JAKARTA. The state-owned contractor company, PT PP (Persero) Tbk (PTPP), announces its commitment to cover the payment of the bond worth IDR 1 trillion, maturing today (6/7).
The Financial and Risk Management Director of PT PP, Agus Purbianto, claims that the funds for the settlement had been sent out to Indonesia Central Securities Depository (KSEI) last Monday (5/7). Purbianto informed it through the information disclosure, Monday (5/7).
According to Purbianto, the funds used to pay off the Shelf-Registration Bond II PTPP Phase I Year 2018 Series A were taken from the proceeds after the issuance of Shelf-Registration Bond III PTPP Phase I Year 2021, with the principal amount of IDR 1.5 trillion. On the same occasion, PTPP issued Shelf-Registration Sukuk Mudharabah I worth IDR 50 billion. (AM/ZH)