JAKARTA. PT Sinar Mas Multiartha Tbk (SMMA), a financial service company under Sinarmas Group, issues the Shelf-Registration Bonds II Phase IV Year 2022 with a principal of IDR 784.72 billion.
Said bonds are a part of the public offering program of Shelf-Registration Bonds II of SMMA with a collective target of IDR 5 trillion. SMMA had previously issued bonds phase I to III with a total principal of IDR 4.22 trillion.
For this fourth round of bonds issuance, SMMA will offer an annual fixed interest rate of 10.52%, which will be paid every three months. Meanwhile, the tenor has been set to 10 years.
The public offering of Bonds Phase IV of SMMA is scheduled to take place on December 8-9, 2022. Then, the electronic distribution of bonds will follow on December 9, 2022, before being listed on Indonesia Stock Exchange (IDX) on December 15, 2022.
SMMA has assigned PT Aldiracita Sekuritas Indonesia as the lead underwriter for this bonds issuance. (KR/ZH)