IATA issues Bonds and Sukuk in three series
JAKARTA - PT MNC Energy Investments Tbk (IATA) issues Shelf Registration Bonds and Sukuk I Phase I 2023 worth a total of IDR 750 billion, each in three series.
In the disclosure of information quoted on Thursday (5/10), this issuer issued Shelf Registration Bonds Phase I 2023 amounting to IDR 500 billion in Series A amounting to IDR 250 billion, Series B IDR 149.82 billion, and Series C IDR 100.17 billion.
The interest rate for Series A Bonds is set at 10.75% for a period of 370 days. For Series B, the interest rate is set at 11.25% per year for three years and Series C 11.50% per year for five years.
For Shelf Registration Sukuk I Phase I 2023, Series A is offered at IDR 100 billion with a wakalah yield equivalent to 10.75% per year for 370 days. Series B is IDR 49.30 billion with wakalah yield equivalent to 11.25% per year for three years, and Series C is offered at IDR 100.70 billion with wakalah yield equivalent to 11.50% per year for five years.
The appointed trustee for the bond and sukuk issuance is PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) and the managing underwriter is PT MNC Sekuritas (affiliated). (LK/LM)