
PT Waskita Karya (Persero) Tbk is a leading state-owned construction company based in Indonesia, founded in 1961 with the purpose of supporting national infrastructure development. The company specializes in construction, engineering, and project management, delivering a wide range of services including road, bridge, and building construction as well as EPC (Engineering, Procurement, and Construction) solutions.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
WSKTIJ 7.55% 2029-05-12 IDRWaskita Karya (Persero) Tbk PT | Indonesia | 2029-05-12 | 7.550 | 6.63 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its first bond issuance in 2017, Waskita Karya has actively utilized bonds to finance its ambitious infrastructure projects. Notably, the company issued a substantial IDR 2 trillion bond in 2020 to support its ongoing development initiatives, showcasing its position in the market with competitive yields around 7.5%, compared to the industry average of 8.5%. Recent news highlights the strategic restructuring of its debt, aiming to enhance liquidity while maintaining a robust pipeline of projects, indicating a proactive approach to financial management in an evolving economic landscape.