Soechi Lines backs $54.9M Bank Mandiri loan to shipping subsidiary EOM
What's the deal? Indonesia's PT Soechi LinesDealroom has a profile for this one. Try Dealroom → (SOCI) signed a $54.9 million corporate guarantee with Bank MandiriDealroom has a profile for this one. Try Dealroom → on August 24, 2026, to support a term loan of the same amount extended to its wholly owned subsidiary, Eternity Ocean Maritime LtdDealroom has a profile for this one. Try Dealroom → (EOM).
How it's structured: The guarantee comes in two parts — a corporate guarantee covering repayment default and a cash deficit guarantee covering potential shortfalls in operating cash. Together they secure all obligations arising from EOM's use of the loan facility.
Why now? SOCI owns 100% of EOM, and the guarantee lets the subsidiary draw funds from Bank Mandiri without seeking outside financing. The parent's backing was designed to raise the bank's confidence to release the money.
What's the endgame? The financing gives EOM a stable funding base for daily operations and ongoing maritime projects, letting it continue without financial disruption.
The signal: The deal shows how listed Indonesian shipping groups use parent-level guarantees to channel bank debt to subsidiaries — an internal financing route that strengthens operational footing while keeping the borrowing within the corporate family.
Read more: indopremier.com
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