JAKARTA. PT Wijaya Karya (Persero) Tbk (WIKA) plans to issue bonds and sukuk mudharabah, targeting to raise IDR 2.5 trillion.

These bonds will be a part of the Shelf-Registration Bond II of Wijaya Karya with a target of IDR 3.5 trillion. Similarly, the sukuk mudharabah is also a continuation of the Shelf-Registration Sukuk Mudharabah II of Wijaya Karya worth IDR 1.5 trillion in total.

In the prospectus, WIKA specifies that the bonds will comprise Series A worth IDR 593.93 billion, equipped with a fixed interest rate of 6.50% per year and a three-year tenor. Series B will have a face value of IDR 425.15 billion with a fixed interest rate of 7.75% per year, maturing in five years. Lastly, Series C will be equipped with a face value of IDR 730.90 billion, an 8.30% annual interest rate, and a seven-year tenor.

The important dates are below:

• Effective date: August 31, 2021
• Offering period: February 9-10, 2022
• Allotment date: February 11, 2022
• Order funds return date: February 15, 2022
• Bonds electronic distribution date: February 15, 2022
• IDX listing date: February 16, 2022. (AM/ZH)