Information on Bonds, Sukuk and/or Converted Bonds and Other Financing
Information on Bonds
| No. | Description | Issuance Date | Tenor (year) | Currency | Total Bonds/Sukuk (million) | Maturity Date | Interest Rate (%) | Payment Status | Rating | Trustee |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Jasa Marga XIV (JM-10) | 12 October 2010 | 10 | Rp | 1,000,000 | 12 October 2020 | 9.35 | Paid off | idAA by Pefindo | PT Bank Mega Tbk |
| 2 | Bonds I Marga Lingkar Jakarta Year 2017 | 8 November 2017 | Series A: 3 Series B: 5 Series C: 7 Series D: 10 Series E: 12 |
Rp | Series A: 200,000 Series B: 217,000 Series C: 299,000 Series D: 320,000 Series E: 464,000 |
Series A: 8 November 2020 Series B: 8 November 2022 Series C: 8 November 2024 Series D: 8 November 2027 Series E: 8 November 2029 |
Series A: 7.45% Series B: 7.75% Series C: 8.30% Series D: 8.70% Series E: 8.85% |
Series A: Paid off Series B-E: Not Yet Paid off |
idAAA (sf) by Pefindo | PT Bank Mega Tbk |
| 3 | Komodo Bond* | 11 December 2017 | 3 | Rp | 4,000,000 | 11 December 2020 | 7.5 | Paid off | Baa3 (Stable) by Moody’s BB- (Stable) by S&P |
Bank of New York Mellon |
| 4 | Shelf Registration Bonds II Jasa Marga Phase I Year 2020 | 8 September 2020 | Series A: 3 Series B: 5 Series C: 7 Series D: 10 |
Rp | Series A: 1,100,350 Series B: 286,000 Series C: 90,050 Series D: 523,600 |
Series A: 8 September 2023 Series B: 8 September 2025 Series C: 8 September 2027 Series D: 8 September 2030 |
Series A: 7.90% Series B: 8.25% Series C: 8.60% Series D: 9.00% |
Not Yet Paid off | idAA- by Pefindo | PT Bank Mega Tbk |
*) Note: listed at London Stock Exchange (LSE) and Singapore Stock Exchange (SGX)
Information on Sukuk
In 2019, through PT Jasamarga Pandaan Tol (JPT) as a Joint Venture Entity, the Company issued Medium-Term Ijarah Sukuk, with detail information, as follows:
| No. | Description | Issuance Date | Tenor (year) | Currency | Total Bonds/Sukuk (million) | Maturity Date | Interest Rate (%) | Payment Status | Rating | Trustee |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Medium-Term Ijarah Sukuk PT Jasamarga Pandaan Tol Year 2019 | 19 July 2019 | Series A: 3 Series B: 5 |
Rp | Series A: 100,000 Series B: 685,000 |
Series A: 17 July 2020 Series B: 17 July 2024 |
Series A: 8.50% Series B: 9.00% |
Not Yet Paid off | idA+(sy) by Pefindo | PT Bank Mega Tbk |
Information on Converted Bonds
In 2021, Jasa Marga did not issue any converted bonds. Therefore, the Company does not have any information about converted bonds.
Information on Other Sources of Financing
| No. | Description | Issuance Date | Term (year) | Currency | Value (milion) | Maturity Date | Yield (%) | Purpose of Issuance |
|---|---|---|---|---|---|---|---|---|
| 1 | Assets-Backed Securities Collective Investment Contract (KIK-EBA) Mandiri JSMR01 – Right of (Hak) on Jagorawi Toll Revenues | 2017 | 5 | Rp | 2,000,000 | 2022 | 8.40% | Financing new toll road development |
| 2 | Limited Participation Mutual Fund in Mandiri’s Transjava Infrastructure Equity (RDPT MIET) | 2018 | - | Rp | 1,970,000 | - | - | Financing equity at PT Jasamarga Semarang Batang, PT Jasamarga Solo Ngawi and PT Jasamarga Ngawi Kertosono |
| 3 | Infrastructure Investment Funds Collective Investment Contract (KIK-DINFRA) Toll Road Mandiri 001 | 2019 | - | Rp | 1,303,400 | - | - | Financing equity at PT Trans Marga Jateng, PT Jasamarga Pandaan Tol |
| 4 | Commercial Papers I Jasa Marga Year 2020 | 2020 | 1 | Rp | 566,000 | 2021 | 6.80% | Improving the Company's cash flows in the current period and can also be used as the Company's working capital and capital expenditure |