Ricky Putra redeem some of their sukuk

BI /

7/3/2010

Irvin Avriano A.

for Bisnis Indonesia

Ricky Putra redeem some of their sukuk

JAKARTA: PT Ricky Putra Globalindo Tbk repay some of their ijara sukuk I/2005 with jumbo bond certificates worth IDR30.4 billion.

"[The settlement was] based on the decision of the general meeting of sharia bondholders [rapat umum pemegang obligasi/RUPOS] at October 8th, 2009," said Ricky Putra Director Victor R. Franziscus in disclosure of information in exchange authority, Monday.

Data Indonesia Stock Exchange (IDX) also showed the authority delete markets records from some of its unit since the company had paid off it.

Corporate Bonds Assessment Division Head of BEI Saptono Adi Junarso said the settlement was made the number of company's sukuk outstanding only IDR30.4 billion left. The number of the corporate bonds before the pay off was worth IDR60.4 billion that will mature in July this year.

Previously, the company intends to use internal cash funds to pay off these debts.

The same data also showed PT Astra Sedaya Finance will pay off the coupon of medium-term notes (MTN) II/2009 worth IDR1.75 billion.