Chicago, June 15 – Perusahaan Penerbit SBSN Indonesia III sold a $3 billion sukuk (BBB) under its $25 billion program, according to a listing notice and the program document.
The special purpose vehicle of the Republic of Indonesia sold $1.25 billion of 1.5% trust certificates due June 9, 2026.
A second tranche of $1 billion 2.55% trust certificates were sold with a June 9, 2031 maturity date.
Additionally, a $750 million tranche due June 9, 2051 was sold with a 3.55% coupon.
The Rule 144A and Regulation S notes were sold by Dubai Islamic Bank PJSC, Standard Chartered Bank, CIMB Investment Bank Bhd., Citigroup Global Markets Inc. and HSBC Ltd.
| Issuer: | Perusahaan Penerbit SBSN Indonesia III
|
| Issue: | Trust certificates
|
| Amount: | $3 billion
|
| Bookrunners: | Dubai Islamic Bank PJSC, Standard Chartered Bank, CIMB Investment Bank Bhd., Citigroup Global Markets Inc. and HSBC Ltd.
|
| Co-managers: | PT BRI Danareksa Sekuritas and PT Trimegah Sekuritas Indonesia Tbk.
|
| Settlement date: | June 9
|
| Rating: | S&P: BBB
|
| Distribution: | Rule 144A and Regulation S
|
|
|
| 2026 sukuk
|
| Amount: | $1.25 billion
|
| Maturity: | June 9, 2026
|
| Coupon: | 1.5%
|
|
|
| 2031 sukuk
|
| Amount: | $1 billion
|
| Maturity: | June 9, 2031
|
| Coupon: | 2.55%
|
|
|
| 2051 sukuk
|
| Amount: | $750 million
|
| Maturity: | June 9, 2051
|
| Coupon: | 3.55%
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
