Wijaya Karya Obtains Rp1 Trillion Loan Facility from Bank Tabungan Negara
Jakarta - PT Wijaya Karya Tbk (WIKA) obtained a corporate line facility from PT Bank Tabungan Negara Tbk worth Rp1 trillion.
This facility consists of a cash loan of Rp850 billion and a non-cash loan of Rp150 billion.
"The transaction is carried out at the time of withdrawing the financing facility, which first signed a cooperation agreement on October 29, 2021," said WIKA Corporate Secretary Mahendra Vijaya in information disclosure on Wednesday (3/11).
Mahendra explained that the company carried out this financing facility for working capital financing to carry out or complete the construction or work of several of the company's infrastructure projects.