Indah Kiat Pulp & Paper to repay IDR 1.04tn plus USD 900,000 in maturing debt

Indah Kiat Pulp & Paper, the pulp and paper unit of Sinar Mas Group, has confirmed it will repay three maturing debt instruments on 21-22 November 2026 totalling about IDR 1.04 trillion plus USD 900,000. The company says the repayment will be funded from proceeds of a bond issuance it carried out earlier in 2026.

Why this mattersThe refinancing shows continued market access for Sinar Mas Group's pulp and paper arm to roll maturing debt via fresh issuance.

• Sustainable Bond IV Phase III 2023 Series B, IDR 739.72bn principal at 10.25% coupon, due 21 November 2026
• Sustainable Mudharabah Sukuk III Phase III 2023 Series B, IDR 303.56bn principal at around 10.25% profit-sharing rate, due 21 November 2026
• Sustainable USD Bond I Phase II 2023 Series B, USD 900,000 principal at 7% coupon, due 22 November 2026
• Combined rupiah-denominated principal due totals IDR 1.043 trillion
• Repayment to be funded from proceeds of a bond issuance carried out earlier in 2026
• Disclosure made in an information filing dated 29 September 2026

Relevant to you? Yes No