Waskita Beton Pays Seventh Instalment of Debt, Valued at Rp 109.22 Billion
JAKARTA - PT Waskita Beton Precast Tbk or WSBP has once again made payments of its obligations to creditors through the Cash Flow Available for Debt Service (CFADS) scheme in the seventh phase in March 2026, amounting to Rp 109.22 billion.
This payment forms part of the company’s obligations in accordance with the peace agreement that has been agreed upon with the creditors.
To date, WSBP has carried out seven phases of CFADS payments, with a total reaching Rp 650.87 billion.
In the seventh phase, the payment was made through several components, namely interest payments to financial creditors (banks) amounting to Rp 38.24 billion.
Then, payments of coupons for Waskita Beton Precast I and II Bonds Year 2022 amounting to Rp 3.51 billion, as well as payments to trade creditors, both current and previous, amounting to Rp 67.47 billion.
Several ongoing projects include the construction of Sekolah Rakyat (SR) in South Sumatra, the construction of the DPR 1 Building and Area in IKN, the Palembang-Betung Toll Road Section 1, the Bener Dam Package II in Purworejo, and the Patimban Access Toll Road Package II.
WSBP Corporate Secretary Division Head Fandy Dewanto stated that the company ensures that these projects can be completed according to targets while prioritising quality and timeliness.
“WSBP continues to ensure that ongoing projects can be completed according to targets while still prioritising quality and timeliness,” he said.
In running operations, WSBP also prioritises the principle of prudence through cost efficiency, capital expenditure management, and strengthening the supply chain.
In addition, the company is committed to consistently implementing the principles of Good Corporate Governance (GCG) to maintain business continuity and provide added value for stakeholders.
These steps are part of the company’s efforts to maintain governance discipline, the application of measured risk management, and to ensure project selection is done selectively by considering healthy funding aspects.