JAKARTA (Yosefardi) – PT Bima Multi Finance plans to issue bonds worth Rp300 billion, used to fund its working capital. The book building is scheduled for November 26, 2015 to December 4, 2015. The offering is set for December 17-18, 2015.

The bonds will be issued in two series with tenor of 370 days and 3 years. Acting as underwriters are PT Trimegah Securities Tbk and PT Victoria Securities Indonesia.

As at June 2015, Bima Finance’s liability reached Rp813 billion and assets reached Rp1.04 trillion. It booked net profit of Rp13.5 billion in first half of 2015 on revenues of Rp171 billion.