2024
2024 BUYBACK OFFER
INFORMATION TO SUKUK TRAINEES IN CONNECTION WITH THE COMPANY'S PLAN TO REPURCHASE WITH THE SUKUK IJARAH I ANGKASA PURA I 2016 SERIES C OFFERING (“BUYBACK”)
The company plans to repurchase Sukuk I Ijarah I Angkasa Pura I Year 2016 Series C (“Sukuk”) that has been issued and recorded at the Indonesian Central Securities Depository (“KSEI”) with reference to the Trusteeship agreement of Sukuk Ijarah I Angkasa Pura I Year 2016, deed no. 19, dated September 13, 2016, made in the presence of Fathiah Helmi, Bachelor of laws, Notary in Jakarta, following the amendments (“Trusteeship agreement”), with a maximum amount of Rp177.000.000.000,- (one hundred and seventy-seven billion Rupiah).
Schedule
Submission of notification of Buyback plan to OJK : June 14, 2024
Announcement Of Information Disclosure Of Buyback Offer : June 20, 2024
Sukuk Buyback Offer Period : June 24-26, 2024
Sukuk Buyback Payment Date (Settlement Date) : July 3, 2024
Sukuk Buyback Offer
The company plans to buy back the company's Sukuk that has been issued and listed in KSEI with a maximum amount of Rp177, 000, 000, 000,-(one hundred seventy seven billion Rupiah) or all outstanding Sukuk.
The Sukuk in the Buyback will be paid back in full.
The purchase price against the nominal value of the Sukuk repayment is 104.5%, which is planned to be as much as Rp184, 965, 000, 000,-(one hundred eighty - four billion nine hundred sixty-five million Rupiah). The amount of Ijarah installments from May 23, 2024 to July 3, 2024, which will be paid on July 3, 2024, is as much as 1,723,537,500,-(one billion seven hundred twenty three million five hundred thirty seven thousand five hundred Rupiah).
Procedures For Submission Of Sale Offers By Sukuk Holders
Sukuk repurchases can only be made by the company to unaffiliated parties, unless the affiliation occurs due to government ownership or equity participation.
Sukuk holders whose names are recorded in collective custody at KSEI until June 26, 2024 at 15.00 WIB are entitled to submit an offer to sell all of their Sukuk to the company by submitting a completed and signed letter of confirmation of the Sukuk offer, along with all other documents required for the Sukuk offer, to the company during the Sukuk Repurchase Offer Period. The Sukuk offer confirmation letter is available from 24 June 2024 at 09.00 WIB until 26 June 2024 at 15.00 WIB and can be downloaded from the company's website at the address www.ap1.co.id.
Sukuk holders who wish to sell all of their Sukuk (“selling bidder") may submit directly and/or send by courier and/or electronically, from June 24, 2024 until June 26, 2024 before 15.00 WIB. Complete and signed Sukuk offer confirmation letter to the company's office at the following address:
Finance Group
PT Angkasa Pura I
pst.dkf@ap1.co.id
cc: damiana.kristyani@ap1.co.id , yuyun.waryunaningsih@ap1.co.id
Grha Angkasa Pura I
Kota Baru Bandar Kemayoran Blok B.12 Kav. 2
Jakarta Pusat 10610
Subject " submission of Sukuk Ijarah I Angkasa Pura I sale offer 2016 Series C”
The submission of the completed and signed Sukuk Ijarah offer confirmation letter must be accompanied by the following documents:
- Copy of identity (kartu Tanda Penduduk E-KTP/passport) which is still valid (for individual Sukuk Ijarah holders) or photocopy of articles of association and appointment documents of members of the Board of Directors/Management and photocopy of identity of members of the Board of Directors/Management (Kartu Tanda Penduduk E-KTP/passport) who served (for institutional Sukuk Ijarah holders) at the time of
- The original power of attorney (if authorized) stamped Rp10.000,- (ten thousand Rupiah) is accompanied by a photocopy of personal identity (Kartu Tanda Penduduk E-KTP/passport) which is still valid for both the authorizer and the donee.
Transaction Settlement Procedure
- Sukuk repurchases are made at the Indonesian Central Securities Depository.
- The selling bidder following the Repurchase with this offer should instruct the Securities Company / custodian Bank to transfer the Sukuk from the Sub securities account (SRE) into the ksei holding account and send a confirmation letter of the sale offer and its completeness to the company.
- The Securities Company / custodian Bank holding the Sukuk of the selling bidder will instruct KSEI to transfer the Sukuk to be sold into a temporary holding account provided by KSEI (KSEI1-1092-001-96), by providing Delivery free of Payment (DFOP) instructions through the Central Depository-Book Entry Settlement System (“C-BEST”) to KSEI during the Offer Period and no later than June 26, 2024 BEFORE 15.00 WIB.
- The repurchase payment date will be made by KSEI on July 3, 2024. KSEI will distribute Sukuk Ijarah purchase funds by providing Book Transfer instructions (BTS) through C-BEST to each Securities Company/custodian Bank that manages the SRE owned by the selling bidder. Then the Securities Company / custodian Bank will make payment to the selling bidder.
Affiliation between the company and Sukuk holders
As of the date of publication of this announcement, the company does not own Sukuk Ijarah and states that there are no direct affiliated parties of the company as Sukuk Ijarah holders, except for affiliations that occur due to ownership or equity participation of the Government of Indonesia.
Additional Information
- The announcement of the Re-Offer in Media Indonesia dated June 20, 2024 can be [checked here]
- Confirmation Letter of Sukuk Ijarah I Angkasa Pura I Year 2016 Series C offer can be [downloaded here]
BUY BACK OFFER INFORMATION TO BONDHOLDERS IN CONNECTION WITH THE PLAN OF PT ANGKASA PURA I ("COMPANY”) TO REPURCHASE THE OFFERING OF BONDS I ANGKASA PURA I YEAR 2016 SERIES C (“BUY BACK”)
The Company plans to repurchase the company's Bond I that has been issued and registered in the Indonesian Central Securities Depository (”KSEI") with reference to the Trusteeship agreement of Bond I Angkasa Pura I Year 2016, Deed no. 19, dated September 13, 2016, made in the presence of Fathiah Helmi, Bachelor of Law, Notary in Jakarta, following the amendments ("Perjanjian Perwaliamanatan”), with a maximum amount of Rp1.489.000.000.000,- (one trillion four hundred eighty nine billion Rupiah).
Schedule
Submission of notification of Buy Back plan to OJK : June 6, 2024
Announcement Of Information Disclosure Of Buy Back Offer : June 10, 2024
Bond Repurchase Offer Period : June 12-14, 2024
Buy Back Settlement Date : June 28, 2024
Bond Buy Back Offer
The nominal value of the bonds to be bought Back is Rp1.489.000.000.000,- (one trillion four hundred eighty nine billion Rupiah).
The price offered to Buy back bonds is 104.50% of the nominal price or RP1.556.005.000.000,- (one trillion five hundred fifty six billion five million Rupiah)
The amount of accrued interest from the date of the last coupon payment to the date of bond repurchase payment (June 28, 2024) is Rp12.730.950.000,- (twelve billion seven hundred thirty million nine hundred fifty thousand Rupiah), or Rp8.550.000,- (eight million five hundred fifty thousand Rupiah) for each bond ownership of Rp1.000.000.000,- (one billion Rupiah).
Procedures For Submission Of Sale Offers By Bondholders
Bondholders who wish to sell all of their bonds (“bidders") can submit them directly and/or send them by courier and/or electronically, from June 12, 2024 until June 14, 2024 before 15.00 WIB. A completed and signed letter of confirmation of the offer to sell the bonds to the company's office at the following address:
Finance Group
PT Angkasa Pura I
pst.dkf@ap1.co.id
cc: damiana.kristyani@ap1.co.id , yuyun.waryunaningsih@ap1.co.id
Grha Angkasa Pura I
Kota Baru Bandar Kemayoran B.12 Kav. 2, Central Jakarta 10610
With the subject of "Penyampaian Penawaran Jual Obligasi I Angkasa Pura I Tahun 2016 Seri C”
The submission of the completed and signed bond offer confirmation letter must be accompanied by the following documents:
-
Photocopy of identity (E-KTP/passport) which is still valid (for individual bondholders) or photocopy of articles of association and documents of appointment of members of the Board of Directors/Board and photocopy of identity of members of the Board of Directors/Board (E-KTP/passport) who served (for institutional bondholders) at the time of the bond offer confirmation letter submitted; and
-
The original power of attorney (if authorized) stamped Rp10.000,- (ten thousand Rupiah) is accompanied by a photocopy of personal identity (Kartu Tanda Penduduk E-KTP/passport) which is still valid for both the authorizer and the donee.
Transaction Settlement Procedure
-
The bond repurchase is carried out at the Kustodian Sentral Efek Indonesia.
-
The selling bidder following the Repurchase with this offer should instruct the Securities Company / Custodian Bank to transfer the bonds from the sub securities account (SRE) into the ksei holding account and send a confirmation letter of the sale offer and its completeness to the company.
-
The Securities Company / custodian Bank holding the bonds belonging to the selling bidder will instruct KSEI to transfer the bonds to be sold into a temporary holding account provided by KSEI (KSEI1-1092-001-96), by providing Delivery free of Payment (DFOP) instructions through the Central Depository-Book Entry Settlement System (“C-BEST”) to KSEI during the Offer Period and no later than June 14, 2024 BEFORE 15.00 WIB.
-
The repurchase payment date will be made by KSEI on June 28, 2024. KSEI will distribute the bond purchase funds by providing Book Transfer instructions (BTS) through C-BEST to each Securities Company/custodian Bank that manages the SRE owned by the selling bidder. Furthermore, the Securities Company / custodian Bank will make payment to the selling bidder.
Affiliate Relationship Between the Company and Bondholders
As of the date of publication of this announcement, the company has no bonds and states that there are no direct affiliated parties of the company as bondholders, except affiliates that occur due to ownership or equity participation of the Government of Indonesia.
Additional Information
-
Notification of Re-Offer in Media Indonesia dated June 10, 2024 can be [checked here]
-
Download Confirmation Letter of Offer to Sell Bond I Angkasa Pura I Year 2016 Series C can be [downloaded here]
2023
On December 27, 2023, PT Angkasa Pura I took a corporate action in the form of issuing a long-term Sukuk Wakalah Bi Al-Istitsmar Jangka Panjang Yang Dilakukan Tanpa Melalui Penawaran Umum Angkasa Pura I Tahun 2023 of Rp1, 460 billion.
2022
On June 30,2022 PT Angkasa Pura I has taken corporate action in the form of signing a Master Restructuring Agreement between PT Angkasa Pura I and all banking creditors and financial institutions amounting to Rp23.4 trillion as part of the company's transformation which has been declared effective on July 15, 2022.
2021
On September 08, 2021 PT Angkasa Pura I (Persero) has taken corporate actions to support improving the company's performance, namely the issuance of Obligasi Berkelanjutan I Angkasa Pura I Tahap I Tahun 2021 amounting to Rp1, 115.9 billion and Sukuk Ijarah Berkelanjutan I Angkasa Pura I Tahap I Tahun 2021 amounting to Rp496 billion.
2016
In 2016, PT Angkasa Pura (Ltd) has done corporate actions to support the improvement of the performance’s company by producing the issuance of bonds I Angkasa Pura I in 2016 in amount of Rp 2,5 billion and Sukuk Ijarah I Angkasa Pura I in 2016 in amount of Rp 500 billion which has been done on November 22nd, 2016.
