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Waskita Karya prepares Rp1.37 billion to pay off its bonds

21 September 2020 14:38

JAKARTA. PT Waskita Karya (Persero) Tbk (WSKT) has prepared Rp1.37 trillion to pay off its Shelf Registration Bond III Phase I/2017 Series A.

Shastia Hadiarti, Corporate Secretary of WSKT, said that the funds will be paid to PT Kustodian Sentral Efek Indonesia (KSEI). "No later than 5 October 2020 at 14.00 WIB," said Hadiarti through the disclosure submitted to the Indonesia Stock Exchange.

For information, the bonds were issued by WKST on 9 October 2017. The debt securiies with a coupon rate of 8% per year will mature on 8 October 2020.

In addition to the aforementioned bond, WSKT will also have to pay off one more bond which will mature on 16 October 2020. The bond has a total value of Rp1.15 trillion, with a coupon rate of 11.1% per year. (KR/AR)

 
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