Insight

TPIA Projects 5x Revenue Growth, Subsidiary Seeks $1bn Loan

market-avatar

Algo Research Team

Company | Jan 29, 2025 | Views: 2701

The content provided here is for informational purpose only. It is not an advise or recommendation. Please do your own research.
content-img

Key Summary:

  • TPIA projects 5x revenue increase in 2024-26 from recent asset acquisition
  • This is expected to come from CAPGC with estimated annual revenue of $8bn
  • TPIA's share price has surged by +5,139% in the past decade

The latest asset acquisition by Chandra Asri Pacific (TPIA) is expected to increase its revenue by 5x in 2024-2026. Separately, Bloomberg reported that Aster Chemicals & Energy, a subsidiary of a joint venture between TPIA and Glencore is potentially seeking a $1bn loan.


What’s the news? DBS Bank and OCBC are the lead arrangers for the $1bn (IDR16.2tn) sustainability-linked syndicated loan facility, which is targeted to have an average maturity of 6.3 years.

How was our research?

DISCLAIMER: Algo is an independent research platform and is not affiliated with any financial institution. We are not a licensed securities dealer, financial advisor, broker, or investment bank. The contents shared across our website, and social media platforms are intended for informational purposes only and reflect our views and opinions. It is not meant to be construed as financial advice and/or a recommendation to buy or sell an asset. Past performance does not guarantee future results. As a research platform, our contents are made to provide data-driven information and research-based articles, and should not be used as a basis for making any investment decisions. We strongly encourage you to conduct your own research and consult with a licensed financial advisor before making any investment decisions. Algo is not regulated by OJK (Otoritas Jasa Keuangan) and does not provide any investment services. We are not responsible for any financial decisions you make based on the information provided. All content is presented with the intent of informing only.