Tower Bersama Sets 2.7% Coupon For $300 Million Bond Sale Plan


PT Tower Bersama Infrastructure Tbk (TBIG) has set a fixed coupon of 2.7% for its planned global bonds sale aiming at raising $ 300 million.

Proceeds of the global bonds sale will be used for debt repayment. TBIG Corporate Secretary, Helmy Yusman said in the IDX disclosure on Thursday (14/1). 

The company currently has an outstanding balance of the revolving loan facility of US $ 375 million (RLF Facility 2019), a revolving loan facility of US $ 100 million (Facility B), and a revolving facility of US $ 200 million (RLF Facility 2017)


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