MYOR - Issues IDR827.55 bn AA-rated bond

MYOR - Issues IDR827.55 bn AA-rated bond Mayora Indah (MYOR) will issue the third phase of its Sustainable Bonds III in 2025, totaling IDR827.55 bn as part of a Rp2.5 tn fundraising program. The issuance comprises two series—Series A with a 5-year tenor and 5.85% fixed rate, and Series B with a 7-year tenor and 6.15% fixed rate—both offered at 100% of par and paid quarterly, with bullet repayment at maturity. The bonds have received an idAA rating from PEFINDO, reflecting strong credit quality. All proceeds, net of issuance costs, will be loaned to subsidiaries to support working-capital needs, including raw materials and operating expenses. The public offering will take place on 12–15 Dec 2025, allocation on 16 Dec 2025, refund and bond distribution on 18 Dec 2025, followed by listing on the Indonesia Stock Exchange on 19 Dec 2025. (Source : Bisnis Indonesia)