JAKARTA - PT Dian Swastatika Sentosa Tbk (DSSA) is offering Shelf-Registration Bond and Sukuk Mudharabah I Phase III Year 2024 worth a total of IDR 3.5 trillion today (21/11). The entire proceeds of this bond and sukuk issuance will be allocated to pay some of bank loans’ principal and interest.

In the prospectus quoted today (21/11), the bond and sukuk are said to be issued in three series each. For the bond, series A has total value of IDR 199.17 billion with yield of 6.5% per annum (p.a.) for 370 days.

Then, series B is offered for iDR 857.52 billion with yield of 8.125% p.a. for 3 years, while series C is valued at IDR 1.48 trillion with yield of 8.625% p.a. for 5 years.

For the sukuk mudharabah, its principal totals IDR 959.22 billion, split to series A of IDR 199.77 billion, with indicated equivalent of yield of 6.5% p.a. for 370 days; series B of IDR 366.13 billion with yield of 15.588% for 3 years; and series C of IDR 393.91 billion with yield of 8.625% p.a. for 5 years.

The proceeds of this bond issuance will be split into several allocations: 41.7% for bank loans’ principal and interest, 19.1% allocated as loan to PT SMPlus Sentra Data (SMSD), 17.1% for expansion of its internet service provider (EMR), and the remainder also allocated as loan to DSSE.

The joint underwriters include PT Aldiracita Sekuritas Indonesia, PT BCA Sekuritas, PT BNI Sekuritas, PT Mandiri Sekuritas, PT Indo Premier Sekuritas, and PT Trimegah Sekuritas Indonesia Tbk (TRIM). (LK/ZH)