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JLBS has used Rp 1.26 trillion of its bonds proceeds

14 July 2020 08:21

JAKARTA - PT Jakarta Lingkar Baratsatu, the manager of the Lingkar Barat toll road section, has spent Rp 1.26 trillion of the funds obtained from its bonds issued in 2018, which reached Rp 1.28 trillion.

This was conveyed by Trihadi Karnanto, Director of PT Jakarta Lingkar Baratsatu in the company's information disclosure published today (14/7).

The funds were used for syndicated loan repayments (Rp 1.12 trillion) and to cover operating and working capital expenses (Rp 138 billion).

The remaining Rp 20.21 billion is saved in BRI and Bank Mandiri. (LK/AR)

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