank Mandiri Sign Credit Facility of IDR5 Trillion-equivalent

In strengthening the national petrochemical industry, on 11 June 2021, PT Chandra Asri Petrochemical Tbk partnered with PT Bank Mandiri (Persero) Tbk (Bank Mandiri), to sign a new term loan and account receivables financing facility agreement with a total equivalent value of IDR5 trillion. This financing will be used to finance the company's daily operations and support Chandra Asri's working capital requirements. This partnership with Bank Mandiri demonstrates public confidence in Chandra Asri's solid financial profile. Certainly, innovation and collaboration will continue to be carried out with the best partners to provide superior performance for Indonesia.

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