Jakarta, 7 August 2020. The financing company PT Mandiri Tunas Finance (MTF) seeks to support national economic recovery by helping the community to meet their motor vehicle financing needs on an ongoing basis. selective and careful, and strives to maintain the company's position strong, especially from a financial perspective. For this reason, MTF is increasing capital by issuing bonds through a Sustainable Public Offering under the name “Sustainable Bonds V Mandiri Tunas Finance Phase I Year 2020”.

MTF Finance Director Armendra explained, “The positive response from the market for the offering of Sustainable Bonds V Mandiri Tunas Finance Phase I 2020, is a manifestation of the investment world's trust in the multi-finance industry, especially in Mandiri Tunas Finance. The bond amount worth IDR 858 billion is in line with the Company's current liquidity needs.”

In the Additional Information and/or Revised Abridged Prospectus published on 7 August 2020, the Company explained that the issuance of Bonds worth a total of IDR 858 billion consists of two series, namely Series A and Series B Bonds. A has a principal amount of IDR 472 billion with a fixed interest rate of 8.00% per year and a term of 3 (three) years. Meanwhile, Series B Bonds have a principal amount of IDR 386 billion with a fixed interest rate of 8.60% per year and a term of 5 (five) years. Payment for series A and series B bonds is made in full (bullet payment) of 100% (one hundred percent) of the principal amount.

Bond interest is paid every 3 (three) months from the Issuance Date, in accordance with the payment date of each Bond Interest. The first Bond Interest payment will be made on November 13 2020, while the last Bond Interest payment and maturity of the respective Bonds will be on August 13 2023 for Series A Bonds and August 13 2025 for Series B Bonds. Bond payments will be made in full (bullet payment) at maturity.

The Sustainable Bonds V Mandiri Tunas Finance Phase I 2020 have been declared effective on 6 August 2020, entering the offering period on 10 August 2020, with an allotment date of 11 August 2020. Electronic bond distribution will be carried out on on August 13 2020 and will be listed on the Indonesia Stock Exchange on August 14 2020. This bond issuance is supported, among others, by PT Mandiri Sekuritas as Managing Underwriter for the Bond Issue, and PT Bank Rakyat Indonesia (Persero) Tbk as trustee. This bond is part of the Sustainable Public Offering V Mandiri Tunas Finance with a target of raising IDR 5 trillion.