PT Tower Bersama Infrastructure Tbk (TBIG) Announces Rupiah Bond Issuance
JAKARTA, 11 December 2025 – PT Tower Bersama Infrastructure Tbk ("TBIG") announces that it has closed its Continuous Rupiah Bond VII Phase II Year 2025 (“TBIG Bond VII Phase II”) and its Sukuk Ijarah I Phase II Year 2025 (“Sukuk Ijarah I Phase II’’).
The TBIG Bond VII Phase II has a total issuance size of IDR1,600 billion consisted of IDR347.985 billion at a fixed interest rate of 5.50% for a tenor of 3 years and IDR1,252.015 billion at a fixed rate of 5.85% for a tenor of 5 years. The TBIG Bond VII Phase II will constitute senior unsecured obligations of TBIG and have quarterly coupon payments. The use of net proceeds will be to partially repay the Company’s existing financial liabilities, in particular the Continuous Rupiah Bond VI Phase IV Year 2024 Series A that will be due in December 2025 and the remaining to partially repay the existing IDR loan.
The Sukuk Ijarah I Phase II has a total issuance of a total size of IDR600 billion consisted of IDR200 billion remaining amount of ijarah compensation with ijarah return installments per year of IDR11.0 billion with a term of 3 years and IDR400 billion remaining amount of ijarah compensation with ijarah return installments per year of IDR23.4 billion with a term of 5 years.
The TBIG Bond VII Phase II and Sukuk Ijarah I Phase II were listed on the Indonesian Stock Exchange on 5 December 2025.
Total gross debt as of 30 September 2025, valuing USD loans at their hedged exchange rate, was IDR29,482 billion and gross senior debt was IDR646 billion. Cash balances as of 30 September 2025 were IDR835 billion, resulting in net debt of IDR28,647 billion. Using the third quarter 2025 annualized EBITDA, the net debt to EBITDA ratio is 4.9x.
“We are thrilled with our most recent issuance in the IDR bond market, with competitively priced debt for 3-year and 5-year IDR maturities. We maintain significant financial flexibility with a robust liquidity position, with undrawn debt facilities in both IDR and USD. We expect to regularly access the Rupiah bond market as our business continues to grow.” commented Helmy Yusman Santoso, CFO of TBIG.
About PT Tower Bersama Infrastructure Tbk
PT Tower Bersama Infrastructure Tbk (“TBIG”), is a provider of telecommunications infrastructure for the placement of BTS by telecommunications operators in Indonesia. TBIG is publicly listed on the Indonesian Stock Exchange and is majority owned by Bersama Digital Infrastructure Asia.
For more information contact:
Corporate Secretary:
Helmy Yusman Santoso – Tower Bersama Group
Telp. (62-21) 2924 8900
Email: corporate.secretary@tower-bersama.com
Investor Relations:
Veronica Jordan
Telp. (62-21) 2924 8900
Email: investor.relations@tower-bersama.com
