Chandra Asri Group Successfully Secures Oversubscribed USD800 Million Sustainability-Linked Syndicated Loan

PT Chandra Asri Pacific Tbk (Chandra Asri Group) has officially exercised the Greenshoe option under the US$600 million equivalent sustainability linked syndicated term loan facilities (“Facilities") signed in May 2024 to upsize the Facilities to US$800 million equivalent, following a positive response from the bank market and oversubscription to the Facilities. The Facilities provided by a number of banking partners across countries including Indonesia, Singapore, and Thailand. This agreement marks a greater and solid support from the banking industry, reaffirming Chandra Asri’s commitment to responsible business practices and environment stewardship which are expected to boost Company’s overall performance.

The loan is designated to foster and support environmentally and socially sustainable economic projects to support the Company’s growth, which will reinforce Chandra Asri Group's leadership in the chemical and infrastructure sectors. Through the integration of the financial strategies with sustainability objectives, Chandra Asri Group, as a committed growth partner, is confident to spearhead sustainable business practices.