Dian Swastatica Issues IDR 7 Trillion Mudharabah Bonds And Sukuk

Photo: Doc. Antara

JAKARTA - PT Dian Swastatica Sentosa Tbk (DSSA) will immediately conduct a Sustainable Public Offering (PUB) of Shelf-Registered Bonds I with a total value of Rp4.2 trillion and Sustainable Sukuk Mudharabah I with a total value of Rp2.8 trillion.

For the initial stage, Deputy President Director of DSSA Lokita Prasetya explained that the bonds offered consisted of Shelf-Registered Bonds I DSSA Phase I Year 2024 worth Rp350 billion and Shelf-Registered Sukuk Mudharabah I DSSA Phase I Year 2024 worth Rp150 billion.

"This offering is one of several financing options that will further strengthen the company's financial position in the future, to support the transformation step towards the green business and the development of the technology business," Lokita said in an official statement in Jakarta, quoted from Antara, Thursday, March 21.

He explained that this offer consists of series A with interest or profit sharing rates equivalent to 7.00- 7.50 percent per year and a period of 370 days, and series B with interest or rate sharing equivalent to 7.50- 8.50 percent per year and a period of three years. year.

Then, Series C with interest or profit sharing rate is equivalent to 8.25- 9.00 percent per year and a period of five years.

"Custom payments are made regularly every three months," said Lokita.

He revealed that the proceeds from the Sustainable Bonds I and Sustainable Sukuk Mudharabah I emissions after deducting the emission costs of around 70 percent will be allocated for the business development of providing internet services and multimedia for subsidiaries, namely PT Eka Mas Republik.

"Meanwhile, the rest are for working capital and other company needs," said Lokita.

He continued, the Sustainable Bonds I and Sustainable Sukuk Mudharabah I of the company received idAA (Double A) and idAA (Double A Syariah) ratings from PT Pemeringkat Efek Indonesia (Pefindo).

Meanwhile, the book building period will start from March 19, 2024 to March 25, 2024, with a public offering period planned from April 2, 2024 to April 5, 2024 and allotments on April 16, 2024, and investors can make payments on April 17, 2024.

Furthermore, the distribution of Shelf-Registered Bonds I and Shelf-Registered Sukuk Mudharabah I electronically and refunds to holders on April 18, 2024, and is planned to be listed on the Indonesia Stock Exchange (IDX) on April 19, 2024.

In its action, acting as the underwriter for the issuance of Shelf-Registered Bonds I and Shelf-Registered Sukuk Mudharabah I are PT Aldiracita Sekuritas Indonesia, PT BCA Sekuritas, PT BNI Sekuritas, PT Mandiri Sekuritas and PT Trimegah Sekuritas Indonesia Tbk.