Bonds structure:

Publisher

PT. Chandra Asri Petrochemical Tbk (TPIA)

Target proceeds for Shelf Registration Bond

Rp. 1 trillion

Second phase issuance

Rp. 500 billion

Three series of bonds

  • Series A Rp 100 billion, fixed coupon 7.50%, tenor on March 1, 2021
  • Series B Rp 100 billion, fixed coupon 8.25%, tenor on March 1, 2023
  • Series C Rp 300 billion, fixed coupon 9.00%, tenor on March 1, 2025

Bonds rating -

IDAA from PT. Pemeringkat Efek Indonesian (PEFINDO)

Underwriter

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

Fund usage

  • Around 64.0% will be used by the Company to pay the remaining debt
  • Around 36.0% will be used by the Company for working capital of the Company and / or Subsidiaries

Schedule:

Public Offering Period

February 23 - 26, 2018

Allotment Date

February 27, 2018

Recording Date

March 2, 2018

Shareholders

 As of January 31, 2018

  • Barito Pacific ... (41.51%)
  • SCG Chemicals Company Limited ... (30.57%)
  • Prajogo Pangestu .. (14.75%)
  • Marigold Resources Pte. Ltd .... (4,75%)
  • Erwin Ciputra ... (0.09%)
  • Lim Chong Thian ... (0.00%)
  • Public (each under 5%) ... (8.33%)
TPIA - PT. Chandra Asri Pacific Tbk

Rp 9.475

-200 (-2,07%)