HFIS
PT. SARANA MULTIGRIYA FINANSIAL (PERSERO)

News / 23 January 2019

SHELF REGISTRATION BOND IV SARANA MULTIGRIYA FINANCIAL 7th TRANCHE YEAR 2019 WITH A FIXED COUPON RATE

SHELF REGISTRATION BOND IV SARANA MULTIGRIYA FINANCIAL 7th TRANCHE YEAR 2019 WITH A FIXED COUPON RATE (“BOND”) WITH A PRINCIPAL OF RP 1,850,500,000,000,- (ONE TRILLION EIGHT HUNDRED FIFTY BILLION FIVE HUNDRED MILLION RUPIAH)

These bonds are issued with a Principal Amount of Rp1,850,500,000,000,- (one trillion eight hundred fifty billion five hundred million Rupiah) which is guaranteed in Full Commitment, with tenor from 370 (three hundred seventy) Calendar Days up to 5 (five) years since the Issuance Date. This Bond allows the public to choose public to choose between 3 (three) of these following Bond series:

Serie A : The principal amount of Serie A Bond offered is to the amount of Rp677,000,000,000,-                                  (six hundred seventy seven billion Rupiah) with a fixed coupon rate of 8.00% (eight percent) per year. The tenor of Serie A Bond is 370 (three hundred seventy) Calendar Days. 100% of the Serie A Bond Principal amount will be paid fully (bullet payment) on the Serie A maturity date.
Serie B : The principal amount of Serie B Bond offered is to the amount of Rp748,500,000,000,- (seven hundred fourty eight billion five hundred million Rupiah) with a fixed coupon rate of 8.80% (eight point eighty percent) per year. The tenor of Serie B Bond is 3 (three) years. 100% of the Serie B Bond Principal amount will be paid fully (bullet payment) on the Serie B maturity date.
Serie C : The principal amount of Serie C Bond offered is to the amount of Rp425,000,000,000,- (four hundred twenty five billion Rupiah) with a fixed coupon rate of 9.25% (nine point two five percent) per year. The tenor of Serie C Bond is 5 (five) years. 100% of the Serie C Bond Principal amount will be paid fully (bullet payment) on the Serie C maturity date.

 

This Bond is issued without certificate, except for a jumbo certificate issued by the company on behalf of PT Kustodian Sentral Efek Indonesia (“KSEI”) to be used by bondholders as proof of indebtedness, and is offered at 100% (one hundred percent) of the Bond Principal Amount.

Coupons will be paid every 3 (three) months calculated based on the amount of days that has passed with 1 (one) year equaling 360 (three hundred sixty) Calendar Days and 1 (one) month equaling 30 (thirty) Calendar Days from the Issuance Date. The first coupon payment will occur on May 12, 2019 with the last coupon payment occurring on each of the Bond Series’ maturity dates which will fall on February 22, 2020 for Serie A, February 12, 2022 for Serie B, and February 12, 2024 for Serie C. Repayment of the Bond will be done fully (bullet payment) at the maturity date.

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