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JAKARTA - PT Antam plans to issue bonds denominated indollars. I Antam Sustainable Bonds with fixed interest rates, is targeted to reap a total fund of Rp 4 trillion.
Mandiri Securities Managing Director of Faith Rachman, afterexposure to the general plan in Jakarta on Thursday(10.11.2011), as the trustee stating publication is divided into twophases with Phase I maximum of Rp 1.5 trillion.
These bonds have two series, ie series A with a period of 7years of terraced flower-9 8.375 percent, 125 percent and seriesB with a storied 10-year interest rate of 9 percent-9, 75 per cent.
Antam president director, Loebis Lubis, said the issuance ofbonds to be one funding option for the optimization of the company. "Rating of AA bonds Pefindo Antam also reflects the financial strength of the company," said Loebis.
About 20 percent or Rp 800 billion of bonds will be used to investregularly in Antam's corporate business. While 80 percent or Rp 3.2 trillion for business development, among other options open up new mines and the implementation of core businessdevelopment projects.
source: kompas.com
Mandiri Securities Managing Director of Faith Rachman, afterexposure to the general plan in Jakarta on Thursday(10.11.2011), as the trustee stating publication is divided into twophases with Phase I maximum of Rp 1.5 trillion.
These bonds have two series, ie series A with a period of 7years of terraced flower-9 8.375 percent, 125 percent and seriesB with a storied 10-year interest rate of 9 percent-9, 75 per cent.
Antam president director, Loebis Lubis, said the issuance ofbonds to be one funding option for the optimization of the company. "Rating of AA bonds Pefindo Antam also reflects the financial strength of the company," said Loebis.
About 20 percent or Rp 800 billion of bonds will be used to investregularly in Antam's corporate business. While 80 percent or Rp 3.2 trillion for business development, among other options open up new mines and the implementation of core businessdevelopment projects.
source: kompas.com
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