Jakarta, November 2018 – PT Indonesia Infrastructure Finance (“IIF”) plans to issue the first shelf-registration bond through the Company’s second Initial Public Offering which is expected to raise fund of Rp. 3.000.000.000.000,- (three trillion Rupiah). In the first phase in 2019 is to raise fund of Rp. 1.500.000.000.000,- (one poin five trillion Rupiah). The use of proceed is allocated for business expansion purposes and to refinance IIF’s existing pricipal loan.

Bonds will be issued in three series where the Series A is due on December 2020, Series B is due on December 2022, and Series C is due on December 2024. IIF is confident with this bond issuance due to promising future opportunities of the Company’s such as flourishing infrastructure sector and AAA Rating accredited by PT Pemeringkat Efek Indonesia (Credit Rating Indonesia).

Infrastructure development is one of the highest development priorites of the Indonesian Government, thus making the National infrastructure market highly promising. More than Rp6000 Trillion is needed to boost the nation’s infrastructure development, thereby triggering high demand for infrastructure financing. Such opportunity provides room for IIF to accelerate and to improve private participation in infrastructure development in Indonesia. This opportunity further supports its mandate as a catalyst for financing infrastructure development in Indonesia. Furthermore, as part of financing scheme, IIF conveys Social and Environmental Principles (“SEP”) to the investors as a form of its commitment for sustainable infrastructure development.

IIF has also strong support from its shareholders namely PT Sarana Multi Infrastruktur (Persero) (“SMI”), International Finance Corporation (“IFC”), Asian Development Bank (“ADB”), Deutsche Investitions- und Entwicklungsgesellschaft mbH (“DEG”) and Sumitomo Mitsui Banking Corporation (“SMBC”).

CGS-CIMB Sekuritas Indonesia, Danareksa Sekuritas, Mandiri Sekuritas, Indo Premier Sekuritas, and Trimegah Sekuritas Indonesia are the Joint Lead Underwriter (“JLU”). Acting as the Capital Market Supporting Professionals are; Assegaf Hamzah & Partners as the legal consultant, Ernst & Young as the independent auditor, and PT Bank Mega, Tbk. as the trustee.

IIF hosted the investor gathering at the Ritz-Carlton, Jakarta. The event was held on Monday morning on the 25th of November 2019. The event was commenced with the presentation regarding the company’s performance by IIF’s President Director, Bapak Reynaldi Hermansjah and followed by the Representative from the JLU presented regarding bond offering structure, timeline, and coupons.

PT Indonesia Infrastructure Finance:

PT Indonesia Infrastructure Finance (IIF) is a private non-bank financial institution, that engages in infrastructure financing and advisory services that are managed professionally and focuses on commercially viable infrastructure projects. IIF’s core business aims to support the development and financing of infrastructure in Indonesia by engaging the private sector in both domestic and international and multilateral institutions, thus thriving to be a catalyst.

IIF is established by the Government of the Republic of Indonesia. Ministry of Finance of the Republic of Indonesia along with World Bank, Asian Development Bank (ADB) and other multilateral institutions, in accordance with the Regulation of the Minister of Finance of the Republic of Indonesia (PMK) No 100 of 2009 regarding Infrastructure Financing Company. IIF was established on August 6, 2010, through the Decree of Minister of Finance (KMK) No 439/KM.10/2010.

Products provided by IIF includes senior loan, subordinate loans, and mezzanine loans available in Rupiah (IDR) and the United States Dollar (USD) along with various fee-based services. Advisory services offered by IIF covers financial advisory and project transaction catered to the Public and Private sectors.

In its operations, IIF applies best practices based on international standards in its credit, risk management and all aspects of its corporate governance, and in implementing international social and environmental protection standards to ensure the sustainability of infrastructure development in Indonesia.