JAKARTA - PT Sinar Mas Multifinance (SMM) will offer Shelf Registration Bond II Phase II 2021 with a principal of IDR 732.50 billion. The bonds will be offered in three series on February 3-5, 2021.
In a brief prospectus published on Friday (22/1), Series A is offered for IDR 348 billion with an interest rate of 9.75 percent per year with a period of 370 days. Series B bonds amounting to IDR 333.50 billion and interest of 10.50% per year with a three years tenor, and Series C of IDR 51 billion and 11.50% interest per year with a period of five years.
The proceeds from this corporate action will be used for working capital financing. In this corporate action, SMM appointed PT Sinarmas Sekuritas, an affiliated party as the underwriter and PT Bank Bukopin Tbk (BBKP) as the trustee. (LK/LM)