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Jasa Marga to emanate tellurian bonds

Jakarta (ANTARA News) – State highway user PT Jasa Marga Tbk skeleton to emanate rupiah-denominated tellurian holds value Rp3.9 trillion (US$200-300 million) to accommodate a collateral needs for a construction of fee roads.

“If possible, we will emanate a holds this year to financial a construction of 16 projects that are underway,” Jasa Marga Finance Director Donny Arsal pronounced here, Tuesday.

The association is still study a existent regulations, given rupiah-denominated tellurian holds are comparatively new in a country, he stressed.

To financial a projects, a association needs Rp8 trillion in funds, that will be performed by inner money and outmost funding.

“If a rupiah-denominated tellurian holds are not possible, afterwards we will make bank loans and emanate domestic or Islamic holds (sukuk),” he remarked.

PT Jasa Marga posted a net distinction of Rp1.016 trillion in a initial half of this year, adult 9.79 percent from Rp925 billion in a same duration final year.

“The arise in net distinction was fueled by a rising income from a operation of fee roads and other businesses, that reached Rp4.53 trillion, adult 7.47 percent from Rp4.21 trillion in a same duration final year,” he said.

(s012/INE)

Reported by Zubi Mahrofi.

Article source: http://www.antaranews.com/en/news/112187/jasa-marga-to-issue-global-bonds