JAKARTA (Yosefardi) – PT Bank UOB Indonesia plans to issue bonds worth Rp1.5 trillion next month, used to support its loan expansion.

The bond offering is scheduled for March 24-26, 2015, offered in three series with tenor of 370 days, 3 years, and 5 years.

Acting as underwriters are BCA Sekuritas, Indo Premier Securities, Mandiri Sekuritas, Standard Chartered Securities Indonesia, and UOB Kay Hian Securities.

As at September 2014, Bank UOB’s liability reached Rp67.1 trillion while asset totaled Rp76.87 trillion.