Termination of Sustainable Bonds Phase I of PT Profesional Telekomunikasi Indonesia
Jakarta, November 12, 2018 | Source: Company

We refer to Sustainable Bonds I of Protelindo Phase I Year 2016 (“Sustainable Bonds Phase I”) which obtained the effective letter from OJK pursuant to Letter Number. S-375/D.01/2016 dated 17 November 2016.

We hereby convey to OJK that with regards to the current market conditions and considering other commercial aspects such as the competitive interest rates from Banks and/or financial institutions, therefore we hereby convey that the Company will discontinue and cancel the remaining amount under Sustainable Bonds Phase I.

Until now, the amount of Sustainable Bonds Phase I which has been collected until now is as follows:

  • Principal amount of Serie A Bond is IDR661,000,000,000,

  • Principal amount of Serie B Bond is IDR36,000,000,000, and

  • Principal amount of Serie C Bond is IDR103,000,000,000.

Further, in relation with OJK Regulation No. 36/POJK.04/2014 regarding Shelf Registration (“POJK 36/2014”), the Company will announce the said information to OJK and the public pursuant to Article 12 of POJK 36/2014.

Thereby we conclude this announcement pursuant to Article 12 of POJK 36/2014.

Thank you for your attention and cooperation.

Best regards,

PT Profesional Telekomunikasi Indonesia