Jakarta, 22 August 2023 – PT Mandiri Sekuritas (Mandiri Sekuritas), a subsidiary of Bank Mandiri, recorded excellent business and fundamental improvements. As of July 2023, Mandiri Sekuritas has successfully completed various investment banking transactions, including 4 IPOs, 27 IDR bonds, 5 global bonds and liability management, as well as 4 M&A deals.

Four large caps IPOs that have been successfully escorted by Mandiri Sekuritas until July 2023, namely: the IPO of PT Amman Mineral Internasional Tbk. (AMMN), worth IDR 10.7 trillion, the largest in Indonesia up to the date in 2023; the IPO of PT Trimegah Bangun Persada Tbk/Harita Nickel (NCKL), worth IDR 10 trillion, the IPO of PT Pertamina Geothermal Energy Tbk (PGEO), worth IDR 9.1 trillion, which as that time was the largest in Asia-Pacific and the renewable energy sector in Southeast Asia, and lastly, the IPO of PT Nusantara Sejahtera Raya Tbk (CNMA), valued at IDR 2.3 trillion, which is the largest modern cinema network operator in Indonesia.

In addition, Mandiri Sekuritas has also successfully completed the largest M&A transaction in the telecommunications sector in Indonesia, involving the spin-off and merger of Indihome and Telkomsel, a subsidiary of PT Telkom Tbk, with a transaction value of IDR 78 trillion. Meanwhile, for the Debt Capital Market, Mandiri Sekuritas through its subsidiary Mandiri Securities Singapore has successfully completed several global bond transactions amidst uncertain global market conditions, including the Indonesian government's global bonds worth USD 3 billion and Pertamina Geothermal worth USD 400 million.

Oki Ramadhana, President Director of Mandiri Sekuritas, said, "The main factor which supports these achievements is our comprehensive range of investment banking products and services, enabling us to provide holistic solutions to corporate clients. Mandiri Sekuritas offers a complete suite of investment banking services in Indonesia, including M&A advisory, equity and debt capital markets, as well as brokerage for both institutional and retail clients. We are highly committed to supporting the growth of corporate, institutional and retail clients’ businesses, and of course the Indonesian capital market."

"We manifest this commitment through various investment solutions, funding opportunities, and M&A transactions, which not only accelerate business growth but also contribute to the sustainability of long-term businesses," Oki added.

Apart from supporting various corporate actions, Mandiri Sekuritas is also committed to provide capital market transaction services to retail investors. Retail customers can buy or sell stock and mutual fund transactions through the Mandiri Online Securities Trading (MOST) digital application, which offers comprehensive and user-friendly features. Furthermore, in an effort to enhance transactions and boost the investment enthusiasm of retail customers, Mandiri Sekuritas organizes various promotions through MOST Carnaval, which includes product introduction activities and diverse capital market investment programs, such as the special MOST Rewards for customers and the Indonesian public.

"With the vision to continue being the best investment bank in Indonesia and growing sustainably alongside our clients, Mandiri Sekuritas remains committed to deliver even better services and digital investment solutions for the Indonesian capital market," Oki concluded.

Thanks to this performance, Mandiri Sekuritas has managed to maintain its dominance in the Investment Bank League Table in Indonesia, including the top ranking in Equity Underwriting as of July 2023.