PT Pegadaian (Persero) stated that it is ready to pay the Phase II of 2018 series B sustainable bonds worth Rp1,050 trillion, which will mature on March 16, 2021.

Pegadaian has prepared funds to pay the principal of the bonds obtained by increasing the bank loan ceiling.

"Pegadaian will pay off the principal of sustainable bonds III phase II in 2018, with the source of funds obtained from bank loan facilities," said Head of the Pegadaian Treasury Division, Endah Susiani, in the IDX disclosure on Thursday (11/2).

He added that the total facility ceiling available is Rp24.1 trillion, where the projected use of bank loans as of February 28, 2021, is Rp14.8 trillion, so there is still a remaining loan ceiling of Rp9.3 trillion.