Jambaran-Tiung-Biru Indonesia

Pertamina EP Cepu /Jambaran-Tiung-Biru (JTB) - Dual Tranche Financing

Industry
Oil & gas/Gas - Upstream (Exploration and production)
Area of finance
Project & Infrastructure Finance
Country
Indonesia

Deal Overview

State-owned Pertamina EP Cepu (PEPC) has raised $1.846 billion of 10- and 15-year debt from a consortium of 12 banks to finance the Jambaran-Tiung Biru project (JTB) in Indonesia.


Deal Volume
$ 1.85bn
Financial Close
05 August 2019
Sources
TXF article, TXF article, Submitted by participant(s)

All Dealmakers

Tranches


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Projects

Jambaran-Tiung-Biru (JTB) gas field unitisation project

Greenfield
Gas - Upstream (Exploration and production)
Indonesia
$ 4.6bn