Thursday, 06 November 2014
Obligasi dan Sukuk Ijarah Berkelanjutan I Tahap I PT Indosat Tbk Tahun 2014
PT BCAS Sekuritas acts as one of the joint lead underwriters for Obligasi Berkelanjutan I Indosat Tahap I Tahun 2014 and Sukuk Ijarah Berkelanjutan I Indosat Tahap I Tahun 2014. Total size of the bond offered is up to IDR2,200,000,000,000, whereas the sukuk offered is up to IDR300,000,000,000. The bond is offered in four series, namely:
- Series A with maturity period of 3 years and indicative coupon rate of 9.00% - 10.00% per annum,
- Series B with maturity period of 5 years and indicative coupon rate of 9.45% - 10.45% per annum,
- Series C with maturity period of 7 years and indicative coupon rate of 9.65% - 10.65% per annum, and
- Series D with maturity period of 10 years and indicative coupon rate of 9.85% - 10.85% per annum.
The sukuk is offered in three series, namely:
- Series A with maturity period of 3 years and indicative return equivalent to the coupon rate of Series A Bond,
- Series B with maturity period of 5 years and indicative return equivalent to the coupon rate of Series B Bond, and
- Series C with maturity period of 7 years and indicative return equivalent to the coupon rate of Series C Bond.
Bookbuilding period started on 6 November 2014 until 20 November 2014. Distribution date of the bond and sukuk is expected on 10 December 2014 with listing date at Indonesian Stock Exchange on 11 December 2014.