JAKARTA (Yosefardi) – Motorcycle distributor and financing PT Mitra Pinasthika Mustika Tbk (MPMX) provides Rp1.4 trillion to its unit, PT MPM Rent for refinancing debts.
MPMX also provides loans of Rp110 billion to PT Surya Anugrah Kencana and Rp200 billion to PT Grahamitra Lestarijaya. MPMX also provides loans to PT Mitra Pinasthika Auto and PT Federal Karyatama.
MPMX, through its unit MPM Global Pte Ltd had issued US$200 million senior bonds, which will mature in 2019. The company allocates capital expenditure (capex) of Rp2.3 trillion for this year.