JAKARTA (Yosefardi) – State toll operator PT Jasa Marga Tbk (JSMR) plans to issue bonds worth Rp2.1 trillion, part of Rp5.95 trillion bond program.
Pre offering is scheduled for September 2-13, 2013 and the offering is set for September 25-26, 2013. PT Mandiri Sekurityas will act as underwriter for the bond.
The bond proceeds (84.36%) will be used to settle the existing bond, 7.48% for business expansion, and the rest 8.16% for working capital.
As of March 2013, JSMR’s liability totaled Rp15.58 trillion. At 11.20 am Jakarta time JSMR share gained 1.87% to Rp5,450 per share. (yohanneso@yosefardi.biz)