Borrowings and other credit facilities


	Year
	Notes	Total	2024	2025	2026	2027	Thereafter
Two-step loans	20a	91	91	—	—	—	—
Bonds	20b	4,793	—	2,098	—	—	2,695
Bank loans	20c	22,085	6,720	5,785	4,226	2,167	3,187
Other borrowings	20d	362	362	—	—	—	—
Total		27,331	7,173	7,883	4,226	2,167	5,882

Borrowings and other credit facilities

Schedule of long-term loans and other borrowings, other significant information


		2021		2022
		Outstanding		Outstanding
		Foreign currency	Rupiah	Foreign currency	Rupiah
Lenders	Currency	(in millions)	equivalent	(in millions)	equivalent
Overseas banks	Yen	2,304	285	1,536	181
	US$	1	14	—	—
	Rp	—	56		28
Total			355		209
Current maturities (Note 19b)			(138)		(118)
Long-term portion			217		91


		Principal payment	Interest payment	Interest rate per
Lenders	Currency	schedule	period	annum
Overseas banks	Yen	Semi-annually	Semi-annually	2.95	%
	Rp	Semi-annually	Semi-annually	7.125	%

Borrowings and other credit facilities

Schedule of long-term loans and other borrowings, other significant information

Interest payment

Interest rate

Bonds

Principal

Issuer

Listed on

Issuance date

Maturity date

period

per annum

Series A

2,200

The Company

IDX

June 23, 2015

June 23, 2022

Quarterly

9.93

%

Series B

2,100

The Company

IDX

June 23, 2015

June 23, 2025

Quarterly

10.25

%

Series C

1,200

The Company

IDX

June 23, 2015

June 23, 2030

Quarterly

10.60

%

Series D

1,500

The Company

IDX

June 23, 2015

June 23, 2045

Quarterly

11.00

%

Total

7,000

Borrowings and other credit facilities

Schedule of long-term loans and other borrowings, other significant information

Current

Total

period

Principal

Interest

facility

payment

Interest rate

Borrower

Currency

(in billions)*

schedule

period

per annum

Security**

BNI

2018

GSD

Rp

182

32

2020 - 2024

Monthly

8.75%

Trade receivables

2013 - 2021

The Company, GSD, TLT, Sigma, Mitratel

Rp

8,175

1,384

2016 - 2033

Monthly, Quarterly

1 month JIBOR + 2.25%;
3 months JIBOR + 1.70% - 1.85%

Trade receivables and property and equipment

Bank Mandiri

2017- 2020

The Company, GSD, Mitratel,

Rp

6,693

1,128

2019 - 2027

Quarterly

3 months JIBOR +
1.50% - 1.85%

None

Current

Total

period

Principal

Interest

facility

payment

rate per

Borrower

Currency

(in billions)*

schedule

period

annum

Security**

BRI

2017 - 2019

The Company

Rp

2,500

455

2019 - 2026

Quarterly

3 months JIBOR +
1.70% -1.85%

None

BSI

2019

SSI

Rp

55

11

2019 - 2024

Monthly

7.50%

None

BCA

2020 - 2021

The Company, Mitratel, PST, GSD

Rp

15,986

2,880

2020 - 2030

Quarterly,
Semi-annually

3 months JIBOR +
1.50%

Trade receivables and property and equipment

Bank CIMB Niaga

2019 - 2022

GSD, PINS,Mitratel

Rp

2,500

65

2020 - 2029

Quarterly

3 months JIBOR + 1.30% - 1.95%

None

2021 - 2022

Telin

US$

0

—

2024 - 2030

Semi-annually

6 months SOFR + 1.82%

None

DBS

2021

Mitratel

Rp

3,500

2,000

2023 - 2028

Semi-annually

3 months JIBOR +
1.70%

Property and equipment

Bank Permata

2020 - 2021

Mitratel

Rp

1,500

167

2021 - 2028

Semi-annually

3 months JIBOR +
1.50% - 2.40%

Property and equipment

Bank of China

2019

Telkomsel

Rp

1,000

900

2021 - 2023

Quarterly

1 month JIBOR +
2.00%

None

Syndication of banks

2022

Mitratel

Rp

2,500

—

2024 - 2030

Semi-annually

7.68%

None

2018

Telin

US$

0

2019 - 2025

Semi-annually

6 months
LIBOR + 1.25%

None

HSBC

2021

Mitratel

Rp

750

—

2023 - 2028

Semi-annually

3 months
JIBOR + 1.50%

Property and equipment

MUFG Bank

2021

Mitratel

Rp

500

—

2022 - 2028

Quarterly

3 months
JIBOR + 1.60%

None

Bank Danamon

2022

Mitratel

Rp

636

182

2022 - 2025

Quarterly

3 months
JIBOR + 1.50%

None

UOB Singapore

2018

Telin

US$

0

2019 - 2024

Semi-annually

6 months
LIBOR + 1.25%

None

ANZ

2015

GSD, PINS

Rp

740

88

2020 - 2025

Quarterly

3 months JIBOR +
1.40% - 2.00%

None

*In original currency

**	Refer to Notes 6 and Notes 12 for details of trade receivables and property and equipment pledged as collaterals.

Telkomsel has no collateral for its bank loans, or other credit facilities. The terms of the various agreements with Telkomsel’s lenders and financiers require compliance with a number of covenants and negative covenants as well as financial and other covenants, which include, among other things, certain restrictions on the amount of dividends and other profit distributions which could adversely affect Telkomsel’s capacity to comply with its obligation under the facility. The terms of the relevant agreements also contain default and cross default clauses. As of December 31, 2022 Telkomsel has complied with the above covenants.

Borrowings and other credit facilities

Schedule of long-term loans and other borrowings, other significant information

Total facility

Current period

Principal payment

Interest rate

Borrower

Currency

(in billions)

payment (in billions)

schedule

per annum

Security

Sarana Multi

Infrastruktur

November 14, 2018

The Company

Rp

1,000

220

Semi-annually
(2019 - 2023)

3 months
JIBOR + 1.75%

None

March 29, 2019*

The Company

Rp

2,836

700

Semi-annually
(2020 - 2024)

3 months
JIBOR + 1.75%

None

March 29, 2019*

Telkomsat

Rp

164

23.5

Semi-annually
(2020 - 2024)

3 months
JIBOR + 1.75%

None

*Based on the latest amendment on June 15, 2020.