JAKARTA – PT Bank OCBC NISP Tbk (NISP) has announced plans to issue Shelf-Registration Bonds IV OCBC Phase I Year 2025 with a maximum principal amount of IDR 1.5 trillion.

The bank is issuing these bonds to support and accelerate its credit distribution growth.

According to the prospectus published in Harian Bisnis Indonesia on Tuesday, 3 June 2025, the bond issuance is part of NISP’s Shelf-Registration Public Offering (PUB) of Shelf-Registration Bonds IV, which targets total funds of IDR 8 trillion.

NISP is offering three bond series under a full commitment scheme: Series A with a tenor of 370 calendar days from the issuance date, Series B with a tenor of 3 years, and Series C with a tenor of 5 years.

Each series will be fully repaid on its respective maturity date.

“All proceeds from this bond public offering, net of issuance costs, will be used by the company to support business growth through loan disbursement,” the NISP management stated.

Coupon payments will be made quarterly according to the specified schedule. The first coupon payment is scheduled for 3 October 2025.

Final interest payments and bond redemptions will take place on 13 July 2026 for Series A, 3 July 2028 for Series B, and 3 July 2030 for Series C.

“Shelf-Registration Bonds IV OCBC Phase II and/or subsequent phases, if any, will be determined at a later date,” the statement added. (DK/KR/ZH)