Press Release / 26 Jun 2018
In connection to the Shelf Registration Bond, the Company will issue and offer:
PUBLIC OFFERING PLANS OF SHELF REGISTRATION BOND IV SARANA MULTIGRIYA FINANSIAL 4th TRANCHE YEAR 2018 WITH A FIXED COUPON RATE
SHELF REGISTRATION BOND IV SARANA MULTIGRIYA FINANSIAL 4th TRANCHE YEAR 2018 WITH A FIXED COUPON RATE
WITH MAXIMUM AMOUNT OF RP2.000.000.000.000,- (TWO TRILLION RUPIAH)
This Bond is issued script less and is offered at 100% of the principal amount of the Bond. Bond Offered in the amount of Rp1.153.000.000.000,- (one trillion one hundred fifty three billion Rupiah) guaranteed with full commitment is comprised of the following 2 (Two) series:
| Series A : | Principal amount of Series A Bond offered is to the amount of Rp745.000.000.000 (seven hundred forty five billion Rupiah) with a fixed coupon rate of 6,05% (six point zero five percent) per year, with a 370 (three hundred seventy) Calendar Days tenor from the Issuance Date. 100% (one hundred percent) of the Bonds Issuer Payment of the Series A Bond on the maturity date. |
| Series B : | Principal amount of Series B Bond offered is to the amount of Rp408.000.000.000 (four hundred eight billion Rupiah) with a fixed coupon rate of 6,95% (six point nine five percent) per year, with a 3 (three) years tenor from the Issuance Date. 100% (one hundred percent) of the Bonds Issuer Payment of the Series B Bond on the maturity date. |
Maximum amount of Rp847.000.000.000,- (eight hundred forty seven billion Rupiah) is guaranteed with best effort, if the number in best effort are not sold out in part or as a whole, then the remaining amount not the obligation of PT Sarana Multigriya Finansial (Persero) to issue their Bonds.
Coupon payments will be done quarterly, with first coupon payment on 18 August 2018, the last coupon payment will be done on the maturity date of each Bond Series. Full repayment of the bond will be done on the maturity date (bullet payment)
