Indonesian PPP player secures syndicated sustainability-linked facility

The $700 million loan secured by PT SMI signals a growing market for sustainable infrastructure development, as banks seek to support Indonesia’s transition to net zero.

PT Sarana Multi Infrastruktur (PT SMI), a dedicated infrastructure entity under the jurisdiction of Indonesia’s Ministry of Finance, announced recent success in obtaining a $700 million sustainability-linked syndicated term loan facility. The firm serves as a financing vehicle for the development of nationally significant infrastructure projects, through public-private partnerships (PPPs).

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