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Mandiri Tunas Finance issues bonds VI

Thursday, 3 January 2013

Mandiri Tunas Finance issues bonds VI

Monday 18 April 2011, at the Ballroom of the Kempinski Hotel Jakarta, PT Mandiri Tunas Finance held a Due Diligence Meeting and Public Expose in Jakarta in the context of a public offering of Mandiri Tunas Finance VI 2011 Bonds with a Fixed Interest Rate, with a principal amount of - the amount is Rp. 600 Billion. To issue these Bonds, MTF has obtained an IdA+ (Single A Plus; Stable Outlook) rating from Pefindo.

This bond is divided into 4 series, series A with a tenor of 370 days, series B with a tenor of 2 years, series C with a tenor of 3 years and series D with a tenor of 4 years. The entire proceeds from these bonds will be used as MTF working capital to support the new financing target in 2011 of IDR 6.5 trillion. Acting as Managing Underwriter for PT Mandiri Sekuritas Bonds. The public offering period is from 10-13 May 2011.