BFI Finance Offer IDR 500 billion Bonds

BFI Finance Offer IDR 500 billion Bonds
BFI Finance Offer IDR 500 billion Bonds

PT BII Finance Center offers the latest Bond Bond I Phase I in 2015 with a total value of Rp 500 billion. The bonds were offered in two series ie Series A with the amount of 10.35% coupon and a tenor of 3 years, while Series B coupon 10.90% with a tenor of 5 years, each of which has a total value of Rp 300 billion and Rp 200 billion. 

The Company will use the proceeds from the bond issuance for financing working capital. Bonds that have earned a rating of 'AA + (idn)' from Fitch Ratings will be offered generally in 6 to 9 November and will be listed on November 13, 2015. 

Based on data from IBPA, this coupon offer has spread +177 bps and +225 bps with SUN tenor respectively 3 and 5 years.

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