Jakarta, 14 August 2024 – PT TIMAH Tbk (“Company”; IDX: TINS) has completed the repayment of bonds and sukuk worth IDR 806 billion on time. This repayment includes sustainable bonds I Timah Phase II 2019 Series B amounting to IDR 493 billion and Sustainable Sukuk Ijarah I Timah Phase II 2019 amounting to IDR 313 billion.
The bonds and Sukuk Ijarah are the result of the Sustainable Public Offering carried out by the Company in 2019 with a tenor of 5 years and a coupon or profit sharing of 8.75% per year.
This repayment is part of TINS' commitment to fulfill its maturing obligations on time as a form of implementing good corporate governance. So that it can maintain investor confidence in the Company.
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