Bond structure:

Issuer

 PT. XL Axiata Tbk (EXCL)

The target proceeds of Shelf Registration bonds

 Rp 5 trillion

Second phase issuance

Rp. 1 trillion

Bonds series

• Series A Rp. 290 billion, fixed coupon rate 7.90%, mature on February 18, 2020, 
• Series B Rp. 191 billion, fixed coupon rate 8.65%, mature on February 8, 2022,
• Series C Rp. 40 billion, fixed coupon rate 9.25%, mature on February 8, 2024,
• Series D Rp. 73 billion, fixed coupon rate 10%, mature on February 8, 2029.

Bonds rating

 AAA (idn) from PT. Fitch Ratings Indonesia

Underwriter

• PT. CGS - CIMB Securities Indonesia (Affiliated),
•  PT. DBS Vickers Sekuritas Indonesia,
• PT. Indo Premier Securities
• PT. Mandiri Sekuritas,
• PT. Maybank Kim Eng Securities

Proceeds usage

 Capital expenditure to increase capacity and expand networks, and improve service quality.

Schedule:

Effective Date

October 8, 2018

Public Offering Period

February 4 - 6, 2019

Allotment Date

February 6, 2019

Bond Electronic Distribution Date

February 8, 2019

Listing Date in Indonesia Stock Exchange

February 11, 2019