JAKARTA (Yosefardi) – PT Indosat Tbk (ISAT) intends to pay debts of Rp2.3 trillion scheduled to mature this year, funded by internal cash. As of September 2013, it has cash and cash equivalent of Rp2.31 trillion.
ISAT also raised Rp1.39 trillion from divesting 5% shares of PT Tower Bersama Infrastructure Tbk (TBIG).
The company booked revenue of Rp23.86 trillion in 2013, grew by 6.4% from Rp22.42 trillion in 2012. ISAT however mulls to issue global medium term notes (MTN) by end of this year or early next year.
ISAT also intends to seek loan of US$200 million from Export Credit Agency (ECA) of United States, used to fund the extension of satellite usage.