JAKARTA. PT Permodalan Nasional Madani Venture Capital (PNM Venture Capital) has issued medium term notes (MTN) with a principal value of IDR 200 billion.

These securities have been registered in the collective deposit of the Indonesia Central Security Depository (KSE) under the title MTN III of Series A of PNM Venture Capital Year 2022. In this issuance, PNM Venture Capital has assigned PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) as the trustee.

This MTN will be issued with a fixed interest rate of 10.25% per annum and a tenor of 3 years.

The electronic distribution of this MTN will take place on January 25, 2023, while the interest payment will be made every three months, starting from April 25, 2023. (KR/ZH)