Selasa, 11 Februari 2014

Bonds II , Garuda Still Looking Market Conditions

IQPlus , ( 11 / 02 ) - In addition to doing the Right Issue , PT Garuda Indonesia Tbk ( GIAA ) also plans to continue the issuance of debt ( bonds ) in the second stage . Because the investment needs are fairly great is the Garuda Indonesia Management will require more frequent corporate actions . " Actions are many corporate actions that we did this year in order to enhance the Company's performance , " said President Director of Garuda Indonesia , Satar , in Tangerang , on Monday . While the Finance Director of Garuda Indonesia , Handrito Hardjono revealed , Garuda is known that in the past year has issued its ongoing Phase I in 2013 , worth Rp 2 trillion of the total public offering of $ 4 trillion . Thus , Garuda is still able to issue bonds worth Rp 2 trillion . But unfortunately Handrito not explain how much Bonds to be issued and when Bonds phase II ready for launch . " We are still talking about how much the first Phase II Bond . We also still see the condition of the Bond Market in launching , " said Handrito . Handrito added , in 2013 , Garuda has successfully repaid loans amounting to a total of U.S. $ 130 million . " We have to pay off the debt consists of U.S. $ 55 million from Citi Club Deal - 1 , and U.S. $ 75 million from Exim Bank Indonesia , " he added . ( end / as)

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