Press Metal

Press Metal - Islamic Loan

Borrower (s)
Press Metal
Industry
Metals and Mining/Ores & alloys
Area of finance
Commodity Trade Finance
Region
Asia Pacific
Countries
Malaysia

Deal Overview

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.

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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.

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Deal Volume
$300m
Financial Close
25 March 2020
Sources

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