Indah Kiat outlined IDR 3.50 trillion refinancing and Indah Kiat stock costs EUR 0.42

Published on 10/13/2026 at 10:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

New debt totals IDR 3.50 trillion for November maturities. Indah Kiat stock was EUR 0.42 on October 13, 2026.

Key points in brief

Indah Kiat outlined IDR 3.50 trillion of new debt instruments for November refinancing.
First-half 2026 sales reached USD 1.70 billion and net income reached USD 372.00 million.
The Lang & Schwarz price was EUR 0.42 on October 13, 2026 at 10:42 a.m. CEST.
The stock is listed on the Indonesia Stock Exchange under ticker INKP.

Indah Kiat, ID1000062201, Illustration mit AI erstellt.

Indah Kiat outlined IDR 3.50 trillion of new debt instruments for November refinancing, while Indah Kiat stock was EUR 0.42 at Lang & Schwarz on October 13, 2026 at 10:42 a.m. CEST. IDX Channel reported on October 10, 2026 that the plan covers IDR 2.00 trillion of bonds, IDR 1.50 trillion of sukuk and USD 13.76 million of dollar bonds.

Three dated balance-sheet signals

On September 29, 2026, Indah Kiat disclosed three maturing debt instruments totaling IDR 1.043 trillion plus USD 900,000, with repayments scheduled for November. Packaging News Daily said the repayments would be funded by earlier 2026 bond issuance.

On October 5, 2026, Kontan reported first-half 2026 sales of USD 1.70 billion, up 8.74 percent year over year, while net income reached USD 372.00 million, more than double the prior-year result. The figures give the refinancing plan a stronger operating backdrop, although the company still faces the funding discipline required by its debt schedule.

What does the refinancing change?

The November maturities include IDR 739.72 billion of bonds and IDR 303.56 billion of sukuk due on November 21, 2026, plus USD 900,000 of dollar bonds due on November 22, 2026. The new instruments are larger than the rupiah obligations due in November, giving Indah Kiat room to refinance rather than rely solely on operating cash flow.

The operating comparison is also material. First-half sales increased 8.74 percent to USD 1.70 billion, while net income rose 127.43 percent to USD 372.00 million, according to the October 5, 2026 report from Kontan. That combination improves the companys ability to absorb financing costs, but it does not remove exposure to pulp prices, currency movements or future capacity additions.

November dates set the next test

The next dated obligations are November 21, 2026 for the IDR 1.043 trillion of rupiah debt and November 22, 2026 for the USD 900,000 dollar bond. Investors therefore have a clear near-term test: whether the refinancing closes on schedule while the first-half earnings improvement continues into the second half.

At Lang & Schwarz, Indah Kiat was trading at EUR 0.42 on October 13, 2026 at 10:42 a.m. CEST. The Indonesia Stock Exchange quote was IDR 8,325 on October 13, 2026 at 3:37 p.m. WIB, while market capitalization stood at IDR 45.5 trillion and the 52-week range was IDR 6,250 to IDR 12,750. The further course of trading is shown by the continuously updated real-time quote of Indah Kiat stock.