JAKARTA (Yosefardi) – Telco player PT Solusi Tunas Pratama Tbk (SUPR) to allocates internal cash to settle its debt of US$63 million until 2016.
The company will pay US$3.15 million matured in December this year. As of July 2015, SUPR’s debt in foreign currencies totaled US$615 million, consisting of foreign banks loan (US$252.6 million) local banks loan (US$62.4 million), and global bonds debt (US$300 million).
SUPR has build 140 towers during the first half of 2015. It targets to add 500-750 units of tower this year. The company allocates capital expenditure (capex) of Rp800 billion to Rp1 trillion for this year.