PT Sinar Mas Agro Resources and Technology Tbk (SMAR), also known as SMART, has officially confirmed the secure availability of funds designated for the repayment of its maturing bond principal in June 2026. This proactive measure underscores the company’s commitment to robust financial management and timely fulfillment of its obligations.
According to an official information disclosure submitted to the Indonesia Stock Exchange (BEI), SMART has meticulously prepared the necessary funds to settle the principal amount of its SMART Sustainable Bonds III Phase I Year 2021 Series C. These particular bonds are slated to reach maturity on June 10, 2026. The total principal value of the bonds set for repayment stands at a substantial IDR 300 billion.
“PT Sinar Mas Agro Resources and Technology Tbk (SMART or the Company) has provided the principal payment funds for the SMART Sustainable Bonds III Phase I Year 2021 Series C, which will mature on June 10, 2026 (the Maturing Bonds), amounting to IDR 300,000,000,000 (three hundred billion Rupiah),” stated SMAR management in its information disclosure on Tuesday, May 12, 2026, assuring stakeholders of its financial readiness.
SMAR management further elaborated that the source of these funds, earmarked for the repayment of the maturing bonds, originates from the successful issuance of its SMART Sustainable Ijarah Sukuk II Year 2026. This strategic financing move highlights the company’s ability to diversify its funding sources while managing its debt profile efficiently.
The disclosure also detailed the operational aspect of the repayment process. The funds allocated for the bond principal repayment, along with the corresponding interest payments on the maturing bonds, will be deposited into the account of PT Kustodian Sentral Efek Indonesia (KSEI) according to the predetermined schedule. This methodical approach ensures a streamlined and transparent settlement for bondholders. This series of actions by SMART effectively demonstrates the company’s unwavering commitment to maintaining the smooth operation of its financial obligations and guaranteeing the timely payment of its debt instruments, thereby reinforcing investor confidence.
Summary
PT Sinar Mas Agro Resources and Technology Tbk (SMART) has confirmed the availability of funds totaling IDR 300 billion to repay its maturing Sustainable Bonds III Phase I Year 2021 Series C. These bonds are scheduled to reach maturity on June 10, 2026. This move reflects the company’s commitment to maintaining robust financial management and ensuring timely debt obligations.
The repayment funds were sourced from the successful issuance of the company’s Sustainable Ijarah Sukuk II Year 2026. To ensure a transparent settlement, the principal and interest payments will be deposited into the account of PT Kustodian Sentral Efek Indonesia (KSEI) according to the established schedule. This proactive strategy aims to streamline the repayment process and reinforce overall investor confidence.