Issuer Owned By Hary Tanoe, Global Mediacom Issues Bonds And Sukuk Ijarah Targets IDR 1.7 Trillion

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JAKARTA - PT Global Mediacom Tbk (BMTR) will issue Shelf-Registered Bonds IV Global Mediacom Phase I and Shelf-Registered Sukuk Ijarah Phase I, by targeting to raise funds of IDR 1.7 trillion.

BMTR President Director Hary Tanoesoedibjo in a press conference in Jakarta, Friday, explained that the company held a Sustainable Public Offering (PUB) of Shelf-Registered Bonds IV Global Mediacom Phase I with a total principal amount of IDR 850 billion.

Quoting Antara, the company owned by Hary Tanoesoedibjo offers bonds in three tenors, namely 370 calendar days, 3 and 5 years, with bond coupons in the range 8.75 - 9.25 percent for the calendar's 370 tenor, in the range 9.75 - 10.25 percent for 3 years, and 10.75 - 11.25 percent for 5 years. year.

Meanwhile, bond interest is paid every quarter, according to the bond interest payment date.

Simultaneously, BMTR also issued Phase IV Sustainable Sukuk Ijarah I with a total remaining amount of IDR 850 billion.

Sukuk Ijarah is offered in three tenors, namely 370 Calendar Days, 3 years and 5 years, with a distribution of installments of injuries offered in the range of 8.75 - 9.25 percent for the calendar's 370 Hari tenor, in the range of 9.75 - 10.25 percent for 3 years, and 10.75 - 11.25 percent for 5 years. year.

Meanwhile, installments of Ijarah's reward are paid in each quarter according to the payment date of installments for Ijarah's reward.

In the context of issuing these Bonds and Sukuk Ijarah, BMTR has obtained rating results on Securities of Debt and Sukuk Ijarah from PT Pemeringkat Efek Indonesia (Pefindo) namely idA+ (single A plus) and idAsy+ (single A plus sharia).

Meanwhile, acting as the Underwriters is PT Bahana Sekuritas, PT BRI Danareksa Sekuritas, PT MNC Sekuritas, PT RHB Sekuritas Indonesia, PT Shinhan Sekuritas Indonesia and PT Sucor Sekuritas. Meanwhile, PT Bank Rakyat Indonesia (Persero) Tbk acted as trustee.

Hary Tanoe explained that the initial offering period (book building) of Bonds and Sukuk Ijarah is scheduled for June 15 June 23, the estimated effective date is June 28, 2023, the Public Offering period on June 30 July 3, 2023, the allotment on July 4, 2023, and the listing on PT Bursa Efek Indonesia (IDX) on July 7, 2023.

He continued that all funds obtained from the proceeds of the offer, after deducting the costs of issuance of Bonds and Sukuk Ijarah, would be used for partial repayment (refinancing) of Debt Securities that the company had not yet paid off.

Meanwhile, the rest are for financing daily operational needs, including not being devoted to paying employee salaries, paying business debts, financing operational activities and others.