PT ABM Investama Tbk announced that it has commenced an invitation to holders of its outstanding 9.500% Senior Notes due 2026 to tender their Notes for purchase for cash up to a maximum aggregate principal amount USD 40,000,000, being the Maximum Acceptance Amount. The Offer is made on the terms and subject to the conditions set forth in a tender offer memorandum dated as of October 20, 2022. As of October 20, 2022, the aggregate principal amount of the Notes outstanding was USD 200,000,000.

The consideration for each USD 1,000 principal amount of Notes validly tendered at or prior to 5:00 p.m., New York time, on November 2, 2022 (the "Early Tender Time") and not validly withdrawn at or prior to 5:00 p.m., New York time, on November 2, 2022 (the "Withdrawal Deadline") and accepted for payment pursuant to the Offer shall be a price equal to the amount of USD 1,000 per USD 1,000 principal amount of Notes plus Applicable Accrued Interest, if all conditions to the Offer are satisfied or waived at or prior to the Settlement Date. Holders must validly tender their Notes at or prior to the Early Tender Time and not validly withdraw their Notes at or prior to the Withdrawal Deadline in order to receive the Early Tender Consideration. The consideration for each USD 1,000 principal amount of Notes validly tendered after the Early Tender Time but at or prior to 11:59 p.m., New York time, on November 17, 2022 and accepted for payment pursuant to the Offer shall be the amount of USD 950.00 per USD 1,000 principal amount of Notes plus Applicable Accrued Interest.

Notes tendered may only be withdrawn at or prior to the Withdrawal Deadline. If the Issuer is required by law to permit withdrawal, then previously tendered Notes may be validly withdrawn. In the event of a termination of the Offer, all Notes tendered pursuant to such Offer will be promptly returned to the tendering Holders.