【SMM Flash News】PT SMI to Issue Rp300B Sustainability Bonds in Q1 2026

Published: Feb 26, 2026 00:44
State-owned financing entity PT Sarana Multi Infrastruktur (PT SMI) plans to issue its "Shelf-Registered Sustainability Bond I Phase II 2026" with an indicative value of Rp300 billion in the first quarter of this year. The proceeds will be used to refinance the Rp465 billion Phase I Series A bonds maturing on July 18, 2026. Management highlighted that the issuance aligns with their 2025 Sustainable Funding Framework, which aims to attract institutional investors with ESG mandates. By utilizing this thematic instrument, PT SMI expects to narrow coupon spreads compared to government bonds while maintaining its top-tier idAAA credit rating.

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