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Type	Announcement
Subject	OTHERS
Description	ESTABLISHMENT BY PT XL AXIATA TBK (XL), A SUBSIDIARY OF AXIATA, OF SHELF BONDS AND SUKUK IJARAH PROGRAMME AMOUNTING TO IDR5.0 TRILLION EACH IN NOMINAL VALUE (XL BONDS & SUKUK IJARAH)

We refer to the announcement dated 13 September 2018 in relation to the XL Bonds & Sukuk Ijarah (“Announcement”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcement.

We are pleased to announce that XL, a subsidiary of Axiata, had on 9 October 2018 received OJK’s Effective Statement in relation to the Revision/ Additional Information on Abridged Prospectus of the XL Bonds & Sukuk Ijarah programme amounting to IDR5.0 trillion each in nominal value.

These Bonds are issued in scripless and offered at value of 100%, in 5 series, namely:-

 

Series A	:	Principal Amount - IDR328,000,000,000 (fixed interest rate of 8.25% p.a. with a term of 370 Calendar Days as of the Issue Date).
Series B	:	Principal Amount - IDR450,000,000,000 (fixed interest rate of 9.10% p.a., with a term of 3 years as of the Issue Date).
Series C	:	Principal Amount - IDR131,000,000,000 (fixed interest rate of 9.60% p.a., with a term of 5 years as of the Issue Date).
Series D	:	Principal Amount - IDR19,000,000,000 (fixed interest rate of 10.10% p.a. with a term of 7 years as of the Issue Date).
Series E	:	Principal Amount - IDR 72,000,000,000 (fixed interest rate of 10.30% p.a., with a term of 10 years as of the Issue Date).

Bond Interests are payable on quarterly basis, according to the payment date of each Bond Interests. The first Bond Interest payment will be made on 16 January 2019, whereas the last Bond Interest payment in coincidence with the Principal Payment Date of each Bond series will be on 26 October 2019 for Bonds Series A, 16 October 2021 for Bonds Series B, 16 October 2023 for Bonds Series C, 16 October 2025 for Bonds Series D and 16 October 2028 for Bonds Series E.

 

 

These Sukuk Ijarah are issued in scripless, in five (5) series namely:-

 

Series A	:	Total Sukuk Ijarah - IDR358,000,000,000 (Installments - IDR29,535,000,000 p.a., calculated from total Sukuk Ijarah Amount Series A or IDR82,500,000 per IDR 1,000,000,000 p.a. of the total Amount  of Sukuk Ijarah Series A, with a term of 370 Calendar Days as of the Issue Date).
Series B	:	Total Sukuk Ijarah - IDR399,000,000,000 (Installments - IDR36,309,000,000 p.a. calculated from total Sukuk Ijarah Amount Series B or IDR91,000,000 per IDR 1,000,000,000  p.a. of the total Amount of Sukuk Ijarah Series B, with a term of 3 years as of the Issue Date).
Series C	:	Total Sukuk Ijarah - IDR149,000,000,000 (Installments in Return for Sukuk Ijarah amounting to IDR14,304,000,000 p.a. calculated from total Sukuk Ijarah Amount  Series C or IDR96,000,000 per IDR 1,000,000,000 p.a. of the total Amount of Sukuk Ijarah Series C, with a term of 5 years as of the Issue Date).
Series D	:	Total Sukuk Ijarah - IDR34,000,000,000 (Installments in Return for Sukuk Ijarah amounting to IDR3,434,000,000 p.a. calculated from total Sukuk  Ijarah Amount Series D  or IDR101,000,000 per IDR 1,000,000,000 p.a. of the total Amount  of Sukuk Ijarah Series D, with a term of 7 years as of the Issue Date).
Series E	:	Total Sukuk Ijarah - IDR60,000,000,000 (Installments in Return for Sukuk Ijarah amounting to IDR6,180,000,000 p.a. calculated from total Sukuk  Ijarah Amount  Series E  or IDR103,000,000 per IDR 1,000,000,000 per year of the total Excess Ijarah Benefits of Sukuk Ijarah Series E, with a term of 10 years as of the Issue Date).

The Installments in Return for Sukuk Ijarah are payable on quarterly basis, according to the payment date of each Installments in Return for Sukuk Ijarah. The first Installment in Return for Sukuk Ijarah will be made on 16 January 2019 whereas the last Ijarah Installment in Return for Sukuk Ijarah in coincidence with the Repayment Date of Sukuk Ijarah Amount for each of series will be on 26 October 2019 for Sukuk Ijarah Series A, 16 October 2021 for Sukuk Ijarah Series B, 16 October 2023 for Sukuk Ijarah Series C, 16 October 2025 for Sukuk Ijarah Series D, and 16 October 2028 for Sukuk Ijarah Series E.

 

This announcement is dated 9 October 2018.

 

 

This announcement does not constitute a public offer as defined in Indonesian Capital Market Law, Law No. 8 of 1995 or an offer to sell or the solicitation of an offer to buy any securities in Indonesia, Malaysia, the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No securities may be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Any public offering of such securities to be made in the United States will be made by means of a prospectus. Such prospectus will contain detailed information about the company making the offer and its management and financial statements. No public offer of securities is to be made by Axiata or XL in the United States.

 No approval from the Securities Commission of Malaysia (“SC”) is or will be obtained under the Capital Markets and Services Act 2007 (“CMSA”) in respect of the securities, and no prospectus which complies with the requirements of the CMSA and the guidelines of the SC has been registered with the SC pursuant to the CMSA or with any other regulatory body in Malaysia. No securities may be offered or sold to any person in Malaysia, except to a person falling within paragraphs 7, 8, 9, 11, 12, 13 or 14 of Schedule 6 of the CMSA, or any other persons as may be specified by the SC in any guideline issued under Section 377 of the CMSA, by a holder of a Capital Markets Services Licence who carries on the business of dealing in securities.

 

 

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Announcement Info

Company Name	AXIATA GROUP BERHAD
Stock Name	AXIATA
Date Announced	09 Oct 2018
Category	General Announcement for PLC
Reference Number	GA1-09102018-00069