JAKARTA - PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) will issue Shelf-Registration Green Bond I Phase III Year 2024 worth IDR 2.5 trillion on March 7-8, 2024.

In the short prospectus quoted today (27/2), this bond will be offered in three series. It consists of series A of IDR 1.3 trillion with fixed interest of 6.15% per annum (p.a.) for 370 days, series B of IDR 879.43 billion with fixed interest of 6.25% p.a. for two years, and series C of IDR 382.90 billion with interest rate of 6.25% p.a. for 3 years.

The bond is guaranteed with full commitment. The joint underwriters comprise PT BCA Sekuritas of 8.57%, PT BNI Sekuritas of 15.09%, PT BRI Danareksa Sekuritas of 34.34%, PT Mandiri Sekuritas of 11.56%, PT Maybank Sekuritas Indonesia of 13.56%, and PT Trimegah Sekuritas Indonesia Tbk (TRIM) of 16.88%.

The entire proceeds of this green bond issuance will be utilised to fund green activities and enhance working capital. (LK/ZH)