PP flags possible delay to October 2026 bond coupon, sukuk profit-share payments amid financial restructuring
Bitget2026/09/29 07:42- PT Pembangunan Perumahan flagged possible timing changes to October 2026 coupon payments on its outstanding bonds and mudharabah sukuk.
- The company is running a financial restructuring, citing cash-flow management needs while maintaining operations and servicing creditors.
- Interest and profit-share amounts flagged total IDR 44.68 billion across six instruments with payment dates spanning Oct. 2-22, 2026.
- Bondholder and sukukholder meetings on Sept. 1-2, 2026 failed to secure consent for revised or deferred payment schedules.
- Management plans further talks with the trustee, including holding new meetings to seek approval under the relevant trust deed terms.
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