Saranacentral obtains renewal of debt
Thursday, October 6 2016 - 08:30 AM WIB
IDX-listed steel products maker PT Saranacentral Bajatama Tbk said that the maturity of its debt worth US$20.6 million owed to affiliate firm PT Sarana Steel has been extended by another five years until October 3, 2031.
The firm said in a statement Thursday that the debt originally matured October 3 of this year.
The company obtained the loan on October 3, 2011 to refinance debts to various banks.
Editing by Reiner Simanjuntak