JAKARTA - PT Sarana Mutligriya Finansial (Persero) will issue Shelf-Registration Social Bond I Phase IV Year 2024 worth IDR 1.2 trillion. The public offering will start from November 22 to 25, 2024.

In the issued prospectus quoted Monday (11/11), the proceeds from this bond issuance will be used to refinance housing and residential financing in order to promote housing ownership and boost affordable housing projects for low-income household.

The joint underwriters for this bond issuance include PT BCA Sekuritas, PT BNI Sekuritas, PT BRI Danareksa Sekuritas, PT CIMB Niaga Sekuritas, PT DBS Vickers Sekuritas Indonesia, PT Mandiri Sekuritas, and PT RHB Sekuritas Indonesia, taking account of 14.28% each. The bond is secured with full commitment.

As of September 2024, SMF’s total liabilities were recorded at IDR 30.55 trillion, up from IDR 27.10 trillion from the same period in 2023, whereas its total equity slightly increased from IDR 18.23 trillion to IDR 18.55 trillion. Total revenue in this period also increased from IDR 1.50 trillion to IDR 2.12 trillion. (LK/ZH)