JAKARTA. PT Aneka Gas Industri Tbk (AGII) would issue bonds and sukuk ijarah of IDR 300 billion in total to pay back some maturing debt securities.
AGII has registered the upcoming securities in the Indonesia Central Securities Depository (KSEI) under the name Shelf-Registration Bond II AGII Phase IV Year 2021. This bond is worth IDR 150 billion, offered in three series with the highest interest rate of 10% per year and a seven-year tenor.
Additionally, the company has registered the sukuk ijarah in KSEI under the name Shelf-Registration Sukuk Ijarah II AGII Phase III Year 2021. Sukuk ijarah is also worth IDR 150 billion, offered in two series with the highest profit-sharing instalment rate of IDR 10.77 billion per year and the longest tenor of five years.
In the official statement received by idnfinancials.com, AGII is said to allocate most of the proceeds of the bonds and sukuk issuance to pay several maturing debts by next year. Specifically, IDR 162 billion would be saved for paying back two previous bonds, another IDR 110 billion to cover sukuk ijarah payment, while the rest of them would be channelled to its working capital.
The public offering period of these upcoming securities was scheduled for December 10-14, 2021. The electronic distribution of the bonds would follow on December 17, 2021. It would be concluded with the recording on Indonesia Stock Exchange (IDX) on December 20, 2021. (KR/ZH)