ISAT - Reports bond proceed use

Indosat Ooredoo Hutchison (ISAT) has reported its use for bond issue proceeds from shelf registration bonds IV Indosat phase I/ 2022 totaling IDR1.74 tn. The largest part went to spectrum rights (BHP) fee valuing IDR681.33 bn, while the rest was for loan repayment from BTPN worth IDR560bn and other bond repayment totaling IDR512 bn. (Source : Investor Daily)