Jakarta - PT Tunas Baru Lampung Tbk (TBLA) has repurchased bonds issued by unit entity  PTBA International Pte amounting to US$30 million.

These bonds have a coupon of 7% per annum and will mature in 2023.  TBLA unit issued the bonds in 2018.

"The completion of the payment for the repurchase is part of managing the company's obligations by taking into account the principle of prudence," said TBLA Deputy President Director Sudarmo Tasmin in the IDX information disclosure on Thursday (28/10).

He hopes that the bond buyback can support the company's business activities and business entities in the long term, both in terms of operational activities, financial condition, and business continuity.

This bond buyback transaction does not contain any conflict of interest or affiliated transactions.