Security Structure Overview
| Document Owner | PT Sapta Borneo Utama |
|---|---|
| Approved By | President Director |
| Classification | Controlled Document – Confidential |
| Custodian | Corporate Secretary & Data Room Administrator |
| Retention Period | Minimum 10 Years |
| Distribution | Authorized Parties Only |
| Effective Date | 13 June 2026 |
| Review Date | 13 June 2027 |
| Security Document | Purpose |
| Project Asset Security | Security over project assets and facilities |
| Assignment of Receivables | Assignment of project revenues |
| Account Control Agreement | Control of project accounts |
| Insurance Assignment | Assignment of insurance proceeds |
| Sponsor Support Undertaking | Project support obligations |
| Document Status | Approved & Active |
| Supersedes | None |
| Publication Status | Institutional Data Room Release |
Account Security Package
| Account | Security Interest |
|---|---|
| Revenue Account | Assigned |
| Operating Account | Controlled |
| Debt Service Account | Controlled |
| DSRA | Pledged |
| Maintenance Reserve | Pledged |
Lender Protections
- Senior secured creditor position
- Cash waterfall enforcement rights
- Step-in rights under financing agreements
- Assignment of key project contracts
- Security over project cash flows
- Default enforcement mechanisms
Security Package Conclusion
The security package is designed to provide lenders with customary project finance protections through contractual, cash flow and asset-based security arrangements.
Document Information
| Controlled Copy | Electronic Controlled Copy |
|---|---|
| Custodian | Corporate Secretary & Data Room Administrator |
| Retention Period | Minimum 10 Years |
| Distribution | Authorized Parties Only |
| Document Owner | PT Sapta Borneo Utama |
| Project | USD 1 Billion Integrated Sugar Factory Project |
| Location | Majalengka, West Java, Indonesia |
| Classification | Confidential |
| Status | Final / Published |
| Prepared For | Lenders, ECAs, Institutional Investors and Strategic Partners |
| Date | June 2026 |
Revision History
| Version | Date | Document No. | Status | Description |
|---|---|---|---|---|
| 1.0 | June 2026 | SBU-LEGAL-004 | Final / Published | Security Documents Summary issued for institutional lender data room publication. |
Document Approval Matrix
| Role | Name | Status |
|---|---|---|
| Document Owner | Project Finance Division | Approved |
| Compliance Review | Corporate Secretariat | Approved |
| Executive Approval | Board of Directors | Approved |