Competitive TBIG Bonds from Price Facets
By : Wiyanto Dan Aldo Bella Putra | Friday, July 06 2018 - 16:00 IWST

PT Tower Bersama Infrastructure Tbk (TBIG) (ist)
INDUSTRY.co.id - Jakarta - PT Tower Bersama Infrastructure Tbk (TBIG) said that bond prices are very competitive with the dominance of the rupiah currency.
"We are very happy to enter the Rupiah bond market at competitive prices. Our current leverage is still far below our bond limitations for no higher than 6.25x for the ratio of total loans (measured using the hedge rate) to last quarter's updated BITDA, "commented Helmy Yusman Santoso CFO TBIG in Jakarta, Friday (6/7/2018).
Ongoing III phase bonds in 2018, the target of Rp608 billion can be collected.
He said as of March 31, 2018, total gross debt of the Company, if the portion of borrowings denominated in US Dollar currency was measured at hedge rate, amounting to Rp18,084 billion and total senior loans (gross senior debt ) amounting to Rp12,138 billion.
"With a cash balance of Rp926 billion, the total net debt of Rp17,158 billion and the Company's total senior net net senior loan amounted to Rp11,212 billion. Using EBITDA in the first quarter of the year, the net senior loan to EBITDA ratio was 3.1x and net lending to 4.8x.EBITDA, "he said.
Read Also
Trimegah Sekuritas Supports Ikatan Alumni SBM-ITB to Realise Lifelong…
Fujitsu chosen for Dow Jones Sustainability World Index for 22nd…
Olympus Named to Dow Jones Sustainability World Index for Three Consecutive…
New Economic Board, GOTO Share Moves Closer to Global Indices
Midday Break, the Composite SMidday Break, the Composite Stock Price…
Today's Industry

Senin, 09 Juni 2025 - 14:22 WIB
Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program
Savyavasa, a luxury residential development by Swire Properties and JSI Group under PT Jantra Swarna Dipta, in collaboration with Permata Bank, presents a new solution for foreign nationals…

Rabu, 21 Mei 2025 - 10:09 WIB
Indonesia, Thailand Sign MoU on Health Sector, Focusing on Global Capacity, Collaboration
As a part of President Prabowo Subianto’s official visit to Thailand, both countries signed a Memorandum of Understanding (MoU) on health sector, in an effort to strengthen bilateral cooperation…

Rabu, 21 Mei 2025 - 10:06 WIB
Indonesia, Thailand Deepen Cooperation on Security, Trade, and Regional Stability
resident Prabowo Subianto has reaffirmed Indonesia’s strong commitment to deepening bilateral relations with Thailand during the meeting with Thailand’s Prime Minister Paetongtarn Shinawatra…

Selasa, 20 Mei 2025 - 12:44 WIB
Boediman Widjaja's Technology Ready to be Adopted in Jababeka Industrial Estate (KIJA)
In an exclusive seminar entitled "A Great Step: Boediman Widjaja Story - Going from Indonesia, Thriving in Singapore" held at the President Lounge, Menara Batavia, Boediman Widjaja, Founder…

Jumat, 02 Mei 2025 - 10:46 WIB
Binawan and Government Support Indonesian Nurses in Europe through Scholarships
In the midst of the viral #KaburAjaDulu hashtag as a symbol of the young generation's disappointment with domestic working conditions, Binawan responded with real action: dispatching Indonesian…
News Comment