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Krakatau Steel secures IDR 130.74 billion from fixed-asset utilization deal with Cabot Indonesia
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Krakatau Steel secures IDR 130.74 billion from fixed-asset utilization deal with Cabot Indonesia
  • Krakatau Steel agreed to let Cabot Indonesia use about 60,000 square meters of its land in Cilegon.
  • The deal values the fixed-asset utilization at IDR 130.74 billion, structured as cash compensation from Cabot.
  • Proceeds will support restructuring obligations under the company’s restructured credit agreement, also funding operations.
  • The transaction date was Sept. 30, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Krakatau Steel (Persero) Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32163824) on October 06, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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