BUMA Secures Its First Syndicated Sharia Financing Facility Worth USD 60 Million

- 25 September 2023

PT Bukit Makmur Mandiri Utama (BUMA), a subsidiary of PT Delta Dunia Makmur Tbk. (Delta Dunia Group) announced its first-ever syndicated Sharia financing in the history of the company with a total financing facility value USD 60 million, equivalent to IDR 920 billion. In This Financing Facility, PT Bank Muamalat Indonesia Tbk. is participating with an amount of USD 50 million and simultaneously serving as the Mandated Lead Arranger (MLA),facility agent,and guarantee agent.This financing will run for a duration Of five years unti l2028.

The signing of the cooperation agreement was carried out by Nanang Rizal Achyar, Director of BUMA and Irvan Y. Noor, SEV PE nterprise Banking of Bank Muamalat, witnessed by Indra Falatehan, President Director of Bank Muamalat, Dian Andyasuri, Director of DeltaDunia Group and Iwan Fuad Salim, Group Deputy Director Finance& Investor Relations at Delta Dunia Group at South Quarter Tower, West Cilandak, Jakarta.