Chandra Asri Pacific Issues Rp 1.5 Trillion Bonds to Fuel 2026 Expansion

Strategic Bond Issuance

PT Chandra Asri Pacific Tbk (TPIA), a leading player in Indonesia's petrochemical industry, has announced a significant bond issuance worth Rp 1.5 trillion as part of its Continuing Bond V Chandra Asri Pacific Phase I Year 2025. The bond is structured across three series: Series A with a 3-year tenor, Series B with 5 years, and Series C maturing in 7 years. The bonds are expected to be listed on the Indonesia Stock Exchange (IDX) on January 14, 2026.

Utilization of Proceeds

The net proceeds from the bond issuance, after deducting emission costs, will be entirely allocated to working capital requirements, including the purchase of raw materials essential for the company's operational activities. This strategic financial maneuver is poised to strengthen TPIA's liquidity position and support its production capabilities throughout 2026.

Business Outlook for 2026

The bond issuance is a clear indication of TPIA's commitment to maintaining a robust business trajectory heading into 2026. The company's management has expressed confidence in its growth prospects, driven by the ongoing demand in the petrochemical sector. With this substantial financial backing, TPIA is well-positioned to capitalize on emerging opportunities and navigate potential market challenges effectively.

Market Implications

The successful execution of this bond issuance not only demonstrates investor confidence in TPIA's creditworthiness but also underscores the company's strategic financial management. As the petrochemical industry continues to evolve, TPIA's proactive approach to securing funding highlights its dedication to sustainable growth and operational excellence.