• USD/IDR14.900
  • SUN92,51 0,63%
  • EMAS612.058 0,50%

Garuda Indonesia to issue $500m in global bonds

Kamis, 22 Februari 2018 / 14:03 WIB

Garuda Indonesia to issue $500m in global bonds
ILUSTRASI. Pesawat Garuda Indonesia

KONTAN.CO.ID - JAKARTA. Flag carrier Garuda Indonesia will issue global bonds worth US$500 million in March as an alternative source of financing to realize a plan to expand both its international and domestic routes.

“We hope to issue the bonds at the end of March, or the end of the first quarter of 2018,” Garuda Indonesia president director Pahala Mansury said on Wednesday, on the sidelines of the Quo Vadis Indonesian Digital Economy event at the Hotel Mulia in South Jakarta, tribunnews.com reported.

In addition to issuing the global bonds, Garuda Indonesia would also use take out $100 million in foreign loans.

Pahala added that the airline was targeting 20 percent growth in international flights and double-digit growth in domestic flights this year.

Last year, the company recorded $3.6 billion in sales revenue, with domestic flights contributing 55 percent and international flights contributing 45 percent. "We realized 100 percent of our 2017 target," Pahala said.

Sumber : The Jakarta Post
Editor: Barratut Taqiyyah Rafie


Seleksi CPNS 2018
Hubungi Kami
Redaksi : Gedung KONTAN,
Jalan Kebayoran Lama No. 1119 Jakarta 12210.
021 5357636/5328134
Iklan : Gedung KOMPAS GRAMEDIA Unit 2
Lt 2 Jl. Palmerah selatan 22-28
Jakarta Selatan 10740.
021 53679909/5483008 ext 7304,7306
2018 © Kontan.co.id All rights reserved
Sitemap | Profile | Term of Use | Pedoman Pemberitaan Media Siber | Privacy Policy

diagnostic_api_kiri = 0.0007 || diagnostic_api_kanan = 0.0599 || diagnostic_web = 0.2867

Close [X]