WINS to grant another corporate guarantee worth USD 3.3 million for subsidiary
2024-11-11 21:46:28
JAKARTA. PT Wintermar Offshore Tbk (WINS) is once again giving corporate guarantee for one of its subsidiaries, PT Winpan Offshore.
Said guarantee is a prerequisite that must be met by Winpan Offshore in order to obtain the facility from PT Bank Central Asia Tbk (BBCA). The facility in question is equal to USD 6.48 million.
Meanwhile, the value of the guarantee given by WINS to Winpan Offshore is USD 3.3 million.
According to IDNFinancials data, WINS had previously submitted another guarantee for a banking facility received by another one of its subsidiaries, PT Wintermar, in August. Said corporate guarantee value was set to USD 10 million. (KR/ZH)