TBIG pays off IDR 2.7 trillion bond
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JAKARTA – PT Tower Bersama Infrastructure Tbk (TBIG) has officially paid off the principal and interest of its Shelf-Registration Bonds VI of Tower Bersama Infrastructure Phase III 2024, which matured on February 17, 2025.
In a public disclosure on Monday (17/2), TBIG confirmed that it fulfilled its obligation to repay the IDR 2.7 trillion bond with an interest rate of 6.75%. The bond was first issued on December 22, 2015, as part of the company's long-term funding strategy.
On October 30, 2024, Fitch Ratings Indonesia assigned an AA+(idn) rating with a stable outlook for this bond. The rating reflects confidence in TBIG’s strong cash flow visibility, its management’s strategy in maintaining a healthy leverage ratio, and the company's resilience against potential risks related to customer consolidation, which could affect tower lease contracts. (EF/ZH)