First Sustainability Linked Bond Issuance in Indonesia


PT Steel Pipe Industry of Indonesia ("ISSP"), received Pre-Effective or publication permission from OJK on June 14, 2024 for the planned issuance of Sustainability-Linked Bond I Spindo th 2024 (SLB I Spindo). SLB I Spindo is the first Sustainability-Linked Bond issued in Indonesia, after several other issuers have previously issued Green Bonds and Sustainable Bonds and Sukuk.


The issuance of this sustainability-based debt instrument is in the form of sustainability-related bonds with a maximum value of 1 Trillion Rupiah, and will be fully guaranteed (unconditional and irrevocable and unconditional) by the Credit Guarantee & Investment Facility ("CGIF") so that SLB I Spindo is rated AAA (Triple A) by Pefindo.

Press Release - SPINDO 1Q2025
30 April 2025
Press Release - SPINDO 1Q2025 "SPINDO Strengthens Balance Sheet and Prepares for Growth Despite Industry Headwinds"
CONSOLIDATED FINANCIAL STATEMENTS Q 1 2025 PT STEEL PIPE INDUSTRY OF INDONESIA Tbk
29 April 2025
CONSOLIDATED FINANCIAL STATEMENTS Q 1 2025 PT STEEL PIPE INDUSTRY OF INDONESIA Tbk
LAPORAN KEUANGAN KONSOLIDASIAN Q1 2025 PT STEEL PIPE INDUSTRY OF INDONESIA Tbk
29 April 2025
Laporan keuangan konsolidasian Q1 2025 PT STEEL PIPE INDUSTRY OF INDONESIA Tbk
Don't Build The Bad Canopy: Recognize The Importance of Dimensional Accuracy in Hollow GI
28 April 2025
Canopy installation often looks simple, but in reality requires high accuracy, especially in material selection. One of the main causes of less than optimal canopy results is the use of Galvanized Hollow Pipe (GI) with imprecise dimensions.
Jangan Salah Pasang Kanopi: Kenali Pentingnya Presisi Dimensi pada Hollow GI
28 April 2025
Pemasangan kanopi sering kali terlihat sederhana, namun pada kenyataannya memerlukan ketelitian tinggi, terutama dalam pemilihan material. Salah satu penyebab utama hasil kanopi yang kurang maksimal adalah penggunaan Pipa Hollow Galvanis (GI) dengan dimensi yang tidak presisi.
SPINDO Successfully Achieves Best Stock Awards 2025
25 April 2025
PT STEEL PIPE INDUSTRY OF INDONESIA Tbk (SPINDO) made another achievement by winning the Best Stock Awards 2025 in the Sectoral category - Middle Cap Raw Goods Sector. This prestigious award was given by Investortrust and Infovesta Utama in an event held at The Sultan Hotel, Jakarta.
SPINDO Sukses Mencapai Best Stock Awards 2025
25 April 2025
PT STEEL PIPE INDUSTRY OF INDONESIA Tbk (SPINDO) kembali mencetak prestasi dengan meraih penghargaan Best Stock Awards 2025 dalam kategori Sectoral - Sektor Barang Baku Middle Cap. Penghargaan bergengsi ini diberikan oleh Investortrust dan Infovesta Utama dalam sebuah acara yang digelar di The Sultan Hotel, Jakarta.
Summary Additional Information on the Sustainable Public Offering of Sustainable Bonds II SPINDO
17 April 2025
Referring to the Financial Services Authority Regulation No.36/POJK.04/2014 dated 8 December 2014 concerning the Sustainable Public Offering of Debt and/or Sukuk Securities and in connection with the plan of PT Steel Pipe Industry of Indonesia Tbk to conduct a Sustainable Public Offering of Sustainable Bonds II SPINDO Phase III Year 2025 and Sustainable Sukuk Ijarah II SPINDO Phase III Year 2025, We hereby convey Summary Additional Information, related to the planned issuance of Bonds and Sukuk Ijarah.
Penawaran Umum Berkelanjutan Obligasi Berkelanjutan II SPINDO
17 April 2025
Menunjuk pada Peraturan Otoritas Jasa Keuangan No.36/POJK.04/2014 tanggal 8 Desember 2014 tentang Penawaran Umum Berkelanjutan Efek Bersifat Utang dan/atau Sukuk dan sehubungan dengan PT Steel Pipe Industry of Indonesia Tbk untuk melakukan Penawaran Umum Berkelanjutan Obligasi Berkelanjutan II SPINDO Tahap III Tahun 2025 dan Sukuk Ijarah Berkelanjutan II SPINDO Tahap III Tahun 2025, dengan ini kami menyampaikan perubahan informasi tambahan ringkas yang diperlukan penerbitan Obligasi dan Sukuk Ijarah tersebut.
SPINDO Receives “Best Sustainability-Linked Bond” Award in The Asset Triple A Awards 2025
11 April 2025
PT STEEL PIPE INDUSTRY OF INDONESIA Tbk (SPINDO) made another achievement by winning the “Best Sustainability-Linked Bond” award at The Asset Triple A Awards-ASEAN/DEAL Awards for the Sustainable Finance 2025 category.