Key insights and market outlook
PT Soho Global Health Tbk (SOHO) has extended its credit facility with PT Bank Negara Indonesia Tbk (BBNI), securing a maximum loan of Rp750 billion. The facility includes Rp600 billion in non-revolving credit and Rp150 billion revolving credit for working capital needs. This financial arrangement involves SOHO and its subsidiaries, PT Soho Industri Pharmasi and PT Parit Padang Global.
PT Soho Global Health Tbk (SOHO), a prominent player in Indonesia's healthcare sector, has successfully extended its credit facility with PT Bank Negara Indonesia Tbk (BBNI), one of the country's leading state-owned banks. The agreement secures a maximum credit line of Rp750 billion, demonstrating strong financial backing for SOHO's operational needs.
The credit facility is structured into two main components: Rp600 billion in non-revolving credit facilities and Rp150 billion in revolving credit for working capital. This financial arrangement is designed to support SOHO's business operations, particularly through its subsidiaries PT Soho Industri Pharmasi and PT Parit Padang Global. The credit extension reflects BNI's confidence in SOHO's financial stability and growth potential.
This significant credit facility extension will likely enhance SOHO's liquidity position and support its working capital requirements. The additional financial resources will enable the company to maintain its operational momentum while pursuing strategic business initiatives. The partnership between SOHO and BNI highlights the growing collaboration between Indonesia's corporate sector and its banking industry.
Credit Facility Extension
Banking Partnership Agreement