updates

PT Arkora Hydro, Tbk (ARKO) Green Bond 2023

15 Aug 2023

We are proud to assist PT Arkora Hydro, Tbk (ARKO), a leading renewable energy power company, on its first green bond issuance under the name of “Obligasi Berwawasan Lingkungan I Arkora Hydro Tahun 2023” in the amount of IDR 339,895,000,000 which is partially guaranteed by PT Indonesia Infrastructure Finance ("Green Bond").

This is the first domestic Green Bond issued by a non-state-owned company or affiliated with a state-owned company in Indonesia. PT Trimegah Sekuritas Indonesia Tbk and PT BNI Sekuritas jointly acted as underwriters of this Green Bond issuance.

The AYMP team advising ARKO was led by our Partners Wemmy Muharamsyah and Guna Darma, and supported by Meuthia Miranti WulandarieRiana Salma IndraswariAndini Astarianti Soemarsono and Yohana Geraldine Malau.