JLB | Announcement of Jakarta Lingkar Baratsatu (JLB) Bond
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Announcement of Jakarta Lingkar Baratsatu (JLB) Bond

Announcement of Jakarta Lingkar Baratsatu (JLB) Bond

On August 16 2018, the JLB entity of the company association held a Public Bond Offer I, with the targeting for Rupiah 1,3 trillion. This corporate action was one of strategical action of the company to pay off working capital loans and syndication credit loans of around 92% with the rest allocated for toll road maintenance.