News & Event / 12 August 2019
SHELF REGISTRATION BOND V SARANA MULTIGRIYA FINANCIAL 2nd TRANCHE YEAR 2019 WITH A FIXED COUPON RATE (“BOND”) WITH A PRINCIPAL AMOUNT UP TO Rp2.500.000.000.000,- (TWO TRILLION AND FIVE HUNDRED BILLION RUPIAH)
These bonds are issued with a Principal Amount of Rp1,288,500,000,000 (one trillion two hundred eighty eight billion five hundred million Rupiah) which is guaranteed in Full Commitment. This Bond is issued scripless with period from 3 (three) years up to 5 (five) years since the Issuance Date. This Bond provides the options for public to choose the 2 (two) following Bond series offered:
|Series A||:||The principal amount of Serie A Bond offered is to the amount of Rp771.500.000.000,- (seven hundred seventy one billion five hundred million Rupiah) with a fixed coupon rate of 7.80% (seven point eighty percent) per year. The period of Series A Bond is 3 (three) years. The Series A Bond will be paid fully (bullet payment), 100% of the Series A Bond Principal amount, on 28 August 2022.|
|Series B||:||The principal amount of Series B Bond offered is to the amount of Rp517.000.000.000,- (five hundred seventeen billion Rupiah) with a fixed coupon rate of 8.10% (eight point ten percent) per year. The period of Series B Bond is 5 (five) years. The Series B Bond will be paid fully (bullet payment), 100% of the Series B Bond Principal amount, on 28 August 2024.|
The remaining of the Bond Principal amount of the maximum is Rp1,211,500,000,000 (one trillion two hundred eleven billion five hundred million Rupiah) will be guaranteed in the Best Effort. If the amount in Best Effort portion is not sold partially or in a whole, then the unsold remaining is not the Company’s obligation to issue the Bonds.
This Bond is issued without certificate except for a jumbo certificate issued and registered under the name of KSEI as anevidence of indebtedness for the interest of bondholders and this bond is offered at 100% (one hundred percent) of the Bond Principal Amount. Coupon will be paid quarterly in accordance with the Coupon Payment Schedule. The First Coupon will be paid on 28 November 2019 and the last Coupon Payment as well as the maturity date of each Series.