19 May 2021
PT Sarana Multi Infrastruktur (Persero) (“PT SMI”)’s issuance of U.S. dollar bond offering
Partner Putu Suryastuti from Assegaf Hamzah & Partners acted as the Indonesian legal counsel to PT Sarana Multi Infrastruktur (Persero) (“PT SMI”), a Special Mission Vehicle (SMV) under Indonesia’s Ministry of Finance, that is engaged in the financing and preparation of infrastructure projects. PT SMI issued their debut U.S. dollar bond offering of USD 300 million 5-year Senior Unsecured Fixes Rate Notes (“Notes”). The Notes were issued under their newly established USD 2 billion Euro Medium Term Note Programme and were listed on the SGX on 4 May 2021.