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

Delta Dunia Group’s Nine Months 2023 Results Mark a Transformative Shift Towards Diversified Revenue Streams

01 Nov 2023

Delta Dunia Group Attains Second-Highest Global Standing in Coal Sub-Industry, a Testament of Its Strong Commitment to ESG

28 Aug 2023

Jakarta, August 28, 2023 – PT Delta Dunia Makmur Tbk (Delta Dunia Group) proudly announces a significant milestone in its ongoing commitment to sustainability. The company has secured an outstanding position as the second-highest performer in the global coal sub-industry, as assessed by Sustainalytics ESG Risk Rating. This noteworthy recognition by the respected environmental, social, and governance (ESG) risk rating agency Morningstar Sustainalytics underscores Delta Dunia’s unwavering commitment to responsible business practices and diverse ESG factors.

In its latest assessment by Sustainalytics, Delta Dunia Group has achieved remarkable progress in its ESG Risk Rating, improving from 42.4 in December 2022 to an impressive 32.7 in July 2023, marking a 10-point (or 25%) increase. This commendable achievement is also reflected in the company’s ESG Risk Management score, which has risen from 47.4 in 2022 to a noteworthy 56.1 in 2023. These milestones clearly demonstrate the company’s focus on ESG, encompassing the formulation of sound policies to their effective execution.

Furthermore, Delta Dunia Group’s approach to carbon emissions mitigation has enabled the transition from a high-risk in carbon management to a medium-risk classification. A pivotal indication of this success is the company’s Carbon Intensity Trend score of 75. This metric underscores Delta Dunia Group’s significant strides in reducing its carbon intensity compared to its historical average over the past three years.

Dian Andyasuri, Director of PT Delta Dunia Makmur Tbk, emphasized, “Sustainalytics’ latest ESG Risk Rating underscores Delta Dunia Group’s comprehensive integration of ESG across all aspects of our operations. This remarkable progress is a testament to our team’s dedicated efforts and the company’s resolute commitment to implementing ESG initiatives. These include adhering to the Global Reporting Initiative’s (GRI) best practices for ESG reporting, Board of Directors’ oversight of sustainable practices, and the implementation of robust policies to curtail greenhouse gas emissions.”

In addition to the Delta Dunia Group, the Sustainalytics’ ESG rating includes 74 other global companies within the coal sub-industry. The new ESG Risk Rating not only places Delta Dunia Group as the second-highest ESG-rated energy company within Sustainalytics’ global coal sector but also positions it within the top 15 percent of the 301 companies in Sustainalytics’ global oil and gas industry.

Dian further underscored that the company’s ISO 45001 certification for occupational health and safety management reflects its earnest commitment to ensure high safety standards in its operations. The company’s noteworthy achievement of zero workplace fatalities over three consecutive years reinforces its dedication to these commitments.

“Our second-place ranking in Sustainalytics’ global coal sector underscores ESG as a core strength, and we are committed to maintaining and enhancing this performance. We also believe that the effective implementation of ESG within our mining operations will support our customers in upholding their own ESG commitments and accomplishments. As we move forward, Delta Dunia Group will persist in seamlessly integrating and embedding ESG principles into our daily operations, as well as our medium and long-term strategies. We will continue to advance our environmental sustainability program, explore opportunities to expedite our range of community-building initiatives to impact more lives, and diligently uphold our governance practices. We hold confidence that our stakeholders, including ESG rating agencies, will continue to acknowledge and appreciate our efforts,” concluded Dian.

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About PT Delta Dunia Makmur Tbk.
PT Delta Dunia Makmur Tbk. was founded in 1990, and through its principal subsidiary, PT Bukit Makmur Utama (BUMA), is a leading coal mining services contractor in Indonesia and Australia, providing mining services to some of the largest coal producers in both countries. PT Delta Dunia Makmur Tbk. is listed on the board of the Indonesia Stock Exchange (IDX Code: DOID). DOID is headquartered in Jakarta, Indonesia.

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

20 Feb 2020

17 Sep 2018