Jakarta - PT Aneka Tambang Tbk (ANTM) has a bank loan facility of up to Rp2.1 trillion, which will be used to pay the Rp2.1 trillion continuous bond I in 2011 will mature on December 14, 2021.

This was revealed in the publication of Antam's rating by Pefindo on Tuesday (14/9). As of March 31, 2021, Antam's cash and cash equivalents stood at Rp5.3 trillion. Pefindo has reaffirmed its 'A' rating for Antam, with the outlook for the company being stable.

The ratings reflect ANTM's sizeable resources and reserves, strong position in the industry supported by diversified mining products, and vertically integrated operations. However, the ratings are constrained by its moderate financial profile and exposure to fluctuations in commodity prices.

Pefindo could raise the rating if ANTM can monetize its business integration and expansion by generating strong EBITDA and profitability and raising its financial profile to conservative. Pefindo cou