Chandra Asri Pacific Plans Significant Bond Issuance for Capital Expansion

Details of the Bond Issuance

PT Chandra Asri Pacific Tbk (TPIA), a leading petrochemical company in Indonesia, has announced its plan to issue Continuing Bond V Chandra Asri Pacific Phase I 2025 worth up to Rp1.5 trillion. The bond issuance is structured in three series:

1. Series A: 3-year maturity
2. Series B: 5-year maturity
3. Series C: 7-year maturity

The bond will pay interest quarterly, starting from the issuance date. The initial offering period is scheduled for December 18-23, 2025, with the effective date expected on December 30, 2025. The public offering will follow during January 5-8, 2026, with allocation expected on January 9, 2026.

Strategic Implications

This significant bond issuance demonstrates Chandra Asri Pacific's strategic approach to capital management and expansion plans. The funds raised are likely to be used for business expansion, debt restructuring, or capital expenditures in their petrochemical operations. The company's ability to secure such a large amount indicates strong investor confidence in their business prospects.