JAKARTA (Yosefardi) – PT Indomobil Finance Indonesia, unit of PT Indomobil Multi Jasa Tbk, downsized its bond issue to Rp210 billion from initial plan Rp300 billion.
This is part of its Rp4 trillion bond issue program. The company had issued bonds worth Rp1.3 trillion last year and issued bonds worth Rp612 billion this year.
The company will offer current bond in three series; series A amounting 51 billion with tenor of 370 days and coupon of 9.25%, series B amounting Rp73 billion with tenor of 36 months and coupon of 10.75%, and series C amounting Rp86 billion with 40 months tenor and 11% coupon.
Acting as underwriters are PT Indo Premier Securities, PT Kresna Graha Sekurindo Tbk, PT Maybank Kim Eng Securities, and PT RHB OSK Securities Indonesia.
The bond offering is scheduled for December 5-6, 2013.