KEWAJIBAN IMBALAN KERJA EMPLOYEE BENEFITS OBLIGATION HUTANG OBLIGASI BONDS PAYABLE
PT BAKRIE SUMATERA PLANTATIONS Tbk. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED JUNE 30, 2010 With Comparative Figures for the Period Ended
June 30, 2009 Expressed in Thousand Rupiah, unless
otherwise stated
61
24. HUTANG OBLIGASI Lanjutan 24. BONDS PAYABLE Continued
Penerimaan dari penerbitan Obligasi akan digunakan oleh Perusahaan sebagai pelunasan
hutang dan untuk keperluan modal kerja. Proceeds from issuing the Notes were used by
the Company for settlement of loan and for working capital requirements.
BSP Finance B.V. menunjuk Bank of New York, cabang London, sebagai trustee, agen
pembayaran, agen transfer dan agen Escrow; dan PT Bank Danamon Indonesia Tbk sebagai Agen
Penjaminan di Indonesia. Berdasarkan tingkat kredit yang diterbitkan oleh Moody’s Investor
Service Inc. dan Standard Poor’s rating group, sebuah divisi dari McGraw-Hill Companies Inc.
tertanggal 19 September 2009, Obligasi mendapat nilai “B-” dan “B-”.
BSP Finance B.V. appointed the Bank of New York, London Branch, as trustee, paying agent,
transfer agent and Escrow agent and PT Bank Danamon Indonesia Tbk as Indonesian
Collateral Agent. Based on credit rating issued by Moody’s Investor Service Inc. and Standard
Poor’s rating Group, a division of the McGraw-Hill Companies Inc. dated September 19, 2009, the
Notes are rated “B-” and “B-”.
Pada tanggal 7 Maret 2007, BSP Finance B.V. menerbitkan Obligasi baru sebesar USD50 juta
dengan tingkat bunga 10,75 dengan persyaratan tertera pada sirkulasi penawaran
tertanggal 27 Februari 2007 dengan harga penerbitan 101 dibawah persyaratan yang sama
dengan Obligasi tertanggal 17 Oktober 2006. Premi dengan jumlah USD500.000 akan
diamortisasi menggunakan metode garis lurus pada durasi Obligasi.
On March 7, 2007 the BSP Finance B.V. issued new 10.75 Notes in the amount of USD50
million under the conditions as reflected in the offering circular dated February 27, 2007 at an
issue price of 101 under the same conditions as the Notes issued on October 17, 2006. The
premium on the amount of USD500,000 on the Notes will be amortized on a straight-line basis
over the duration of the Notes.
Perusahaan “Pemberi Garansi” menyepakati sebuah Perjanjian Garansi “Perjanjian” dengan
BSP Finance B.V. pada tanggal 17 Oktober 2006, dimana Pemberi Garansi setuju untuk membayar
BSP Finance B.V. senilai sama dengan hutang BSP Finance B.V. terhadap para pemegang
Obligasi, kurang dari jumlah dari modal ekuitas perusahaan, sama dengan modal saham yang
telah diterbitkan Perusahaan, dan surplus kontribusi modal atau modal lain Perusahaan
yang relevan untuk memenuhi resiko keadaan ekonomi sesuai dengan Keputusan Kementrian
Keuangan Kerajaan Belanda tertanggal 11 Agustus 2004. Perjanjian ini akan berlanjut
sampai dan akan berakhir dengan pelunasan penuh dari hutang obligasi. Perjanjian ini diatur
dan terikat dengan hukum Kerajaan Belanda. The Company “Guarantor” entered into a
Guarantee Agreement the “Agreement” with BSP Finance B.V. on October 17, 2006 wherein
the Guarantor has agreed to pay BSP Finance B.V. amounts equal to the amounts payable by
BSP Finance B.V. to the holders of the Notes, less an amount of the BSP Finance’s equity
capital, being equal to the BSP Finance’s issued and paid-up share capital and capital surplus
contribution or any other such amount of the BSP Finance’s equity capital as relevant to meet the
substance and economic risk conditions in accordance with the Decree of the Netherlands
Ministry of Finance, dated August 11, 2004. The Agreement will continue until and terminate upon
full payment of the Notes. The Agreement is governed by and construed in accordance with
the laws of the Netherlands.
Rincian hutang obligasi - Senior Notes - bersih pada tanggal 30 Juni 2010 dan 2009 adalah
sebagai berikut: The details of bonds payable - Senior Notes - net
as of June 30, 2010 and 2009 were as follows:
PT BAKRIE SUMATERA PLANTATIONS Tbk. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED JUNE 30, 2010 With Comparative Figures for the Period Ended
June 30, 2009 Expressed in Thousand Rupiah, unless
otherwise stated
62
24. HUTANG OBLIGASI Lanjutan 24. BONDS PAYABLE Continued