Issuance of Shelf Registration Bond VI Sarana Multigriya Finansial 4th Tranche Year 2023 (“Bond”) with a Principal Amount of Rp2.000.000.000.000,- (two trillion rupiah))
Press Release / 02 Feb 2023
SMF will issue Shelf Registration Bond VI Sarana Multigriya Finansial 4th Tranche Year 2023 with a Principal Amount of Rp2.000.000.000 (two trillion Rupiah) which is guaranteed in Full Commitment. This Bond is issued without script with tenor 60 (sixty) months since the Issuance Date. This Bond provides offering as follow :
The principal amount of the Bond offered is of Rp2.000.000.000.000,- (two trillion Rupiah) with a fixed coupon rate of 6,85% (six point eight five percent) per year. The tenor of Bond is 5 (five) Years. The Bond Principal amount will be paid fully (bullet payment) on the maturity date. The proceeds from this Bond Public Offering, after deducted by the issuance costs, will be used by SMF for the activity of disbursing loans and/or financing to support the financing of KPR FLPP (Indonesian government's housing loan program) conducted by financial institutions for the sustainability of home ownership, occupancy, and availability of public housing for low-income population in the amount of IDR 1,932,000,000,000 meanwhile the rest of fund will be used by SMF for the activity of disbursing loans and/or financing to support the financing conducted by financial institutions for the sustainability of home ownership, occupancy, and availability of public housing.
This Bond is issued without script except for a Jumbo Certificate issued and registered under the name of KSEI as an evidence of indebtedness for the interest of Bond and they are 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 22 May 2023 and the last Coupon of the bonds will be paid in the maturity dates, which is 22 February 2028. For the complete information, Additional Information and/or Correction to the Short Prospectus can be downloaded here.