News
25 March 2020

Press Metal closes $300m facility for stake in BAI

In:
Metals and Mining
Region:
Asia-Pacific

Malaysian-based aluminium company Press Metal has closed a $300 million 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 for $80 million in November 2019.The deal comprises a $30 million...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
23 January 2026

Exile Group partners with Bridgepoint to support next level...

Exile Group welcomes Bridgepoint, a leading mid-market investor, which will take a minority interest in the leading provider of events and intelligence for the export, trade,...

Perspective
26 January 2026

Venezuela: Not yet bankable or investable

The Trump administration’s capture of Nicolás Maduro was in part designed to create opportunities for US players in Venezuela’s oil sector. But both the short-term and...