Perusahaan Penerbit SBSN Indonesia III Sukuk USD 1,250,000,000 3.75% 1-Mar-2023 (Tranche 1) and USD 1,750,000,000 4.40% 1-Mar-2028 (Tranche 2) - Summary of Issuance

Transcription

1. PERUSAHAAN PENERBIT SBSN INDONESIA III ISSUE OF U .S.$1,250,000,000 3.75% TRUST CERTIFICATES DUE 2023 (“TRANCHE 1”), AND U.S.$1,750,000,000 4.40% TRUST CERTIFICATES DUE 2038 (“TRANCHE 2”) UNDER THE U.S.$25,000,000,000 TRUST CERTIFICATE ISSUANCE PROGRAM (“PROGRAM”) Issuer Perusahaan Penerbit SBSN Indonesia III (“PPSI-III”). Obligor Republic of Indonesia (the “Republic”). Issue Date 1 March 2018. Issue Size Tranche 1 U.S.$1,250,000,000. Tranche 2 U.S.$1,750,000,000. Tenor Tranche 1 5 years. Tranche 2 10 years. Scheduled Dissolution Date Tranche 1 1 March 2023. Tranche 2 1 March 2028. Periodic Distribution Rate Tranche 1 3.75% per annum payable semi-annually. Tranche 2 4.40% per annum payable semi-annually. Issue Price Tranche 1 100 per cent. of the aggregate nominal amount issued. Tranche 2 100 per cent. of the aggregate nominal amount issued. Method of Distribution Bookrunning (Syndicated). Arrangers, Dealers Abu Dhabi Islamic Bank PJSC, CIMB Investment Bank Berhad, Citigroup and Lead Managers Global Markets Inc., Dubai Islamic Bank PJSC and The Hongkong and Shanghai Banking Corporation Limited. Co-Managers PT Bahana Sekuritas, PT Danareksa Sekuritas and PT Trimegah Sekuritas Indonesia Tbk. Denominations U.S.$200,000 and integral multiples of U.S.$1,000 in excess thereof. Use of Proceeds The proceeds of each Series of Certificates issued under the Program will be applied by the Issuer for the purchase of the Assets (defined in the Offering Memorandum dated 23 January 2018 as supplemented on 5 February 2018 and 22 February 2018 (“Offering Memorandum”)) relating 0
2. to the relevant Series from the Republic . Unless otherwise specified in the pricing supplement for each Series of Certificates issued under the Program, the Republic will use the proceeds it receives to meet part of its general financing requirements. In relation to Tranche 1, the Republic will use the proceeds it receives from the issue of the Certificates exclusively to finance or re-finance expenditure directly related to “Eligible Green Projects” as defined in the Green Bond and Green Sukuk Framework of the Republic set out in the appendix to the Offering Memorandum. Selling Restrictions There are restrictions on the distribution of the Offering Memorandum and the offer or sale of Trust Certificates in the United States, the United Kingdom, the European Economic Area, Hong Kong, Japan, Singapore, Brunei, the United Arab Emirates, Dubai International Financial Centre, the Kingdom of Saudi Arabia, the State of Qatar, the Kingdom of Bahrain, Kuwait, Malaysia and Switzerland. Issue Structure Wakala Series. Form of the Certificates Registered Certificates. Clearing Systems The Depository Trust Company, Euroclear SA/NV and/or Clearstream Banking, S.A. Ratings The Trust Certificates are rated: Moody’s: Baa3 Fitch: BBB Standard & Poor’s: BBB- Listings The Program is listed on Nasdaq Dubai and Singapore Exchange Securities Trading Limited. 1