Energy Mining Companies Eye Bank Loans Ahead of Year-End

As the year approaches, several companies from the energy and mining sector are reportedly racing to secure funds from bank loans to meet their operational needs.

Bisnis, JAKARTA — Several companies are seeking to fill up their year-end coffers through bank loans, with the latest of which, PT Petrindo Jaya Kreasi (CUAN) and PT Barito Pacific (BRPT)—both affiliated with Prajogo Pangestu—securing loans worth more than IDR 3 trillion earlier this month.

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