PTPN V issues MTN of IDR 445 billion without a public offering

13 September 2021 07:59

JAKARTA. Today (13/9), PT Perkebunan Nusantara (Persero) or PTPN V issues debt securities in the form of Medium Term Notes (MTN) with a face value of IDR 455 billion.

The said securities had been registered in the Indonesian Central Securities Depository (KSEI) under MTN II PTPN V Year 2021. The offered interest rate set by PTPN V amounts to 11.25% per year, periodically paid every three months. Holding a 58-months tenor, this MTN would mature by July 13, 2026.

The electronic distribution of the notes will be conducted today (13/9). The trading and transfer unit for the MTN is set to IDR 12.5 billion.

PTPN V had appointed PT Bank Pembangunan Darah Jawa Barat dan Banten Tbk (BJBR) as the monitoring and security agents. Meanwhile, PT Bank Mandiri Sekuritas would act as the arranger of this MTN issuance.

According to idnfinancials.com, PTPN V recorded a 27% growth in revenue in 2020, scoring IDR 5.3 trillion. With a net profit margin of 7.6%, PTPN V then manages to bring in earnings after taxes of IDR 405 billion. (KR/ZH)

© 2024 - IDN Financials - All Rights Reserved.