Bond structure:

Issuer

 PT. Chandra Asri Petrochemical Tbk (TPIA)

The target proceeds of Shelf Registration Bond

Rp 2 trillion

First phase issuance

Rp. 500 billion

Bond rating

IdAA- from PT. Indonesian Securities Rating Agency (PEFINDO)

Underwriter

  • PT. BCA Securities,
  • PT. DBS Vickers Sekuritas Indonesia,
  • PT. Mandiri Sekuritas

Funds usage

  • Around 80% will be used to pay off the principal debt,
  • Around 20% will be used to fund part of the capital expenditure in increasing the production capacity and/or product diversification, to increase the scale of the Company's business.

Schedule:

Effective Date

December 13, 2018

Public Offering

December 14, 2018

Allotment Date

December 17, 2018

Electronic Distribution Date

December 19, 2018

Listing Date in Indonesia Stock Exchange

December 20, 2018

TPIA - PT. Chandra Asri Petrochemical Tbk

Rp 7.900

+100 (+1,28%)