JAKARTA (Indonesia Today) – PT Bank Pembangunan Daerah Lampung announces on prospectus today it plans to issue bond worth Rp500 billion for funding loan expansion.

The offering of bond, with tenor of 5 year, is scheduled for October 2-4, 2012 and listing at stock exchange is set for October 10, 2012.

Indonesia rating agency Pefindo has rated IdA- for the bond while PT Fitch Rating Indonesia has rated A (idn) for the bond.

PT Bahana Securities will act as underwriter for the bond.

As of March 2012, the bank’s liability amounted Rp4.49 trillion. (hans@theindonesiatoday.com)