Investor
PT Maruwai Coal (“MC” or the “Company”) conducted a Public Offering of Bonds I of 2026, with an aggregate principal amount of Rp2,000,000,000,000 (two trillion Rupiah), divided into 2 (two) series, as follows:
- Series A has a principal amount of Rp1,219,765,000,000 (one trillion two hundred nineteen billion seven hundred sixty-five million Rupiah), bearing interest at 8.00% per annum, with a tenor of 370 days from the Issue Date and maturing on October 19, 2027.
- Series B has a principal amount of Rp780,235,000,000 (seven hundred eighty billion two hundred thirty-five million Rupiah), bearing interest at 8.75% per annum, with a tenor of 3 years from the Issue Date and maturing on October 9, 2029.
The Bonds have been assigned a rating of idAA (Double A) by PT Pemeringkat Efek Indonesia (Pefindo).
The proceeds from the Bonds, after deducting issuance costs, will be used for the following purposes:
- Approximately 92.11% to finance capital expenditures arising from the development of infrastructure and supporting facilities for mining activities; and
- The remaining proceeds will be used to finance a portion of the Company’s working capital requirements related to its operations, including but not limited to electricity costs and general facility support, which are estimated to be utilized gradually through 2029.
Information regarding the issuance of these bonds can be found in the Prospectus for the Public Offering of Maruwai Coal Bond I Year 2026.