Garuda Indonesia (Persero) Tbk PT, established in 1947 and headquartered in Jakarta, is the national flag carrier of Indonesia, dedicated to providing international and domestic air travel services. The airline operates a modern fleet, offering passenger and cargo transportation, as well as travel-related services across various destinations.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| GARUDA 6.50% 2031-12-28 USDGaruda Indonesia (Persero) Tbk PT | Indonesia | 2031-12-28 | 6.500 | 8.25 |
| GARUDA 6.50% 2031-12-28 USDGaruda Indonesia (Persero) Tbk PT | Indonesia | 2031-12-28 | 6.500 | 8.09 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Garuda Indonesia has begun to strategically utilize bond issuances to bolster its financial standing. The company first issued bonds in 2012, raising substantial capital to support fleet expansion and operational improvements. In 2021, Garuda successfully issued a series of bonds amounting to IDR 8 trillion to aid in restructuring efforts amidst the pandemic's challenges. Current yields on its bonds reflect an industry-competitive position, although variations exist due to market conditions. Recently, the airline has explored green bonds as part of its commitment to sustainability and modernization.