PT WIJAYA KARYA (Persero) Tbk (WIKA) has agreed to a Master Restructuring Agreement (MRA) with 4 financial institutions in the February 2024 period, following the MRA agreement that was previously established with 11 financial institutions in January 2024. This agreement marks the completion of the MRA steps with an outstanding value of Rp 20.79 Trillion or 100% of the total restructured debt.
President Director of WIKA Agung Budi Waskito (BW) said that the achievement of this agreement reflects the high level of trust from financial institutions towards WIKA.
"Financial institutions have confidence in the value and benefits that WIKA can bring. Therefore, the achievement of the MRA agreement will have a significant positive impact on realizing the Company's health," said Agung BW
Responding to the trust that has been given by all stakeholders to the Company, the Company also continues to maintain its commitment to fulfill the payment of coupon due dates of Bonds and Sukuk on time, where on March 3, 2024, the Company has realized the payment of interest due on Bonds and Sukuk Mudharabah PUB I Phase II Year 2021 amounting to Rp 69.6 Billion.
"This shows WIKA's consistency in fulfilling its commitment to bondholders and sukuk holders," Agung BW explained
Agung BW added that in the future, the health improvement steps will go hand in hand with the completion of projects entrusted to the Company. Support from stakeholders plays an important role in ensuring that these various plans run smoothly.