PT Waskita Karya (Persero) Tbk together with PT Bank Negara Indonesia Tbk, PT Bank Mandiri Tbk, PT Bank Rakyat Indonesia Tbk, PT Bank Syariah Indonesia Tbk and PT Bank Pembangunan Daerah Jawa Barat and Banten Tbk (BJBR) agreed on a loan restructuring worth Rp19.3 trillion.

This value is equivalent to 65% of the total loan of Rp29.26 trillion from all of the company's creditors.

This is stated in the Principal Agreement on Business Transformation and Financial Restructuring signed by the President Director of Waskita Karya and the President Director of the five creditors in Jakarta on Friday (16/7).

WSKT President Director Destiawan Soewardjono said the agreement with the five creditors would be an outstanding momentum and the first step for improving the company's financial condition and operational performance.

"We hope that other creditors can also immediately agree and support the Waskita restructuring process. We hope that the