Jakarta - PT Tower Bersama Infrastructure Tbk (TBIG) offers a coupon of 3.60% per annum for the sustainable bonds V phase II in 2021 with a tenor of 370 days.

According to the brief prospectus published on Thursday (25/11), the number of bonds offered in phase II is Rp1.455 trillion, which is part of the target for the sustainable bonds V program with a target of obtaining funds of Rp. 15 trillion.

The company will use the proceeds from the bond offering of US$69.3 million to be loaned to PT Tower Bersama and US$6.3 million to PT Solu Sindo Kreasi Pratama, and the remaining US$21.6 million to TB to fulfill part of its financial obligations related to the revolving loan facility.

The company has obtained a rating from Fitch Ratings Indonesia to issue this bond with an 'AA+' rating.

Meanwhile, the underwriters for the bond issuance are BCA Sekuritas, CIMB Sekuritas Indonesia, DBS Vickers Sekuritas Indonesia, Indo Premier Sekuritas, UOB K