Bond Information

Bond

This account consists of:

Bonds I Ciputra Residence
Seri A 200.000.000.000
Seri B 220.000.000.000
Seri C 80.000.000.000

Expenses unamortized bond issuance (11,239,429,815)
Neto 488.760.570.185

In April 2014, CR, direct subsidiary, issued Bonds I Ciputra Residence of 2014 with a total face value of Rp500,000,000,000 which consists of three series with the details as follows:

  1. Serie A with a nominal value of Rp200,000,000,000 term of 3 years which will mature on 2 April 2017 with a fixed interest rate of 11.4% per year.
  2. Series B with a nominal value of Rp 220.000.000.000 term of 5 years and will mature on 2 April 2019 with a fixed interest rate of 12.4% per year.
  3. Series C with a nominal value of Rp80.000.000.000 tenor of 7 years and will mature on April 2, 2021 at a fixed rate of 13% per year.
  4. Interest payment schedule is quarterly with the first payment was made on July 2, 2014. The bonds are guaranteed by the International Finance Corporation (IFC) to Rp100,000,000,000 (Note 41dd) and the rest is secured by inventory, fixed assets and property investasimilik certain subsidiaries (Notes 8, 13 and 14).