Jakarta. Chandra Asri Group announced Wednesday that it had completed its Shelf Registration Bond Program V (PUB V) with a total issuance value of Rp 6 trillion. 

The completion was marked by the successful issuance of PUB V Phase III amounting to Rp 2.25 trillion, which was oversubscribed, demonstrating strong investor confidence in the hroup’s business fundamentals, financial discipline, and long-term prospects amid a selective funding market environment.

The strong demand for the final issuance underscores continued market confidence in Chandra Asri Group’s resilience and ability to deliver sustainable growth while maintaining prudent financial management.

“The successful completion of our PUB V program and the strong investor demand reflected in the oversubscription of the final bond issuance demonstrate investors continued confidence in

Chandra Asri Group’s business fundamentals and future growth trajectory.” Group CFO and Director of Chandra Asri Group Andre Khor said.

He went on to say that the company would remain committed to maintaining financial discipline, while strengthening its “operational excellence and competitiveness”.

“This support enables us to continue executing our long-term growth strategy and contribute to the economic development of Indonesia and the broader Southeast Asia region,” Andre said.

The PUB V was issued in three phases, comprising Phase I (Rp 1.5 trillion), Phase II (Rp 2.25 trillion), and Phase III (Rp 2.25 trillion), bringing the total issuance value to Rp 6 trillion.

Proceeds from the bond issuance will be used to meet the group’s working capital requirements, primarily to support the procurement of production raw materials for its operational activities. Chandra Asri also wrote that the completion also further enhanced its financial flexibility, hence advancing its long-term growth strategy.

Going forward, Chandra Asri Group plans to continue diversifying and optimizing its funding sources. These moves aim to support its sustainable growth, maintain financial resilience, and create long-term value for all stakeholders.

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