Jakarta, 20 November 2023 – PT Indonesia Infrastructure Finance (IIF) to seize opportunities arising from growing infrastructure development projects in Indonesia. To capitalize on this momentum, the Company took a strategic plan in a form of Second Shelf Registered Bonds Indonesia Infrastructure Finance 1st Issuance in Year 2023 issuance to strengthen the working capital in capturing the potential of sustainable infrastructure development projects.

On Friday, 17 November 2023, Otoritas Jasa Keuangan (OJK) has given the Company the pra-effective regarding this corporate action. In regards to this corporate action, Pefindo as a rating agency has assigned a rating of idAAA for the bonds issuance. Through this bonds IIF aims to raise funds amounting to IDR500 billion, divided into 3 series. Serie A for a period of 1 year, Serie B for a period of 3 years, and Serie C for a period of 5 years.

The public offering period is scheduled to begin on 15 – 18 December 2023. Subsequently, the allocation date is on 19 December 2023, followed by the electronic distribution date on 21 December 2023. The listing date on the Indonesia Stock Exchange (IDX) is 22 December 2023. In this corporate action, IIF appointed Mandiri Sekuritas as lead arranger, BCA Sekuritas, BRI Danareksa Sekuritas, BNI Sekuritas, and Indopremier as the Underwriters, while Bank Mega was appointed as the custodian.

As an effort to expand its business, IIF pursuit to involve the public to actively participate and contribute to the growth of sustainable infrastructure projects in Indonesia through investment instruments.

The sustainable infrastructure projects referred are those that have and adhere to Environmental, Social, Governance (ESG). President Director of IIF, Reynaldi Hermansjah emphasised that one of IIF’s uniqueness and advantages compared to other financing institutions is that IIF has a profound understanding and experience in implementing ESG.