JAKARTA – PT Indoritel Makmur Internasional Tbk (DNET), an entity under Salim Group, announced that its subsidiary, PT Mega Akses Persada (MAP), has received financing facility from PT Bank Mandiri (Persero) Tbk (BMRI) and PT Bank Syariah Indonesia Tbk (BRIS) or BSI.

“MAP signed a financing facility with Bank Mandiri and BSI on January 20, 2025. Total credit limit is split into Tranche A of IDR 2.75 trillion, Tranche B of IDR 1.5 trillion, and Tranche C of IDR 1.65 trillion,” said Kiki Yanto Gunawan, Corporate Secretary of DNET.

Moreover, Gunawan detailed the credit allocation. Tranche A will be used for refinancing equipment of fibre optic network. Meanwhile, Tranche B will be utilised as capital expenditure (capex) of 2025-2026, while Tranche C will be allocated to capex budget for 2026-2027.

In addition, Gunawan confirmed that this financing facility is categorised as non-revolving loan, with a maximum term of 13 years since the signing date, including its availability period. Said financing facility will be charged with an annual fixed interest rate of 7.50%.

“However, this facility agreement does not pose any material impact on the parent company’s financial condition, excluding the obligation to pay facility interest and principal regularly,” Gunawan mentioned.

For further information, PT Indoritel Makmur Internasional Tbk used to be known as PT Dyviacom Intrabumi. It was established circa November 16, 1995, as the internet service provider under “DNET” trademark.

In 2013, Salim Group entered the company through putting in capital investment, which is then used to invest in Indomaret, PT Nippon Indosari Corpindo Tbk or Sari Roti, and KFC PT Fast Food Indonesia Tbk (FAST) or KFC. (DK/ZH)