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PT Pegadaian Lists Securities worth IDR 2 Trillion on the IDX, Including IDR 500 Billion Sukuk

PT Pegadaian Lists Securities worth IDR 2 Trillion on the IDX, Including IDR 500 Billion Sukuk

July 13, 2020 | Updated at July 14, 2020

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By IM Insights

Based on official information from the Indonesia Stock Exchange (IDX), PT Pegadaian has officially listed IDR 2 trillion worth of debt securities on the IDX.

The securities comprise Pegadaian’s Phase II Sustainable Bonds 2020 (Phase II Bonds) worth IDR 1.5 trillion and the Pegadaian I Phase II Yearly Sustainable Mudarabah Bonds (Phase II Sukuk) valued at IDR 500 billion.

Bank Mega has been appointed as the Trustee for the issuance, whilst the ratings for the issuances by Pemeringkat Efek Indonesia (Pefindo) are AA for both the Phase II Bonds, as well as the Phase II Sukuk.

According to the IDX, it consists of three Series: Series A carries...