JAKARTA (Yosefardi) – Tower operator PT Tower Bersama Infrastructure Tbk (TBIG) mulls to seek loan of US$1 billion, equivalent Rp12 trillion, both in dollar and rupiah denominations.
The company will seek loan with 5 years tenor to some banks, part of loan will be used to refinancing US$300 million debt.
As of September 2014, TBIG’s assets totaled Rp21.3 trillion while liability amounted Rp16.9 trillion. The company has cash and cash equivalent of Rp579 billion.
TBIG booked net profit of Rp1.22 trillion in first nine months of 2014, grew by 33% from Rp916 billion in the same period of 2013. Revenue rose 24.6% to Rp2.43 trillion from previous Rp1.95 trillion.