Jakarta - PT Sarana Menara Nusantara Tbk (TOWR) business entity, PT Professional Telekomunikasi Indonesia (Protelindo) obtained loan facilities from seven banks worth Rp14 trillion.

"Protelindo will use this loan to finance the company's general needs, including for potential acquisitions by the company," said TOWR Corporate Secretary Irfan Ghazali in information disclosure on the IDX on Tuesday (21/9).

The loan facilities include PT Bank Negara Indonesia Tbk worth Rp 3 trillion, PT Bank BTPN Tbk Rp 2 trillion, PT Bank CIMB Niaga Tbk Rp 1 trillion, PT Bank Mandiri  Tbk Rp 2 trillion, PT Bank Mizuho Indonesia Rp 2 trillion, PT Bank HSBC Indonesia Rp1 trillion and MUFG Bank Ltd Jakarta Branch Rp3 trillion.

The PT Iforte Solusi Infotek (Iforte) guarantees a credit facility. Iforte Solusi is a TOWR entity.

In addition, Protelindo also changed its revolving loan of Rp500 billion with PT Bank Maybank Indonesia to Rp1 trillion, and