PT Gajah Tunggal Tbk (GJTL) repurchased global debt securities of a maximum of US$250 million.

Director of Gajah Tunggal, Kisyuwono stated in the IDX's information disclosure on Monday (14/6).

This global bond has an interest rate of 8.375% per annum and matures in 2022.

In connection with the tender offer, the company signed a dealer manager agreement with Filamendo Sakti, PT Prima Sentra Megah, Credit Suisse Singapore Limited, and Deutsche Bank AG Singapore Branch.

This tender offer process will end on June 18, 2021, unless extended or completed earlier.