Indonesia' Maybank will Issue Bonds of US$ 71.42 M
PT Maybank Indonesia Tbk
JAKARTA (TheInsiderStories) – Publicly listed lender, PT Bank Maybank Indonesia Tbk (IDX: BNII) raised its bond issuance value from Rp359 billion to Rp379 billion (US$25.27 million), according to company announcement on Thursday (25/10).
The bond will be released in three series. Series A, valued Rp235 billion offered with 7.8 percent interest rate annually and 370 days maturity. Series B—the increment value—is now offered at Rp69 billion with interest rate at 8.6 percent with maturity for 3 years.
And, Series C amount is Rp75 billion with coupon rate 8.8 percent, and due in 5 years.
The bond emission is guaranteed by PT BNI Sekuritas, PT DBS Vickers Sekuritas Indonesia, PT Indo Premier Sekuritas, also PT Maybank Kim Eng Sekuritas, which affiliated with the bond issuer.

The bank is unit of the Malaysian’s Maybank Group. As of June 30, 2018, the lender has 390 branches including Sharia branches and micro functional offices spread across Indonesia as well as one overseas branch (Mumbai, India) and 1,595 ATMs, including more Cash Deposit Machines connected with more from 20,000 ATMs and connected with 3,500 Maybank ATMs in Singapore and Malaysia.

Until the end of June 2018, Maybank Indonesia managed customer deposits in the amount of Rp113.7 trillion and had total assets valued at Rp171.7 trillion.

Written by Staff Editor, Email: theinsiderstories@gmail.com