Waskita Group's transformation steps are getting more definite from day to day. PT Waskita Karya Realty (WKR) and PT Waskita Fim Perkasa Realti (WFPR), which are the subsidiaries of Waskita's company, signed the 2021 Medium Term Notes (MTN) Issuance Agreement on last Friday (4/6). Medium Term Note (MTN) or medium-term debt securities are debt securities issued by a company that requires financing funds for a period of between 5 (five) to 10 (ten) years, but it can also be for a period of only 1 (one) year.
The issuance of this MTN is one way for Waskita Realty and WFPR to increase the company's funding structure, company working capital, and encourage company business expansion. In addition, the issuance of this MTN is proof that Waskita Realty still gains the trust of the relevant stakeholders.
The signing was attended by Plt. President Director of WKR Dimas Ricky Wahyu Adityo, Marketing and Sales Director concurrently Plt. Business Development Director of WKR Ignatius Joko Herwanto, Executive Director of PT Shinhan Sekuritas Indonesia Tenny Juniawarman, Group Head of Custodian & Trustee of PT Bank Pembangunan Daerah Jawa Barat and Banten Tbk. Bimo Setyanto, President Director of WFPR Rianto Triambudi, Finance and Human Capital Director of WFPR Dwi Anggoro Setiawan, Deputy Chairman of Kospin Jasa Kadafi Yahya, Notary Arry Supratno, Legal Consultant Tjajo and partners Brahmantyo Jati Widityo.
With this step, it can issue a positive signal that Waskita's performance is getting better and can be trusted by its stakeholders.