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Related company : PT PP Properti

Related company : PT PP Properti

Tone : Neutral

Tone : Neutral

 

PP Properti to issue Rp 1t bonds in 2nd half 2017

Summary
The Jakarta Globe, January 11, 2017
PT PP Properti Tbk plans to raise Rp 1 trillion ($75 million) from issuing bonds in the seccond half of this year to pay back some of its debt. The company has an outstanding of Rp 300 billion medium term notes that will due this year. The remainder of the proceeds from the bonds would go to finance the company capital expenditure this year, earmarked at Rp 1.5 trillion to Rp 1.8 trillion.
 
 

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