JAKARTA - PT Tunas Baru Lampung Tbk (TBLA) stated its readiness to make the sixth payment of the interest of its Shelf Registration Bonds phase 1/2018. The due date of the sixth interest payment is 30 September 2019.
As quoted from the disclosure of company information, Sudarmo Tasmin, Vice President Director of PT Tunas Baru Lampung Tbk (TBLA) said that the fund for the payment will be transferred to KSEI as payment agent on 27 September 2019. "We will forward the copy of the fund's transfer slip to PT BTN (Persero) as trustee," he said.
On 27 February 2019, the company offered its Shelf Registration Bonds phase 1/2019 with a target of obtaining Rp 1 trillion. Fitch Ratings gave the bonds an "A+" rating. The underwriters are PT Mandiri Sekuritas and PT Maybank Kim Eng Securities.
Funds from the issuance of Bonds I phase I 2019 are used, among others, to repay the principal of the company's debt to PT Bank Maybank Indonesia Tbk (BNII) and PT CIMB Niaga Tbk (BNGA) (Rp 420 billion each), pay some of its debt to PT Bank OCBC NISP Tbk (Rp. 90 million) and PT BRI (Persero) Tbk (BBRI) (Rp 60 million). (LK/AR)