Bumi Resources Repays Debt Installment
PT Bumi Resources Tbk (BUMI) has processed the 13th payment of US$6.9 million on April 12, 2021, which represents the loan interest for tranche A.
With its 13th quarterly payment, BUMI has currently paid a total of US$341.7 million in cash, consisting of Tranche A principal of US$195.8 million and interest of US$145.9 million, including accrued interest and unpaid interest.
"The next payment for Tranche A will be due in July 2021," said Director of BUMI, Dileep Srivastava, in the company disclosure submitted to the IDX on Monday (12/4).
From April 11, 2018, to April 12, 2021, the PIK Coupon for Tranche B and C has also begun to be capitalized.