JAKARTA - F&B company PT Mayora Indah Tbk (MYOR) will issue Shelf-Registered Bond II Phase I/2020 amounting to Rp 500 billion on September 2-4, 2020. The bond will be issued in series' A, B, C, and D with varied interest rates and periods of 370 days to seven years.
In a prospectus on Friday (14/8), the company said proceeds from the bond issuance will be used as a loan to PT Torabika Eka Semesta to finance its working capital, which will be used for operational activities such as purchases of raw materials and wrappings.
Mayora has appointed PT Indo Premier Sekuritas, PT Mandiri Sekuritas, and PT RHB Sekuritas as underwriters in this corporate action, while PT Bank Permata Tbk (BNLI) has been appointed as a trustee. The underwriters have declared their full commitment to the bond issuance. (LK/MS)