PT Mora Telematics Indonesia Conducts Sustainable Public Offering of Sukuk Ijarah I Phase II/ 2020
August 04, 2020
Email In a statement issued to the press on the 3rd of August 2020, PT Mora Telematics Indonesia (Moratelindo) reported that it is in the process of conducting its Sustainable Public Offering of its Sukuk Ijarah I Phase II of 2020 (Sukuk Ijarah). With a maximum compensation of IDR 277 billion, the offering will be open until the 6th of August 2020.
Moratelindo’s Sukuk Ijarah has been issued without scrip and offered at 100% value, divided into two series. Although not covered with a specific guarantee, the Sukuk Ijarah is guaranteed with all of Moratelindo’s assets. According to the statement released, the underlying assets in the Sukuk issuance are the right to benefit Moratelindo’s backbone and access.
