PLN Offers 7.2% – 8.5% Coupon
Perusahaan Listrik Negara (PLN) holding continuous public offering (PUB) of bonds and Sukuk Ijarah II worth IDR10trn in total. During the stage one, the company will release IDR1.6trn bonds and IDR400bn Sukuk Ijarah II. The company offers 7.2%-7.7% coupon rate for A series (5-Years); 7.55%-8.1% for B series (7-Years); and 7.95%-8.5% for C series (10-Years)..
Read More...BNI Banks Issued IDR3trn Bonds
Bank Negara Indonesia, Tbk (BBNI IJ) will issue IDR3trn bonds in June 2017. This is a 5-years bond with idAAA (triple A) ratings from Pemeringkat Indonesia (Pefindo). This issuance is part of the continuous bonds I with a total target of IDR10trn. Besides for credit expansion, the purpose for this bonds issuance is to increase.
Read More...Medco Energi Released IDR1.3Trn Bonds
Medco Energi International, Tbk (MEDC IJ) planning to release II continuous bonds tranche V worth IDR1.3trn. This bonds will be offered in 3 series, A series 1-year with 8.75% coupon; B series 3-years with 10.8% coupon; and C series 5-years with 11.3% coupon. The company will use 60% of the funds to pay off both.
Read More...PNM Issued IDR4Trn Bonds
A company specializing in funding micro businesses, Permodalan Nasional Madani (PNM) will issue IDR4trn bonds until 2018 to support the company’s working capital. Currently, the company will issue I stage continuous public offer (PUB) II worth IDR1.5trn. Then, PNM will issue another bond worth IDR1trn on 2H2017 and IDR1.5trn on 2018. The funds will be.
Read More...CSUL Offers IDR500Bn Bonds
Multifinance company, Chandra Sakti Utama Leasing offers IDR500bn bonds with coupon varies from 9.25% to 10.75% in order to push financing business. The bonds are divided into two series, A series 370-days with coupon range 9.25%-10% and B series 3-years with coupon range 10%-10.75%. This is the first bonds that the company has been issued..
Read More...BNI Bank Issue IDR5trn Bonds
Bank Negara Indonesia, Tbk (BBNI IJ) is looking for IDR10trn fund that comes from bonds’ issuance worth IDR5trn and negotiable certificate of deposit (NCD). The company is utilizing current momentum regarding Indonesia’s investment grade in order to get a low-interest rate. Furthermore, Mayapada Bank also doing the same thing. By this year, Mayapada Bank is.
Read More...Bank Mandiri Taspen Pos will Issue Bonds and NCD
The company plan to fix its funding structure through bonds and Negotiable Certificate of Deposit (NCD) issues. This strategy is to sustain company’s credit expansion in this year. The company projected to issue bonds on this coming June, worth IDR2trn through 2 series, 3 and 5 years. Fitch’s Rating granted AA on the first issue..
Read More...Bank Mandiri to Issue IDR5Trn Bonds
State-owned lender Bank Mandiri, Tbk (BMRI IJ) expects to raise IDR5trn (USD375.6mn) from an upcoming bonds issuance to support its long-term financing on infrastructure projects. The upcoming issuance will take form in two types of securities, namely coupon-bond and zero-coupon bond. The lender will become the first bank in the country to issue such debt.
Read More...XL Axiata to Offer IDR2.18Trn Islamic Bonds
XL Axiata, Tbk (EXCL IJ) Indonesia’s second-largest mobile phone operator is planning to raise IDR2.18trn (USD163mn) from selling Islamic bonds this month to refinance its debt and fund its working capital. The company’s Islamic bond sale is the second tranche of the planned IDR5trn issuance. In 2015, XL issued IDR1.5trn. The company will offer the.
Read More...SMF in Search of Fresh Funds to Finance Mortgages
State-owned company Sarana Multigriya Finansial (SMF) has prepared a new round of self-registration bond s with the intention of securing another IDR12trn (USD897) in fresh funds to support its mortgage refinancing business. The bonds would be issued in several stages starting from the second quarter until 2018, with the ceiling for the bonds is twice.
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