PT SUMMARECON AGUNG Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
As of June 30, 2016 unaudited and December 31, 2015 audited and For the period of six months ended June 30, 2016 and 2015 unaudited
Expressed in thousands of Indonesian Rupiah, unless otherwise stated
62
15. BONDS PAYABLE AND SUKUK IJARAH CONTINUED
June 30, 2016 December 31, 2015
Total 29,494,920
29,494,920
Less accumulated amortization of deferred issuance costs inclusive of current amortization of Rp2,734,166 as of June 30, 2016 and
Rp3,789,674 as of December 31, 2015 8,602,020
5,867,854
Neto 20,892,900
23,627,066 Obligasi Berkelanjutan I Tahap I “OB I Tahap I”
On December 11, 2013, the Company issued OB I Tahap I with nominal value of Rp450,000,000 with fixed annual interest of 10,85. Interest is payable quarterly in arrears, which started on March 11, 2014 and continues up to
December 11, 2018. The OB I Tahap I is due on December 11, 2018, The OB I Tahap I has been listed in the Indonesia Stock Exchange since December 11, 2013.
The OB I Tahap I is secured by the Company’s investment property Note 12. PT Pemeringkat Efek Indonesia Pefindo, a securities rating agency in Indonesia, gave a rating of
id
A+ single A plus for the OB I Tahap I in 2015.
Obligasi Berkelanjutan I Tahap II “OB I Tahap II” On October 10, 2014, the Company issued OB I Tahap II with nominal value of Rp800,000,000 with fixed annual interest
of 11,50. Interest is payable quarterly in arrears, which will start on January 10, 2015 and continues up to October 10, 2019, The OB I Tahap II is due on October 10, 2019.
The OB I Tahap II has been listed in the Indonesia Stock Exchange since October 10, 2014. The OB I Tahap II is secured by the Company’s investment property Note 12.
PT Pemeringkat Efek Indonesia Pefindo, a securities rating agency in Indonesia, gave a rating of
id
A+ single A plus for the OB I Tahap II in 2015.
Obligasi Berkelanjutan I Tahap III “OB I Tahap III” On April 22, 2015, the Company issued OB I Tahap III with nominal value of Rp150,000,000 with fixed annual interest of
10,50. Interest is payable quarterly in arrears, which will start on July 22, 2015 and continues up to April 22, 2018, The OB I Tahap III is due on April 22, 2018.
The OB I Tahap III has been listed in the Indonesia Stock Exchange since April 22, 2015. The OB I Tahap III is secured by the Company’s undeveloped land Note 9.
PT Pemeringkat Efek Indonesia Pefindo, a securities rating agency in Indonesia, gave a rating of
id
A+ single A plus for the OB I Tahap III in 2015.
Obligasi Berkelanjutan II Tahap I “OB II Tahap I” On December 16, 2015, the Company issued OB II Tahap I with nominal value of Rp500,000,000 with fixed annual
interest rate of 11,25. Interest is payable quarterly in arrears, which will start on March 16, 2016 and continues up to December 16, 2020, The OB II Tahap I is due on December 16, 2020.
The OB II Tahap I has been listed in the Indonesia Stock Exchange since December 17, 2015. The OB II Tahap I is secured by the Company’s investment property Note 12.
PT Pemeringkat Efek Indonesia Pefindo, a securities rating agency in Indonesia, gave a rating of
id
A+ single A plus for the OB II Tahap I in 2015.
PT SUMMARECON AGUNG Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
As of June 30, 2016 unaudited and December 31, 2015 audited and For the period of six months ended June 30, 2016 and 2015 unaudited
Expressed in thousands of Indonesian Rupiah, unless otherwise stated
63
15. BONDS PAYABLE AND SUKUK IJARAH CONTINUED
