TBS Energi Utama Successfully Issues Rp 448.50 Billion Sukuk

Private Placement Sukuk Issuance

PT TBS Energi Utama Tbk (TOBA) has successfully issued Sukuk Wakalah with a total value of Rp 448.50 billion through a private placement mechanism, bypassing the public offering route. The issuance was formalized through various agreements signed on November 21, 2025.

Key Terms of the Sukuk

The Sukuk Wakalah issued by TOBA has a tenor of 9 years from the issuance date of November 25, 2025. This long-term financing instrument demonstrates the company's ability to secure significant funding through Islamic finance channels. The private placement strategy indicates strong investor confidence in TOBA's financial stability and growth prospects.

Implications for TOBA

This successful Sukuk issuance strengthens TOBA's financial position and provides long-term capital for business operations and expansion. The company's ability to raise substantial funds through this private placement highlights its strong market standing and investor trust.