BUMA Secures USD 750 Million Syndicated Financing Facility with BNI

03 Jan 2024

Jakarta, January 2, 2024 – PT Bukit Makmur Mandiri Utama (BUMA), a subsidiary of PT Delta Dunia Makmur Tbk. (Delta Dunia Group), announced an underwritten financing facility of USD 750 million from PT Bank Negara Indonesia (Persero) Tbk. (BNI). The facility is set for a duration of 69 months, concluding in 2029.

The facility plays a strategic role in BUMA’s financial management, enabling refinancing efforts and supporting growth initiatives. Furthermore, it empowers BUMA to uphold its trajectory of growth and operational excellence by providing the capital required to advance key projects and pursue potential acquisitions, all in alignment with its strategic objectives.

Indra Kanoena, President Director of BUMA, commented, “This financing demonstrates BNI’s trust in our strong market position and strategic acquisition capabilities. We are grateful for this partnership, which offers competitive terms and underscores our status as a key international mining contractor. The facility will be strategically utilized to enhance our corporate operations and drive our growth plans, contributing significantly to our ongoing commitment to operational excellence and sustainable growth.”

Ditya Maharhani Harninda, Senior Vice President Corporate Banking 2 BNI, stated, “Our collaboration with BUMA, a significant player in the Indonesian and Australian mining sectors, is highly valued. This partnership aligns with our strategy to support prominent corporates like BUMA, recognized not only for their industry leadership but also for their commitment to deliver on Environmental, Social, and Governance (ESG) practices. This financing facility is a reinforcement of our portfolio in the segment and a testament to our commitment to fostering operations that prioritize sustainable and responsible business practices.”

As BUMA celebrates its 25th anniversary, this facility marks a significant milestone, reinforcing its commitment to stakeholders, society, and the environment. “Looking ahead, we are excited to continue our journey of growth, driving industry advancements, and positively impacting the communities we serve. We are grateful for the support from our financial partners of Bank Mandiri, BNI, Bank Muamalat, JTrust Bank, and Indonesia Eximbank, along with the global and IDR bondholders and leasing companies , all contributing to BUMA’s journey,” concluded Indra.

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About PT Delta Dunia Makmur Tbk (Delta Dunia Group):
Established in 1990, PT Delta Dunia Makmur Tbk (Delta Dunia Group) is a prominent holding company operating in Indonesia and Australia. Our principal subsidiary, PT Bukit Makmur Utama (BUMA), is a leading provider of mining services to some of the largest coal producers in Indonesia and Australia (BUMA Australia Pty Ltd).

In 2023, Delta Dunia Group expanded its portfolio with the addition of two new subsidiaries: PT Bukit Teknologi Digital (B-TECH), offering comprehensive mining technology solutions that empower companies within the mining industry, and PT BISA Ruang Nuswantara (BIRU), a social entity dedicated to education, vocational schools, and fostering a circular economy.

Listed on the Indonesia Stock Exchange (IDX Code: DOID), Delta Dunia Group is headquartered in Jakarta, Indonesia, and is supported by a workforce of over 16,000 employees across Indonesia and Australia.

For further information, please contact:
PT Delta Dunia Makmur Tbk.
Corporate Communications
South Quarter Tower A, Penthouse Floor
Jl R.A. Kartini Kav. 8, Cilandak Barat Jakarta 12430
Phone: +6221 3043 2080
Email: communications@deltadunia.com
Website: www.deltadunia.com