PT Tower Bersama Infrastructure Tbk Announces New Unsecured Credit Facilities

JAKARTA, 25 November 2014 - PT Tower Bersama Infrastructure, Tbk. ("TBIG") today announced the completion of the refinancing of its existing bank facilities with a US$1 billion Unsecured Term and Revolving Credit Facilities and an additional US$300 million Unsecured Revolving Credit Facility.

The US$1 billion Unsecured Term and Revolving Credit Facilities have tenors of 1 to 5 years, and interest ranging from LIBOR+150bps to LIBOR+200bps per annum.

The banks in the lending consortium are the Australia and New Zealand Banking Group, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, CIMB Bank Berhad, CTBC Bank Co. Ltd., Credit Agricole, DBS Bank, Hongkong Shanghai Banking Corporation, Oversea-China Banking Corporation, Sumitomo Mitsui Banking Corporation, and United Overseas Bank.

“We have been able to successfully refinance our existing bank facilities at competitive rates on an unsecured basis.  Our relationship banks have demonstrated their continued commitment and support of our business.  We consider them to be important partners as we continue to grow organically and through acquisitions.” said Hardi Wijaya Liong, CEO of TBIG.

About PT Tower Bersama Infrastructure Tbk:
PT Tower Bersama Infrastructure Tbk (“TBIG”), is a provider of telecommunications infrastructure for the placement of BTS by telecommunications operators in Indonesia. TBIG is publicly listed on the Indonesian Stock Exchange and is majority owned by Saratoga Group and Provident Capital. 

For more information contact:

Corporate Secretary:
Helmy Yusman Santoso – Tower Bersama Group
Phone: (62-21) 571 1946
Email: corporate.secretary@tower-bersama.com 

Investor Relations:
Email: investor.relations@tower-bersama.com