JAKARTA. PT Rolimex Kimia Nusantara (RKN), a subsidiary of PT Dian Swastatika Sentosa Tbk (DSSA), has secured a loan facility worth IDR 916.4 billion from PT Bank Central Asia Tbk (BBCA) or BCA. 

On January 11, 2023, RKN signed an addendum of the facility agreement with BCA. With this addendum signed, RKN is granted an extension of the term or tenor of the loan.

There are three types of facilities obtained by RKN. They include a revolving time loan, a multi-facility credit, and an investment credit. The revolving time loan clocks up to USD 10 million, while the multi-facility credit reaches USD 50 million. Lastly, the investment credit amounts to IDR 8.4 billion.

"These facilities will be utilised to promote RKN's business activities," Susan Chandra, Corporate Secretary of DSSA, mentioned in the information disclosure.

Based on IDNFinancials data, RKN is a company engaged in the fertiliser and chemical ingredients sales since 1989. Until the first half of 2022, DSSA was still listed as the owner of 99.504% of RKN's shares. RKN's assets are said to amount to USD 68.77 million. (KR/ZH)