Indonesian Stock Exchange Update: Mining Companies Seeking Funds from Bonds, Eyes Rp 2.5 trillion

- 21 February 2023 01:07 WIB
Pump-jack mining crude oil (Unsplash/Zbynek Burival)
Pump-jack mining crude oil (Unsplash/Zbynek Burival)

JAKARTADAILY.ID - The bond or debt securities market is one of the mainstays for corporations to get fresh funds.

One of the corporations taking advantage of this opportunity from the bond market is PT Merdeka Copper Gold Tbk, an issuer listed on the Indonesia Stock Exchange (IDX) with the stock code MDKA.

The MDKA plan was submitted by Corporate Secretary Adi Adriansyah Sjoekri on 17 February 2023 in a Report on Additional Material Information or Information Facts on the IDX.

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He explained the Improvements to the Additional Brief Information regarding the series of Sustainable Public Offerings (PUB) of the Fourth Sustainable Bonds (IV) MDKA Phase II 2023.

MDKA is targeting a total of Rp 15 trillion in funds from the entire PUB IV 2023 process.

They have completed the First Stage of PUB IV 2023 and have successfully raised Rp 3.1 trillion in funds.

Then in the Second Phase of PUB Sustainability Bonds IV 2023, MDKA intends to reap fresh funds of Rp 2.5 trillion.

This information on the Public Offering of the Second Phase of the 2023 Sustainability Bond IV is disclosed in the IDX's information disclosure document.

MDKA has main business activities in the form of mining for gold, silver, copper, nickel, and other associated minerals.

For those of you who are interested in making money from the MDKA Bonds, consider some of this important information:

First, these bonds are issued scriptless and are offered at a value of 100% (one hundred percent) of the principal amount of the bonds with a fixed interest rate of 6.50% (six point five zero percent) per year.

Second, these bonds are issued within a period of 367 calendar days from the issuance date or about a year.

Third, Bond Interest is paid quarterly, where the first Bond Interest will be paid on June 8, 2023.


Editor: Suksmajati Kumara


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