BUMA Launches Third Conventional Rupiah Bond Offering of up to Rp1.4 Trillion to Support Growth and Refinance USD Senior Notes

• PT Bukit Makmur Mandiri Utama (BUMA), the principal subsidiary of PT BUMA Internasional Grup Tbk (“BUMA International Group”, IDX: DOID), announces its third Conventional Rupiah Bond Offering, the BUMA III 2025 Bonds, with a principal value of up to Rp1.4 trillion.
  
  
• The bonds are offered in three series with maturities of 370 days, 3 years, and 5 years. The bookbuilding period runs from September 3-17, 2025, followed by the public offering on September 30-October 2, 2025.
  
  
• Proceeds will be allocated to partially refinance and reprofile BUMA’s USD Senior Notes, fund growth capex for mining expansion, and support working capital needs.
  
  
• The offering continues BUMA’s diversified financing strategy that includes global and Rupiah-denominated conventional bonds, Sukuk, and both conventional and sharia bank facilities, reinforcing its commitment to financial resilience, funding diversification, and sustainable growth.

Jakarta, September 2, 2025 – PT Bukit Makmur Mandiri Utama (“BUMA”), the principal subsidiary of publicly listed holding company PT BUMA Internasional Grup Tbk (“BUMA International Group”, IDX: DOID), today announced the offering of its third conventional Rupiah bond issuance, the BUMA III 2025 Bonds, with a principal value of up to Rp1.4 trillion.

The BUMA III 2025 Bonds will be offered in three series: Series A, with a duration of 370 calendar days; Series B, with a duration of three years; and Series C, with a duration of five years. BNI Sekuritas, BCA Sekuritas, Mandiri Sekuritas, and Indo Premier Sekuritas have been appointed as the Joint Lead Underwriters. The bookbuilding period will run from September 3-17, 2025, followed by the public offering on September 30-October 2, 2025.

Proceeds from this issuance will be allocated to partially refinance and reprofile BUMA’s USD Senior Notes, fund growth capital expenditures for expanding mining operations, and support working capital needs for day-to-day operations.

Silfanny Bahar, Director of BUMA, commented: “Every financing decision we make is anchored on diversifying funding sources to maintain flexibility, while optimizing for cost of capital, investor base, and market access. Through the BUMA III 2025 Bonds, we are reducing risk, reinforcing financial resilience, and strengthening our capacity to reinvest in the operations and people that drive BUMA’s long-term success.”

Over the past three years, BUMA has executed a series of disciplined financing initiatives, including both USD and IDR bonds, Sukuk, conventional and sharia bank loans, and leasing financing schemes. These measures have strengthened the company’s balance sheet and diversified its funding sources, ensuring resilience across market cycles. The BUMA III 2025 Bonds continue this strategy by reinforcing the Company’s capital structure and expanding its financing base to support sustainable growth.

The BUMA III 2025 Bonds obtained an A+ rating by both Pefindo and Fitch Ratings, reflecting the company’s strong credit quality and low risk of default. It underscores BUMA’s position as a resilient and trusted partner in Indonesia’s mining sector.