Aneka Gas to Issue Securities worth IDR 17 Billion, Including IDR 5 Billion Sukuk

http://islamicmarkets.com/articles/aneka-gas-to-issue-securities-worth-idr-17-billion-including
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Based on official information from the Indonesia Stock Exchange (IDX), Aneka Gas Industri (Aneka Gas) will issue securities worth IDR 17 billion on the 18th of August, 2020. The securities comprise of Sustainable Sukuk Ijarah II Aneka Gas Phase I 2020 (Sukuk Ijarah) worth IDR 5 billion and Sustainable Bonds II Aneka Gas Phase I 2020 (Sustainable Bonds) valued at IDR 12 billion.

The Sukuk Ijarah, which will have a five-year tenure, will have a value of IDR 5 billion with repayments of IDR 527.5 million per year, or IDR 105.5 billion for every multiple of IDR 1 billion per annum of the remaining amount.

Meanwhile, the Sustainable Bonds will consist of three series: Series A carries...