JAKARTA. PT Profesional Telekomunikasi Indonesia, a subsidiary of PT Sarana Menara Nusantara Tbk (TOWR), will issue bonds with a principal of IDR 2.91 trillion.

These bonds will be issued under the title Shelf-Registration Bonds III of Protelindo Phase II Year 2023. Protelindo will then offer bonds in two series, series A of IDR 2.76 trilion and series B of IDR 145.35 billion.

The coupon offered with series A bonds is 6.35% per annum, along with a tenor of 370 days. Meanwhile, the coupon for series B bonds will be set to 6.60% per year, and the tenor of 3 years.

Several parties assigned by Protelindo as the underwriters for this bonds issuance include PT BCA Sekuritas, PT BNI Sekuritas, PT CIMB Niaga Sekuritas, and PT Mandiri Sekuritas. Then, PT Bank Permata Tbk (BNLI) will act as the trustee.

The period of public offering of these bonds is scheduled to take place from March 15 to 16, 2023, followed by the electronic distribution on March 21, 2023. Then, the listing on Indonesia Stock Exchange is set on March 24, 2023. (KR/ZH)