Monday, June 28, 2010

Jasa Marga shortlisted 4 underwriter

State-owned toll road company, PT Jasa Marga Tbk shortlisted four securities company to become the underwriter of DIR1.5 trillion bond issuance.
There are four company, PT Danareksa Sekuritas, PT Mandiri Sekuritas, PT Bahana Securities, and PT Trimegah Securities Tbk. Previously, there were eight securities companies invited to compete for the underwriter selection, namely PT BNI Securities, PT CIMB Securities, PT Andalan Artha Advisindo, PT Kres-na Graha Sekurindo Tbk, Danareksa Sekuritas, Mandiri Sekuritas, and Trimegah Securities.
Jasa Marga targets the proceeds of bond issuance this year for refinancing the due date debt.
Besides, the company this year targeting IDR3 trillion capital expenditure has finalized the IDR3 trillion bank loan to finance two toll road projects worth IDR5 trillion. The toll road funded by the loan here is Cengkareng-Kunciran and Kunciran--Serpong toll roads.

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