Jakarta - PT Sarana Multi Infrastruktur plans to issue a maximum of Rp 1.5 trillion in debt securities.

Based on the company's prospectus released Tuesday (7/12), the details are the sale program of Sustainable Bonds III Phase I 2022 worth Rp1 trillion and Sustainable Sukuk Mudharabah II Phase I 2022 Rp500 billion.

Meanwhile, the target of funds raised from the sustainable bonds III program is Rp10 trillion, and the sustainable midharabah sukuk II program is around Rp5 trillion.

The company will use all proceeds from the public offering of these bonds for infrastructure financing activities. Meanwhile, the proceeds from the sukuk mudharabah are for sharia financing through the company's sharia unit.

In this first stage, the company offers bonds in two series, namely series A with a tenor of 370 days and series B with a tenor of 3 years. Ijarah sukuk are also offered in two series.

In order to issue bonds and sukuk ijarah, the