JAKARTA – PT Chandra Asri Pacific Tbk (TPIA), formerly known as PT Chandra Asri Petrochemical Tbk, has expressed its readiness to fulfill its bond payment obligations in accordance with the Indonesia Stock Exchange (IDX) requirements.

Suryandi, Director of TPIA, stated that the principal payment of the bonds would be made to PT Kustodian Sentral Efek Indonesia (KSEI) as per the applicable regulations.

"The amount of the payment for the Sustainable Bond I Phase II 2018 Series C, which will mature on March 1, 2025, is Rp300 billion," he said in an official IDX statement on Thursday (6/2).

As of September 30, 2024, TPIA's total equity stood at US$2.9 billion, a slight decrease from US$2.99 billion at the end of 2023. On the other hand, TPIA's total assets by the third quarter of 2024 amounted to US$5.34 billion, down from US$5.61 billion as of December 2023.

On today's trading close (6/2), TPIA's stock price fell by 6.09% to Rp8,100 per share, compared to the opening price of Rp8,675. (DK/ZH)