JAKARTA. PT Federal International Finance (FIF Group) has prepared funds of IDR 1.3 trillion to pay its Shelf-Registered Bonds III, which will mature on March 12, 2022.
In the information disclosure in Indonesia Stock Exchange today (17/2), the management highlighted the need to oblige the rules IV.2.11 of IDX Regulation No I-E dated January 29, 2021, regarding the Obligation to Disclose Information before actually making the payment.
Therefore, the company is required to draw up funds at least 15 days prior to the maturity date to be channelled as the payment for principles and interests of the Shelf-Registered Bonds III of Federal International Finance. For the record, the interest rate set for the Series B of Bonds Phase V Year 2019 amounted to IDR 1.37 trillion.
In 2021, FIF had demonstrated positive results from the financing channelling segment, climbing 4.64% to IDR 32.83 trillion. “With the spirit of FIF Group that are constantly agile and innovative in providing optimal service, it managed to survive and triumph until now,” Esther Sri Harjati, Human Capital, General Support, and Corporate Communication Director of FIF Group, claimed in the press release earlier this year. (AM/ZH)