PT Bukit Makmur Mandiri Utama (BUMA), the principal subsidiary of PT Delta Dunia Makmur, has secured the issuance of the BUMA II 2024 Rupiah Bonds (BUMA II 2024 Bonds) with a total value of Rp1 trillion (US$65.4 million).
The bonds were oversubscribed by 1.4 times within days, indicating strong investor demand and confidence in BUMA’s financial stability and growth prospects. With more investors committed to longer-term tenors, BUMA has enhanced its ability to effectively manage its debt maturity profile.
Established in 1990, PT Delta Dunia Makmur (Delta Dunia Group) is a holding company operating in Indonesia, Australia, and USA.
The BUMA II 2024 Bonds were issued in three series, namely Series A with a nominal value of Rp251,035,000,000 at a fixed interest rate of 7.25 percent per annum, maturing in 370 calendar days; Series B with a nominal value of Rp332,710,000,000 at a fixed interest rate of 9.25 percent per…
