Sumber Global Energy Repays Rp92 Billion in Maturing Bonds

The principal of Rp92 billion on PT Sumber Global Energy Tbk Sustainable Bonds I Phase I 2024 Series B has been repaid in accordance with the maturity date.

Jakarta (ANTARA) - Coal trading company PT Sumber Global Energy Tbk (SGER) has reported that it has repaid one of its maturing debt securities, namely the Phase I 2024 Series B Bonds, with a principal amount of Rp92 billion.

“The principal of Rp92 billion on PT Sumber Global Energy Tbk Sustainable Bonds I Phase I 2024 Series B has been repaid in accordance with the maturity date,” said SGER President Director Welly Thomas in an official statement in Jakarta on Wednesday.

The company issued and offered Sustainable Bonds I Phase I 2024 with a principal of up to Rp500 billion, consisting of two series guaranteed on a full commitment basis.

The bond issuance forms part of the Continuous Public Offering of Sustainable Bonds I 2024, with a target of raising Rp1 trillion in funds.

Welly explained that around 25 per cent of the proceeds from the bond issuance was used by the company for full debt repayment, while the remaining 75 per cent or so was used for working capital.

“SGER or its subsidiary, namely PT Sumber Mineral Global Abadi Tbk (SMGA), plans to issue bonds again to finance working capital,” said Welly.

He continued that the capital would be used by the company to carry out expansion, both in the coal sector and non-coal sectors.

In the first quarter of 2026, the company recorded revenue of Rp2.5 trillion, growing 1.62 per cent year-on-year, of which Rp1.75 trillion, or 70 per cent, came from coal sales.

In the first quarter of 2026, the company booked revenue from petroleum coke sales worth Rp441 billion, nickel sales of Rp138.74 billion, sand and lime sales of Rp18.73 billion, and palm oil product revenue of Rp1.27 billion.