u r p
r o
F Il
E o
u r
M E
SSA g
E S
o u
r B u
S In
E S
S
o u
r pE
o pl
E
o u
r g
o v
Ern A
n C
E o
ur C
o M
M un
IT IE
S o
u r I
n v
E S
T o
r S
o u
r F
In An
C E
S
1
DAro EnErgy 2013 AnnuAl rEporT
207
PT ADARO ENERGY Tbk AND SUBSIDIARIES Schedule 547
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2013 AND 2012
Expressed in thousands of
2
S Dollars, unless otherwise stated
21. LONG-TERM BANK LOANS continued
e. US380,000 Facility Agreement continued
In accordance with the loan agreement, Adaro is required to maintain certain financial ratios, with which Adaro was in compliance as at 31 December 2013. Adaro is also required to comply with certain terms and conditions with
regard to its Articles of Association, the nature of the business, dividends, corporate actions, financing activities and other matters. Adaro is in compliance with the related terms and conditions.
f. US160,000 Facilities Agreement
On 29 May 2012, MBP, as the Borrower, entered into a syndicated loan facility agreement with several banks, which consisted of The Hongkong and Shanghai Banking Corporation Limited Jakarta branch, Oversea-Chinese Banking
Corporation Limited, The Bank of Tokyo-Mitsubishi UFJ Ltd Jakarta branch, DBS Bank Ltd, Sumitomo Mitsui Banking Corporation, Mizuho Corporate Bank Ltd, CIMB Bank Berhad Singapore branch, PT Bank ANZ Indonesia
and Standard Chartered Bank as Mandated Lead Arrangers, Chinatrust Commercial Bank Co Ltd Singapore branch as Lead Arranger, Oversea-Chinese Banking Corporation Limited as Facility Agent and The Bank of Tokyo-
Mitsubishi UFJ Ltd Jakarta branch as Security Agent. These facilities consist of a term loan facility of US140,000 and a revolving loan facility of US20,000, with interest rates at LIBOR plus a certain percentage. These facilities
were used for refinancing the intra-group loans from the Company, capital expenditure and other general corporate purposes. The Company acts as the guarantor of this syndicated loan.
The term loan facility is payable quarterly with the first installment due on 19 August 2015. Both the term loan facility and the revolving loan facility have a maturity date of the seventh anniversary of the date of the loan
agreement.
The outstanding balance of the revolving loan facility was US5,000 and the outstanding balance of the term loan facility was US140,000, which is repayable according to the following schedule:
Payment schedule year Payment amount
2015 US12,000
2016 US24,000
2017 US28,000
2018 US36,000
2019 US40,000
US140,000 In accordance with the loan agreement, MBP is required to maintain certain financial ratios, with which MBP was in
compliance as at 31 December 2013. MBP is also required to comply with certain terms and conditions relating to its Articles of Association, the nature of the business, dividends, corporate actions, financing activities and other
matters. MBP is in compliance with the related terms and conditions.
g. PT Bank OCBC NISP Tbk
