Maybank Finance Issue Rp 500 B Bond

By : Wiyanto Dan Aldo Bella Putra | Monday, April 09 2018 - 17:00 IWST

Maybank Indonesia (Foto Ist)
Maybank Indonesia (Foto Ist)

INDUSTRY.co.id - Jakarta - PT Mybank Indonesia Finance conducted a sustainable IPO II with a value of Rp 5 trillion. Of the target, faze I of this year as much as Rp500 billion.

According to President Director of Maybank Finance Alexander, Rp500 billion of first phase bonds will be issued in the first half of 2018, divided into two tenors, namely A for three years and series B for five years. Each interest rate is 7.35-7.85 percent and 7.65-8.15 percent.

The bonds will have a fixed interest rate and interest will be paid quarterly on a 30/60 basis.

"Mybank Finance will use the proceeds from the issuance of bonds for working capital," he said in Jakarta, Monday (9/4/2018).

He said the series A bonds mature on May 17, 2021 and the bond series B matures on May 17, 2023. Fitch rating has rated this bond with AA + (idn). Each interest is 7.35 and 7.85 percent respectively
7.65, 8.15

The initial offering period will be on April 9-24, 2018 and the period of public offering on May 9-14, 2018. As for the allotment date on May 15, 2018, the date of payment from the investor on May 16, 2018 and the date of emission payment dated May 17, 2018, with listing in Indonesia Stock Exchange on May 18, 2018.

"Acting underwriters are PT DBS Vickers Sekuritas Indonesia, PT Indopremier Sekuritas and PT Mybank Kim Eng Sekuritas," he said.

News Comment

Today's Industry

Mechatronic Calotte Loader mWL.cs

Sabtu, 23 Januari 2021 - 17:50 WIB

Mechatronic Systemtechnik Unveils Proprietary Calotte Loader mWL.cs

A fully automated stand-alone system for transferring wafers between cassettes and calottes, the mWL.cs provides integrated device manufacturers (IDMs) an opportunity to increase yield and improve…

Synopsys Software

Rabu, 13 Januari 2021 - 18:40 WIB

Synopsys Recognised as a Leader in Static Application Security Testing by Independent Research Firm

Synopsys receives highest score among 12 SAST providers in current offering category.

Electro-Balancer (E-Balancer)

Rabu, 13 Januari 2021 - 16:00 WIB

ZASCHE Handling Rolls Out New Range of Electric Balancers

the E-Balancer is a versatile tool suited for a broad range of heavy-duty industrial applications.

Taylor Armerding, Software Security Expert at Synopsys Software Integrity Group (Photo by Linkedin)

Rabu, 13 Januari 2021 - 15:40 WIB

What is the Cost of Poor Software Quality in the U.S.?

And if you doubt its credibility, or that it applies to software, check out the latest report from the Consortium for Information & Software Quality (CISQ), in partnership with Synopsys, “The…

Nivedita Murthy - Senior Security Consultant, at Synopsys Software Integrity Group

Jumat, 08 Januari 2021 - 17:35 WIB

DevSecOps: The good, the bad, and the ugly

DevSecOps is the practice of integrating security into every stage of the DevOps pipeline.