• EN
  • ID
Instagram
Twitter
Linkedin
Youtube
  • HOME
  • ABOUT US
    • Overview
    • Vision, Mission and Core Value
    • Corporate Policy
    • Corporate Structure
    • Awards & Certificates
    • Management
  • PRODUCTS
  • SUSTAINABILITY
    • Corporate Governance
      • Charters
    • Corporate Social Responsibility
  • INVESTOR RELATIONS
    • Information for Investors
    • Reports
      • Annual Report
      • Sustainability Report
      • Other
  • MEDIA
  • TENDER
    • Open Tender EPCC Jetty and Propylene Storage Tank
    • Pre-Qualification (PQ) PPB
    • Pre-Qualification (PQ) Result Annoucement
  • CAREER
  • CONTACT US
Menu
  • HOME
  • ABOUT US
    • Overview
    • Vision, Mission and Core Value
    • Corporate Policy
    • Corporate Structure
    • Awards & Certificates
    • Management
  • PRODUCTS
  • SUSTAINABILITY
    • Corporate Governance
      • Charters
    • Corporate Social Responsibility
  • INVESTOR RELATIONS
    • Information for Investors
    • Reports
      • Annual Report
      • Sustainability Report
      • Other
  • MEDIA
  • TENDER
    • Open Tender EPCC Jetty and Propylene Storage Tank
    • Pre-Qualification (PQ) PPB
    • Pre-Qualification (PQ) Result Annoucement
  • CAREER
  • CONTACT US

“Polytama Issues Limited Medium Term Notes I”

  • March 4, 2022

PT Polytama Propindo issued a limited Medium Term Notes I for 2022 worth of Rp. 220,500,000,000. This fund will be used for additional working capital to finance polypropylene production activities, Financing the procurement of propylene tanks in order to increase business capacity.

Credit Gurantee & Investment Facility (CGIF) acts as guarantor for all installments of ijarah fees and the remaining ijarah fees that must be paid. (CGIF) is a trust fund instituion (Trust Fund) of the Asian Development Bank and is jointly owned by ASEAN countries, Japan, China, and South Korea . (CGIF) priority focus is to provide credit guarantees for the issuance of Notes and sukuk in local currency by issuers in ASEAN, including Indonesia.

For this guarantee from (CGIF), PT Pemeringkat Indonesia (Pefindo) has assigned an idAAAsy (cg) rating to Polytama’s 2022 Medium Term Notes I.

In the issuance of the Notes, Polytama appointed PT CIMB Sekuritas as the underwriter for the issuance and as a stand-by-buyer. This corporate action is Polytama’s step in optimizing financing.

Through the signing by Mr. Uray Azhari and Mr. Syawaludin Azwar and ratified before notary Nanette Cahyanie Handari Adi in Jakarta, the Polytama’s Medium Term Notes I 2022 is officially effective.

 1,466 total views

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
PrevPrevious“Supporting the Advancement of Indonesian Press, Polytama Participates in the Commemoration of the 2022 National Press Day”
Next“Polytama Supports the Commemoration of 2022 National Waste Awareness Day”Next

PT Polytama Propindo Copyrights
©2021 - All rights reserved.

Search
Menu
  • HOME
  • ABOUT US
    • Overview
    • Vision, Mission and Core Value
    • Corporate Policy
    • Corporate Structure
    • Awards & Certificates
    • Management
  • PRODUCTS
  • SUSTAINABILITY
    • Corporate Governance
      • Charters
    • Corporate Social Responsibility
  • INVESTOR RELATIONS
    • Information for Investors
    • Reports
      • Annual Report
      • Sustainability Report
      • Other
  • MEDIA
  • TENDER
    • Open Tender EPCC Jetty and Propylene Storage Tank
    • Pre-Qualification (PQ) PPB
    • Pre-Qualification (PQ) Result Annoucement
  • CAREER
  • CONTACT US
Instagram
Twitter
Linkedin
Youtube
  • EN
  • ID