Chandra Asri Bonds Tranche I Worth IDR500Bn

Chandra Asri Petrochemical, Tbk (TPIA:IJ) will issue bonds through public offering (PUB) with the target maximum fund of IDR1Trn, in tranche I 2017 maximal value IDR500Bn. The proceed will be used to pay off the company’s debt, there is also the guarantor executing this bond issuance, namely: BCA Sekuritas, DBS Vickers Sekuritas Indonesia, and Mandiri Sekuritas. There is also acting as a buyer of these bonds are Citigroup Global Markets Singapore Pte Ltd, The Hongkong and Shanghai Banking Corporation Limited Singapore branch. Until now, company’s business is still on the track.

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