JAKARTA. PT XL Axiata Tbk will use internal cash and bank loans to pay its Rp 2.65 trillion debt, which will mature in September 2020.
Head of Corporate Communication of XL Axiata Group Tri Wahyuningsih said that her party plans to use funds from internal cash and bank loans.
The funds will be used to pay the company's debt to The Bank of Tokyo Mitsubishi UPF, Ltd (Rp 2.65 trillion). Besides that, the company also has to pay off its Sukuk Ijarah I Phase I/2017, with a principal value of Rp 323 billion, which will due in December 2020.
According to Tri, aside from internal cash, her party will use a loan facility from Bank BCA worth Rp 1.5 trillion. (AM/AR)