JAKARTA (Yosefardi) – PT Indosat Tbk (ISAT) is now offering bonds worth Rp2.31 trillion, part of its Rp9 trillion bond issue program.
It is also offering Islamic bonds, called sukuk, worth Rp190 billion, part of Rp1 trillion sukuk offering program.
The bonds are offered in 4 series. Series A bond worth Rp950 billion has tenor of 3 years and offers coupon of 10% per year. Series B bond worth Rp750 billion with tenor of 5 years offers coupon of 10.3%.
Series C bond worth Rp250 billion has tenor of 7 years and offers coupon of 10.5%. While series D bond worth Rp360 billion with tenor of 10 years offers coupon of 10.7%.
Acting as underwriters are PT BCA Sekuritas, PT DBS Vickers Securities Indonesia, PT Danareksa
Sekuritas, PT HSBC Securities Indonesia, and PT Mandiri Sekuritas.
ISAT’s debt scheduled to mature this year amounts Rp4.5 trillion. It had paid Rp2.5 trillion debt. While ISAT’s existing debt totaled Rp21.57 trillion as at September 2014.