Wijaya Karya Plans to Issue Global Debt Securities Worth US $ 405 Million

By : Abraham Sihombing And Aldo Bella Putra | Wednesday, January 24 2018 - 22:00 IWST

WIKA
WIKA

INDUSTRY.co.id - Jakarta - PT Wijaya Karya Tbk (WIKA) plans to issue global bonds with a maximum value of US $ 405.467 million or around Rp5.4 trillion. The maximum value of the bonds to be issued is already fixed on January 22, 2018.

"Along with the maximum value of the bonds, the company management also signed a sale and purchase agreement with several potential buyers of the bonds in the primary market," said Puji Haryadi, Acting Corporate Secretary of WIKA, in Jakarta, Wednesday (24/01/2018) .

Puji explained, as for several potential buyers of WIKA's bonds are BNP Paribas, The Hongkong and Shanghai Banking Corporation Limited, Mandiri Securities Pte Ltd. and MUFG Securities Asia Ltd.

"The funds obtained from the issuance will be used to finance WIKA's debt refinancing, finance capital expenditure and will be used for working capital," Puji said.

Furthermore Puji argued, that nine days after the pricing of the bonds, WIKA will settle the bonds and sign an indenture with Bank of New York Mellon. (Abraham Sihombing)

News Comment

Today's Industry

Sergey Sedov, Founder and CEO of Robocash Group

Jumat, 13 Mei 2022 - 16:15 WIB

Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021

Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…

PT Sariguna Primatirta Tbk (Tanobel Group)

Jumat, 13 Mei 2022 - 15:45 WIB

Demand Increases, CLEO Recorded IDR307.7 Billion Sales in Q1-2022

PT Sariguna Primatirta Tbk (Tanobel Group), a public company and manufacturer of Bottled Drinking Water (AMDK) with the IDX ticker code: CLEO: IJ, recorded a 30% increase in sales reaching IDR307.7…

TopWorx DX PST with HART 7 monitors and tests valve assemblies, providing detailed data and diagnostics and enabling the digital transformation of process applications.

Jumat, 13 Mei 2022 - 15:15 WIB

Emerson’s New Emergency Shutdown Discrete Valve Controller Improves Safety, Uptime in Hazardous Applications

Emerson introduced the TopWorxTM DX PST with HART® 7. Units provide valuable valve data and diagnostic information, enabling the digital transformation of process applications.

PT Buyung Poetra Sembada Tbk (“HOKI”)

Kamis, 12 Mei 2022 - 15:26 WIB

HOKI Launches Another New Product

PT Buyung Poetra Sembada Tbk (“HOKI”), a Public Company which produces quality rice under the “Topi Koki” and “HOKI” brands, continues to innovate by re- launching new products.…

Rockwell Automation Inc. /obe.wisc.edu

Kamis, 12 Mei 2022 - 14:19 WIB

Rockwell Automation Releases New, Highly Customizable Industrial Monitors

Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced the release of a new line of industrial monitors…