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Galva Technologies projects that it will pay off its debt in 2H 2020

11 June 2020 06:13

JAKARTA - PT Galva Technologies Tbk (GLVA) projects that it will pay its foreign currency debt of US$ 2.54 million in stages in the second half of 2020. The debt came from banks (US$ 1.99 million) and other parties (US$ 546,881 and EUR 19,718).

As quoted from the company's disclosure published on Wednesday (10/6), Mari Fransiska, Finance Director of PT Galva Technologies Tbk (GLVA) said that the company will make payments every month until the end of this year.

The first payment will be made in June 2020 (US$ 546,881 and EUR 19,718), July 2020 (US$ 861,475), August 2020 (US$ 923,202), and September 2020 (US$ 211,673). (LK/AR)

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