Bank BRI Issue Bond for Robust Expansion
Bank Rakyat Indonesia, Tbk (BBRI IJ) will issue and offer the Bank BRI II Phase II Year 2017 Self Registration Bonds, with a total amount of IDR5.1trn and such bonds was registered into KSEI’s collective custody by Bank Rakyat Indonesia (Persero) Tbk for Public Offering. The bonds issued in four series: the A series worth.
Read More...PT PP to Issue Perpetual Bonds to Ease Balance Sheet
State-owned contractor PP, Tbk (PTPP IJ) is preparing for the issuance of perpetual bonds, to strengthen its capital amid robust demand for infrastructure construction in the next few years. The perpetual bonds will have no maturity period but a call option. Once issued, the bonds will be bought by limited participation mutual fund (RDPT) issuers.
Read More...Adira Finance to Raise IDR2.4Trn from Bonds, Sukuk
Adira Dinamika Multi Finance, Tbk (ADMF IJ) is to raise IDR2.01trn from bonds and IDR386bn from sukuk mudharabah or Islamic bonds. For IDR2.01trn bond sale, the company will offer as much as IDR913bn worth of one-year bonds with a coupon rate of 7.50%, IDR860bn worth of three-year bonds with a coupon rate of 8.60%, as.
Read More...Indomobil Finance Issue Bonds worth IDR410Bn
Indomobil Finance, the subsidiary of Indomobil Multi Jasa, Tbk (IMJS IJ), issue bonds to raise funds. The company issue Continuous Bond II Indomobil Finance Indonesia with fixed interest rate Phase IV Year 2017 with a principal value of IDR410bn. This issuance is part of Bond II Indomobil Finance Indonesia with a maximum ceiling of IDR3trn..
Read More...Tunas Baru Lampung to Issue USD200Mn Global Bond
Tunas Baru Lampung, Tbk (TBLA IJ) plans to issue global bond worth USD200mn (IDR2.6trn) throught its subsidiary. The bond will be issued in Singapore Exchange Securities Trading. The company has not stated how it will use the proceeds from the bond. However, the company has outstanding bonds that will mature this year worth IDR1trn. Bank.
Read More...Mayora Indah Set its Coupon Bond at 9.25%
Mayora Indah, Tbk (MYOR IJ) set its Shelf Registered Bond I Tranche I worth IDR500bn coupon at 9.25%. The company also set its bond issuance in just one serie (5y). The net proceeds will be used for working capital and to pay off its maturing sukuk mudharabah II year 2012 worth of IDR250bn this year..
Read More...Two Salim Group’s Issuers will Release Bonds
Salim Group’s issuer, including Indomobil Finance Indonesia (the subsidiary of Indomobil Sukses Internasional, Tbk (IMAS IJ)), will release bonds to raise funds. Indomobil Finance will release Continuous Bond II Indomobil Finance Indonesia with fixed interest rate Phase IV Year 2017 with a principal value of IDR400bn. This issuance is part of Bond II Indomobil Finance.
Read More...Shelf Registration Bond II SAN Finance Tranche II Year 2017
BOND STRUCTURE Bond Name : Shelf Registration II SAN Finance Tranche II Year 2017 Issuance Size : IDR 1,500,000,000,000 (one trillion and five hundred billion rupiah) in principal amount Rating : idAA- (Double A Minus), stable outlook by PT Pemeringkat Efek Indonesia (“Pefindo”), AA(idn) (Double A), stable outlook by Fitch Rating Indonesia Tenures : Series.
Read More...Primary Activity Boosted by Multifinance Bonds Offer
Currently, there are three multifinance names offering new bonds in the primary market with one of the issuer i.e. Toyota Astra Financial (TAFS, idAAA/Stable) has completed the book building period. TAFS received decent bids for its new bond offering as it oversubscribed by 1.3 times, with investors’ appetite skewed to short term bonds. TAFS’ final.
Read More...WOM Finance on Rating Watch Negative
Fitch Ratings Indonesia has placed Wahana Ottomitra Multiartha Tbk’s (WOMF IJ, AA) on Rating Watch Negative (RWN), following its parent Bank Maybank Indonesia Tbk (BNII, AAA(idn)/Stable) that plans to sell its entire shares of 68.55% to investment holding company Reliance Capital Management. The transaction is expected to close in 1Q17. WOMF’s ratings currently stood at.
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