JAKARTA (Yosefardi) – State-owned investment company PT Permodalan Nasional Madani (PMN) has on September 18, 2013 issued Rp125 billion worth of medium term notes (MTN).
The 7th MTN will mature in 18 months with return of 8.3% per annum. PNM is engaged in financing of micro, small, medium enterprises and cooperative players in the country.
The company claimed to have disbursed Rp8 trillion of investment loans to SMEs and cooperatives since 2008. This year, PNM plans to boost its financing to Rp3.1 trillion, an increase of 11% from last year.
Parman Nataatmadja, director of PNM, said earlier that the company might offer its shares to public in 2015.