PT SMI Issued global bond worth USD300 million or equivalent to Rp4.28 trillion.
PT SMI was appointed as a member of the Sustainable Finance Task Force established by the Financial Services Authority with the aim as an integrated coordination platform of Financial Services Sector in building a sustainable finance ecosystem in Indonesia including participation in international forums.
PT SMI signed a Memorandum of Understanding (MOU) with Bloomberg Philanthropies to tackle climate change and promote clean energy on 15 September 2021.
PT SMI developed an information system called ReFina to facilitate the public sector financing application process for the purpose of implementing and monitoring the process of public sector financing in a transparent and accountable manner.
PT SMI first implemented its Micro and Small Enterprises Financing Program (PUMK) in collaboration with PT Bahana Artha Ventura as Distribution Partner.
Encouraging the national economic recovery affected by the COVID-19 pandemic, through the Regional PEN loan facility to 92 Local Governments until 2021.
PT SMI became the first Special Mission Vehicle (SMV) under Ministry of Finance to be recommended to receive ISO 37001:2016 Anti Bribery Management System (SMAP).
PT SMI obtained a syndicated fund of USD700 million from offshore banks, which was a record amount in the fundraising history of PT SMI.
PT SMI Issued Tranche IV and V of Shelf Registration Bond II Sarana Multi Infrastruktur with total 2020 emissions at Rp4.87 trillion.
In the fourth quarter of 2020, PT SMI was granted mandate expansion as stipulated in Government Regulation No. 53/2020 jo Government Regulation No. 66/2007 – October 2020 on the establishment of PT SMI and POJK46/2020 – November 2020 on Infrastructure Financing Companies. Due to the mandate expansion, PT SMI financing sectors may include other development sectors considered potential in supporting national economy, as assigned by the Government.
PT SMI was assigned as official executor of investment on Government Investment in the National Economic Recovery (PEN) program for BUMN or State-Owned Enterprises (IP PEN BUMN) and also of the disbursements of PEN Loan to Regional Governments (Regional PEN) affected by the COVID-19 pandemic.
Obtained a sector expansion license from OJK by virtue of the Letter of OJK No. S-7/D.05/2019 dated 12 February 2019 on the License Approval Request on the Addition of Infrastructure Financing Objects, which includes water and irrigation infrastructures, waste management system infrastructure, informatics infrastructure, renewable energy infrastructure, energy conservation infrastructure, sports and art facility and infrastructure, and public housing infrastructure.
Issued Sarana Multi Infrastruktur Sustainable Sukuk Mudharabah I Tranche II and Tranche III for Year 2019 with emission value in each phase amounting to Rp1 trillion.
Issued the Shelf Registration Bond II Sarana Multi Infrastruktur with a maximum value of Rp25,000,000,000,000, and a total emission in 2019 of Rp9,904,250,000,000 conducted in 3 phases.
Officially joined as a new member of the International Development Finance Club (IDFC). IDFC is an organization consists of 27 members who work together to implement the Sustainable Development Goals & the Paris Climate Agreement.
Issued a Green Bond, as a part of the Green Bond Sustainable Public Offering Tranche I of 2018, amounting to Rp3 trillion.
Executed the Sukuk Sustainable Public Offering Trance I for the amount of Rp3 trillion, with issuance value of Rp1 trillion in 2018.
Launched the Step Up Musyarakah Mutanaqisah (MMQ), a financing scheme based on profit sharing with tiered pricing in accordance with the cashflow capacity of the customers.
Launched the Sharia Hedging Facility. To mitigate the risk of market fluctuation on sharia business activity, PT SMI in collaboration with PT Bank Maybank Indonesia Tbk launched the first Sharia Hedging Facility in Indonesia.
Launched the Take-out Financing Facility, a financing scheme in which PT SMI’s commitment was to take over the remaining balance of the financing value of the project previously funded by other creditors.
Launched the SDG Indonesia One platform with first total commitment of USD2.46 billion.
Played a significant role in the achievement of Financial Close of LRT Jabodebek which resulted in strong interests from national and international banks in the financing syndication amounting to Rp18.1 trillion.
Played a significant role in attaining private participation in the financing syndication of Bakauheni Terbanggi Besar Sector of the Trans Sumatera Toll Road through the Cash Deficiency Support (CDS) of Rp7.5 trillion.
Enhanced the economic development in the Eastern Region of Indonesia through the financing of the Biomass Power Plant construction in Merauke.
Participated in the shares ownership scheme of Waskita Toll Road.
Established the Sharia Business Unit to accommodate the need for sharia scheme financing.
Participated in the largest Sharia syndicated financing in the electricity sector.
Signed the first PPP project with the Availability Payment (AP) scheme: the Palapa East Ring Package.
Along with the Ministry of Finance, became the host for “The 3rd IDB Member Countries Sovereign Investments Forum”.
Issued Shelf Registration Bond Tranche II with the largest nominal in one subscription (Rp7 trillion).
Pefindo upgraded the Company’s corporate rating to “AAA”.
Fitch upgraded the outlook of PT SMI from stable to positive.
Became the first and only company in Southeast Asia to be accredited by the Green Climate Fund (GCF).
Participated in the development of PPP project: Palapa West Ring Optical Fiber Network.
Issued Shelf Registration Bond Tranche I Year 2016 at the amount of Rp5 trillion from the planned commitment of Rp30 trillion.
Launched a new product, Cash Deficiency Support (CDS), which was implemented for the financing of the Palembang – Indralaya sector of the Trans Sumatera Toll Road (25 years tenor).
Signed the first Public-Private Partnership (PPP) projects with the Viability Gap Fund (VGF) support from the Government (Umbulan Drinking Water Supply System).
Implemented the Environmental and Social Safeguard Standards.
Obtained a license from OJK to expand its financing sectors by virtue of the Letter of OJK No. S-48/D.05/2015 dated 30 April 2015 on the License Approval Request on the Addition of Infrastructure Financing Objects for PT Sarana Multi Infrastruktur, which includes social infrastructure (hospitals, markets, terminals, and others), tourism infrastructure, and rolling stock.
PIP asset transfer at the amount of Rp18.3 trillion to strengthen the Company’s capital.
Credit Facility and Quasi Equity Facility cooperation with the French Development Bank (AFD) for the development of renewable energy and climate change sectors.
Financing of the Medan – Binjai sector of the Trans Sumatera Toll Road with the longest tenor (25 years) and a grace period of 15 years.
Received the “Finance Project of the Year” award for the Umbulan Project at the 7th Global Infrastructure Leadership Forum in New York, USA.
Issued the first bonds of the Company at the amount of Rp1.0 trillion with idAA+ from Pefindo.
Official inauguration of SMinfra18 infrastructure index in collaboration with the Indonesian Stock Exchange.
Fitch Ratings upgraded the Company’s National Long-Term Rating to “AA+ (idn)” with Stable Outlook and awarded the (BBB-/ Stable) international rating.
Launched the third business pillar of the Advisory Service to complement the Financing and Project Development pillars.
Syndicated the financing for Cikampek-Palimanan toll road project with 21 financial institutions.
Received “AA (idn)” rating from PT Fitch Ratings Indonesia with Stable Outlook.
Assigned by the Minister of Finance to act as the facilitator for the preparation of two PPP showcase projects: Soekarno-Hatta Airport Railink project (total project value Rp21.0 trillion) and Umbulan Water Supply System project (total project value Rp2.3 trillion, agreement signed on 30 December 2016).
Successful launching of PT IIF, a subsidiary of the Company, established as a joint venture with ADB, IFC, and DEG. Received additional capital from the Government of Rp1.0 trillion (Rp600 billion from PT SMI).
The establishment of PT Sarana Multi Infrastruktur (Persero) (“PT SMI”) on 26 February 2009 under the coordination of the Ministry of Finance with a mandate of becoming a catalyst for the infrastructure development in Indonesia. The first infrastructure financing in the irrigation sector amounted to Rp284 billion.