DOID Monthly Production Report December 2023

24 Jan 2024

BUMA Completes the Issuance of its 2023 Series I Bonds

03 Jan 2024

Jakarta, January 2, 2024PT Bukit Makmur Mandiri Utama (BUMA), a subsidiary of PT Delta Dunia Makmur Tbk. (Delta Dunia Group or “DOID”), proudly announced the successful issuance and listing of BUMA 2023 Series I Bonds (BOLD) on the Indonesia Stock Exchange (IDX), marking a historic entry into the Indonesian bond market.

The BUMA 2023 Series I Bonds have been issued with a total nominal value of Rp636,620,000,000 (six hundred thirty-six billion, six hundred twenty million Indonesian Rupiah), divided into three series: Series A with a nominal value of Rp422,910,000,000 at a fixed interest rate of 8.45% per annum, maturing in 370 calendar days with a bullet payment upon maturity; Series B with a nominal value of Rp200,570,000,000 at a fixed interest rate of 9.10% per annum, maturing in 3 years with a bullet payment upon maturity; and Series C with a nominal value of Rp13,140,000,000 at a fixed interest rate of 9.70% per annum, maturing in 5 years with a bullet payment upon maturity. PT Mandiri Sekuritas and PT Sucor Sekuritas were the appointed Underwriters for the Bond Issuance.

Indra Kanoena, President Director of BUMA, stated, “We extend our deepest gratitude to our investors for their trust in BUMA’s strategic vision. The BUMA Series I Bond is a key component of our strategic diversification of financing and demonstrates our commitment to building strong partnerships with institutional investors.”

The Bonds Interest payments are scheduled quarterly, commencing from the Date of Issue. The respective maturity dates for each series are January 8, 2025, for Series A, December 28, 2026, for Series B, and December 28, 2028, for Series C.

Silfanny Bahar, Director of BUMA, commented, “We will be utilizing the proceeds to support further growth whilst building on our sterling history of our credit metrics. Our balanced approach to allocating these funds is aimed at both capital expenditure and enhancing operational efficiency. This commitment is integral to BUMA’s strategy for delivering long-term value and achieving a positive impact in the communities where we operate.'”

The BUMA 2023 Series I Issuance has broadened BUMA’s financial sources, reflecting the diverse and robust support of its banking partners – PT Bank Mandiri Tbk., PT Bank Negara Indonesia Tbk., Indonesia Eximbank, PT Bank Muamalat Indonesia Tbk., and PT Bank JTrust Indonesia Tbk. Together, with a comprehensive range of financing solutions, including Bonds in USD and IDR as well as Leasing financing schemes, BUMA has showcased its capacity to attract a broad spectrum of investors, affirming their trust and belief in the company’s strategic direction and growth potential.

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About PT Delta Dunia Makmur Tbk (Delta Dunia Group):
Established in 1990, PT Delta Dunia Makmur Tbk (Delta Dunia Group) is a prominent holding company operating in Indonesia and Australia. Our principal subsidiary, PT Bukit Makmur Utama (BUMA), is a leading provider of mining services to some of the largest coal producers in Indonesia and Australia (BUMA Australia Pty Ltd).

In 2023, Delta Dunia Group expanded its portfolio with the addition of two new subsidiaries: PT Bukit Teknologi Digital (B-TECH), offering comprehensive mining technology solutions that empower companies within the mining industry, and PT BISA Ruang Nuswantara (BIRU), a social entity dedicated to education, vocational schools, and fostering a circular economy.

Listed on the Indonesia Stock Exchange (IDX Code: DOID), Delta Dunia Group is headquartered in Jakarta, Indonesia, and is supported by a workforce of over 16,000 employees across Indonesia and Australia.

For further information, please contact:
PT Delta Dunia Makmur Tbk.
Corporate Communications
South Quarter Tower A, Penthouse Floor
Jl R.A. Kartini Kav. 8, Cilandak Barat Jakarta 12430
Phone: +6221 3043 2080
Email: communications@deltadunia.com
Website: www.deltadunia.com

BUMA Secures USD 750 Million Syndicated Financing Facility with BNI

Jakarta, January 2, 2024 – PT Bukit Makmur Mandiri Utama (BUMA), a subsidiary of PT Delta Dunia Makmur Tbk. (Delta Dunia Group), announced an underwritten financing facility of USD 750 million from PT Bank Negara Indonesia (Persero) Tbk. (BNI). The facility is set for a duration of 69 months, concluding in 2029.

The facility plays a strategic role in BUMA’s financial management, enabling refinancing efforts and supporting growth initiatives. Furthermore, it empowers BUMA to uphold its trajectory of growth and operational excellence by providing the capital required to advance key projects and pursue potential acquisitions, all in alignment with its strategic objectives.

Indra Kanoena, President Director of BUMA, commented, “This financing demonstrates BNI’s trust in our strong market position and strategic acquisition capabilities. We are grateful for this partnership, which offers competitive terms and underscores our status as a key international mining contractor. The facility will be strategically utilized to enhance our corporate operations and drive our growth plans, contributing significantly to our ongoing commitment to operational excellence and sustainable growth.”

Ditya Maharhani Harninda, Senior Vice President Corporate Banking 2 BNI, stated, “Our collaboration with BUMA, a significant player in the Indonesian and Australian mining sectors, is highly valued. This partnership aligns with our strategy to support prominent corporates like BUMA, recognized not only for their industry leadership but also for their commitment to deliver on Environmental, Social, and Governance (ESG) practices. This financing facility is a reinforcement of our portfolio in the segment and a testament to our commitment to fostering operations that prioritize sustainable and responsible business practices.”

As BUMA celebrates its 25th anniversary, this facility marks a significant milestone, reinforcing its commitment to stakeholders, society, and the environment. “Looking ahead, we are excited to continue our journey of growth, driving industry advancements, and positively impacting the communities we serve. We are grateful for the support from our financial partners of Bank Mandiri, BNI, Bank Muamalat, JTrust Bank, and Indonesia Eximbank, along with the global and IDR bondholders and leasing companies , all contributing to BUMA’s journey,” concluded Indra.

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About PT Delta Dunia Makmur Tbk (Delta Dunia Group):
Established in 1990, PT Delta Dunia Makmur Tbk (Delta Dunia Group) is a prominent holding company operating in Indonesia and Australia. Our principal subsidiary, PT Bukit Makmur Utama (BUMA), is a leading provider of mining services to some of the largest coal producers in Indonesia and Australia (BUMA Australia Pty Ltd).

In 2023, Delta Dunia Group expanded its portfolio with the addition of two new subsidiaries: PT Bukit Teknologi Digital (B-TECH), offering comprehensive mining technology solutions that empower companies within the mining industry, and PT BISA Ruang Nuswantara (BIRU), a social entity dedicated to education, vocational schools, and fostering a circular economy.

Listed on the Indonesia Stock Exchange (IDX Code: DOID), Delta Dunia Group is headquartered in Jakarta, Indonesia, and is supported by a workforce of over 16,000 employees across Indonesia and Australia.

For further information, please contact:
PT Delta Dunia Makmur Tbk.
Corporate Communications
South Quarter Tower A, Penthouse Floor
Jl R.A. Kartini Kav. 8, Cilandak Barat Jakarta 12430
Phone: +6221 3043 2080
Email: communications@deltadunia.com
Website: www.deltadunia.com

BUMA Completes the Issuance of its 2023 Series I Bonds

BUMA Secures USD 750 Million Syndicated Financing Facility with BNI