Press Metal closes $300m facility for 20% stake in Bintan Alumina Indonesia

Press Metal closed a $300 million dual-tranche Islamic financing to partially back its acquisition of a 20% stake in Bintan Alumina Indonesia (BAI) for $80 million, agreed in November 2019.

“Press Metal has closed a $300 million dual-tranche Islamic financing to partially back its acquisition of Bintan Alumina Indonesia (BAI).”txfnews.com

• 1 source
• txfnews.comPress Metal closes $300m facility for stake in BAI - TXFAife HowseMar 25, 2020

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