Kawasan Industri Jababeka Tbk PT : KIJA Successfully Executed USD 110.85 Million Tap

PT Kawasan Industri Jababeka Tbk ('KIJA' or 'the Company') successfully executed a USD110.85 million tap offering of its existing USD189.15 million 6.50% 144A/Reg S senior notes due 2023 (the 'Notes'). Post the transaction, the final outstanding principal amount for the 2023 notes will be USD300 million.

The use of proceeds was to redeem the entire c. USD91.5 million of principal amount outstanding for our 7.5% senior notes due 2019 as well as repay a loan of USD13.3 million from Standard Chartered Bank as well as transaction premiums, transaction fees and expenses.

This transaction enabled KIJA to reduce its overall funding cost and extend its debt maturity profile.

The ratings on the Notes remain unchanged at B+ by both S&P and Fitch respectively

J.P. Morgan, Standard Chartered Bank and UBS acted as Joint Lead Managers and Bookrunners on the new notes offering

This communication is not for distribution in the United States. This communication and the information contained herein is not an offer to sell securities in the United States. Securities may not be offered or sold in the United States or to, or for the account or benefit of U.S. person (as such term in defined in Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act')) absent registration pursuant to the Securities Act, or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or selling security holder and that will contain detailed information about the issuer and management, as well as financial statements. No money, securities or other consideration is being solicited by this communication or the information contained herein and, if sent in response to this communication or the information contained herein, will not be accepted.