Capital Market
Obligasi Berkelanjutan II Seri ABond
Bondholders (PUB) · Capital Market
Plafond
Rp 700 M
Outstanding
Rp 700 M
All-In CoF
10,01%
SPEC // 03
FACILITY LIMITS & COMMITMENT PARAMETERS
PlafondRp 700 M
OutstandingRp 700 M
Utilization100,0%
CommittedYes
RevolvingNo
CurrencyIDR
Minimum drawRp 250 M
Notice (days)30
Availability ends—
SPEC // 04
PRICING & ALL-IN COST OF FUNDS BREAKDOWN
Rate typefixed
Base rate9,25%
Spread0,00%
Upfront fee0,40%
Commitment fee0,00%
Prepayment penalty2,00%
Default interest2,00%
Interest frequencyquarterly
All-in: Interest9,25%
All-in: Upfront fee (amortized)0,10%
All-in: Over-collateralization0,66%
All-in cost of funds10,01%
SPEC // 05
TENOR, AMORTIZATION & RENEWAL
MaturityWeek 201
Batch tenor—
Amortizationbullet
Renewal—
Renewal probability90%
SPEC // 06
FIDUSIA COLLATERAL & SECURITY
Coverage required55%
Max DPD eligible90 days
Substitution (days)14
Eligible segmentspos_phone, pos_appliance, cash, two_wheeler, multipurpose
SecurityFiduciary assignment of receivables (trustee)
SPEC // 07
FINANCIAL COVENANTS
| Covenant | Definition | Threshold | Tested |
|---|---|---|---|
| Debt to equity | Total borrowings / total equity | <= 10x | quarterly |
| Gearing | Borrowings / (equity + subordinated loan - investments) | <= 10x | quarterly |
| Equity to assets | Total equity / total assets | >= 10,0% | quarterly |
SPEC // 08
NEGATIVE COVENANTS
- New debt requires consent unless gearing < 10x
- No dividends while in breach
SPEC // 09
EVENT TRIGGERS
- Cross-default
- Rating downgrade below BBB(idn)
SPEC // 10
REPORTING OBLIGATIONS
- Quarterly trustee report
PT Nusantara Konsumer Finance · OJK POJK 35/46