Malaysian-based aluminium company Press Metal has closed a dual-tranche Islamic financing to partially back its acquisition of Bintan Alumina Indonesia (BAI). Press Metal’s agreed to acquire a 20% stake in BAI in November 2019.
Malaysian-based aluminium company Press Metal has closed a dual-tranche Islamic financing to partially back its acquisition of Bintan Alumina Indonesia (BAI). Press Metal’s agreed to acquire a 20% stake in BAI in November 2019.