Energi Mega Provides Significant Loan to Subsidiary for Debt Settlement

Transaction Details

PT Energi Mega Persada Tbk (ENRG), an Indonesian energy company, has announced a significant financial transaction involving a loan to its subsidiary, PT Bangun Sarana Samudra Laut (BSSL). The company provided a Rp 105.14 billion loan to BSSL on January 8, 2026, as disclosed in the information release to the Indonesia Stock Exchange.

Loan Terms and Conditions

The loan agreement includes a 5-year maturity period from the date of signing. The interest rate is benchmarked against the Series C bond rate from ENRG's Public Offering I Stage I in 2025. This financial arrangement demonstrates ENRG's strategic support for its subsidiary's financial obligations.

Purpose of the Loan

According to the official disclosure, the primary purpose of this loan is to enable BSSL to repay its existing debt to Bank Mandiri. The funds will cover both the principal amount and accrued interest, effectively restructuring BSSL's liabilities.

Business Implications

This transaction highlights ENRG's commitment to supporting its subsidiaries' financial health and maintaining a stable financial structure within its group. By providing this loan, ENRG is helping BSSL manage its debt obligations more effectively, potentially improving the overall financial performance of the group.

Financial Analysis

The loan amount of Rp 105.14 billion represents a significant financial commitment from ENRG to its subsidiary. This transaction not only demonstrates the parent company's financial support but also indicates the importance of BSSL within ENRG's overall business structure. The 5-year term provides BSSL with sufficient time to manage its cash flows and work towards becoming financially more stable.