JAKARTA. PT Federal International Finance (FIF), a subsidiary of PT Astra International Tbk (ASII), is offering a Rp 1.5 trillion bond in its Shelf-Registered Bond IV Phase I 2019 programme.
According to FIF's management, the bond is offered in two series': Series A with a principal of Rp 457.67 billion and 7.55% annual fixed rate and Series B with a Rp 1.04 trillion principal and 8.55% fixed rate. The series' have tenors of 370 calendar days and 36 months since the issuance date respectively.
The bond series' have been registered in the Indonesian Central Securities Depository (ICSD) as FIFA04ACN1 and FIFA04BCN1.
FIF has appointed six securities firms as lead underwriters, namely PT BCA Sekuritas, PT CGS-CIMB Sekuritas Indonesia, PT DBS Vickers Sekuritas Indonesia, PT Indo Premier Sekuritas, PT Mandiri Sekuritas, and PT Trimegah Sekuritas. (KR/MS)