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20240918_DOID_Laporan Informasi dan Fakta Material_31726721_lamp2.pdf
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PRESS RELEASE FOR IMMEDIATE DISTRIBUTION
BUMA Launches Second Rupiah Bond Offering of up to Rp1 Trillion to Further
Strengthen its Financing Diversification Strategies
• PT Bukit Makmur Mandiri Utama (BUMA), the principal subsidiary of PT Delta Dunia
Makmur Tbk (Delta Dunia Group), launches BUMA II 2024 Bond Offering with a principal
value of up to Rp1 trillion.
• The bonds are offered in three series with maturities of 370 days, 3 years, and 5 years, and
the initial offering period started from September 18, 2024 to September 24, 2024.
• Proceeds from the bond offering will be used for the repayment of BUMA I 2023 Bonds
Series A, capital expenditure for the purchase of heavy equipment and working capital to
support the company’s operational activities.
• BUMA has obtained an A+ rating from both Pemeringkat Efek Indonesia (Pefindo) and Fitch
Ratings for the bond offering, emphasizing the company's strong business position,
operating management, and financial stability.
• This new bond offering highlights BUMA’s strategic focus on diversifying its funding sources
and stringent debt management, strengthening its capital structure for future growth.
Jakarta, September 18, 2024 - PT Bukit Makmur Mandiri Utama (BUMA), the principal subsidiary of PT
Delta Dunia Makmur Tbk (“Delta Dunia Group”, IDX: DOID), announced the BUMA II 2024 Bond
Offering with a principal value of up to Rp1 trillion. The transaction underscores BUMA's continued
commitment to diversifying the company's financing strategies and strengthening the company's capital
structure.
The BUMA II 2024 Bond Offering includes three series. Series A Bonds with a duration of 370 calendar
days, Series B Bonds with a duration of 3 years, and Series C Bonds with a duration of 5 years, starting
from the issuance date. BUMA has appointed PT BNI Sekuritas and PT Trimegah Sekuritas Indonesia Tbk
as the Joint Lead Underwriters of the Bond Issuance. The initial offering period starts from September 18,
2024, to September 24, 2024.
The BUMA II 2024 Bond Offering is the second IDR-denominated bond offering from the company, following
the issuance of BUMA 2023 Series I Bonds (BOLD). The BUMA II 2024 Bond Offering will further diversify
the company’s financing strategy, which consists of both USD and IDR bonds, conventional and sharia
bank loans, and leasing financing schemes. The strategy strengthens the company’s financial resilience,
enhances its ability to navigate market volatility, and broadens its financial base, placing the company in a
better position for future growth.
Indra Kanoena, President Director of BUMA, said, “Building on our first bond issuance last year, the
BUMA II 2024 Bond Offering is an important step in further diversifying our funding and debt management.
This bond offering not only strengthens our financial position but also provides more flexibility in supporting
our long-term business strategy. The company’s second bond offering in Rupiah also reaffirms our focus
on business in Indonesia. We are committed to strengthening our business in the mining sector, maintaining
solid financial management, and upholding strong credit metrics while continuing to provide added value to
stakeholders, and supporting the sustainable development of the mining industry in Indonesia, Australia,
and the US."
The proceeds from this bond offering will be allocated to repay obligations of BUMA I 2023 Series A,
maturing on January 8, 2025, amounting to Rp422,910,000,000 or approximately 42.29%. This step reflects
BUMA's commitment to aligning its debt maturity schedule and ensuring effective and sustainable debt
management.
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Furthermore, 28.86% will be used for capital expenditure to purchase heavy equipment. The remaining
funds from this bond issuance will be allocated to support BUMA's operational activities in Indonesia and
Australia. With a proven track record in robust cash flow management, BUMA is set to effectively control
costs through innovative technology utilization and expanding its business in line with the strategic vision.
This bond offering is expected to increase the company's production capacity, operational efficiency and
strengthen BUMA's position as a leader in the mining services industry.
BUMA successfully obtained an A+ rating from PT Pemeringkat Efek Indonesia (Pefindo) and Fitch Ratings,
reflecting the company's excellent credit quality. This rating confirms BUMA's financial strength and ability
to fulfil its debt obligations with very low risk, demonstrating high stability and reliability in its financial
management. In addition, the ratings obtained from the two prestigious rating agencies have further
solidified BUMA’s position in the industry and highlight the strength of its operating management.
“As one of the leading mining services companies, we need to stay vigilant in facing unforeseen challenges
and capitalizing on opportunities in the future to be able to continue providing comprehensive services to
some of the largest and longest-running mines in Indonesia. With more diverse funding sources, we will
have greater opportunities to accelerate further growth in the industry,” Indra concluded.
***
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, Australia, and USA. Our principal subsidiary, PT Bukit Makmur Utama (BUMA), is a leading provider of
mining services to some of the largest miners in Indonesia and Australia (through BUMA Australia Pty Ltd). In June
2024, through PT Bukit Makmur Internasional (BUMA International), the Group acquired Atlantic Carbon Group, Inc.
(ACG) and became the leading producer of anthracite coal in the USA, further strengthening the Group’s global footprint
in the mining industry.
In 2023, Delta Dunia Group expanded its portfolio with the addition of two new subsidiaries: PT Bukit Teknologi Digital
(BTech), 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. In July 2024, the Group established PT Katalis Investama Mandiri to support its long-term strategy in ESG.
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, Australia, and USA. In June 2024, Delta
Dunia Group was recognized among the Top 200 in the inaugural FORTUNE Southeast Asia 500 rankings, a
prestigious list that identifies the region’s largest companies by revenue.
About PT Bukit Makmur Mandiri Utama (BUMA)
BUMA was established in 1998, is the second largest coal mining services contractor in Indonesia by production
volume, providing mining services to some of the largest coal producers in Indonesia. BUMA is a subsidiary of PT Delta
Dunia Makmur Tbk (DOID) which is listed on the Indonesia Stock Exchange board (IDX Code: DOID). BUMA is
headquartered in Jakarta, Indonesia.
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For further information, please contact:
PT Delta Dunia Makmur Tbk.
Corporate Communications
Email: communications@deltadunia.com
Website: www.deltadunia.com
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PT Pemeringkat Efek Indonesia
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PT Bukit Makmur Utama
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BUMA Australia Pty Ltd
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PT Bukit Makmur Internasional
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Indonesia Stock Exchange
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