BRI Leads Historic Rp5.2 Trillion Syndicated Financing for SSMS

Strategic Support for Palm Oil Expansion

PT Bank Rakyat Indonesia (BRI) has successfully facilitated a Rp5.2 trillion syndicated financing for PT Sawit Sumbermas Sarana Tbk (SSMS), one of Indonesia's prominent palm oil companies ¹

. This significant financial backing demonstrates BRI's commitment to supporting the country's agribusiness sector and national economic development.

Comprehensive Financial Solution

The financing arrangement, in which BRI acted as Original Mandated Lead Arranger & Bookrunner and Facility Agent, represents a comprehensive financial solution for SSMS's business expansion and strategic acquisitions ¹

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Source 2

https://finansial.bisnis.com/read/20251119/90/1930078/sawit-sumbermas-sarana-ssms-tarik-kredit-dari-bri-rp52-triliun

. The syndication involved participation from multiple Indonesian financial institutions, including BNI, Bank Syariah Indonesia, LPEI, Bank Woori Saudara, Maybank Indonesia, KB Bank Indonesia, and Allo Bank ¹

Source 1

https://finance.detik.com/moneter/d-8218631/bri-fasilitasi-sindikasi-pembiayaan-pt-sawit-sumbermas-sarana-rp-5-2-t

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Supporting National Development Agenda

BRI's Vice President Director, Agus Noorsanto, emphasized that this financing supports the government's Asta Cita agenda, particularly in promoting downstreaming and industrialization of the palm oil sector ¹

. The funding will enable SSMS to strengthen its business scale through strategic acquisitions, such as the planned acquisition of PT Sawit Mandiri Lestari (SML), which controls 11,046 hectares of land ¹

Source 1

https://finance.detik.com/moneter/d-8218631/bri-fasilitasi-sindikasi-pembiayaan-pt-sawit-sumbermas-sarana-rp-5-2-t

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Strengthening Industry Position

SSMS's CEO, Jap Hartono, expressed appreciation for the banking support, stating that this corporate action represents a strategic step in strengthening the company's position in the palm oil industry ¹

. Currently, SSMS manages 23 plantations covering approximately 115,584 hectares and operates eight palm oil mills with a total processing capacity of 540 tons per hour ¹

Source 1

https://finance.detik.com/moneter/d-8218631/bri-fasilitasi-sindikasi-pembiayaan-pt-sawit-sumbermas-sarana-rp-5-2-t

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Economic Impact

This syndicated financing not only supports SSMS's business expansion but also contributes to the broader economic ecosystem. The deal demonstrates the banking sector's confidence in Indonesia's agribusiness potential and its role in driving national economic growth.