Elnusa lists its sukuk ijarah on the IDX today

12 August 2020 09:14

JAKARTA. Today (12/8), PT Elnusa Tbk listed its Shelf Registration Sukuk Ijarah I phase I, which has a total value of Rp 700 billion, on the Indonesia Stock Exchange (IDX).

The sukuk has a tenor of 5 years and an yearly ijarah installment of 9%, which will be paid every three months from the date of issuance. First payment will be made on 11 November 2020.

President Director of Elnusa Ali Mundakir stated in a press release earlier this week said that the proceeds from the sukuk offering would be used for business expansion and as additional working capital. (AM/AR)

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