Bank Mandiri sets coupon rate of 7.75-8.90% per annum for its Rp5t bonds

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JAKARTA (TheInsiderStories) – Bank Mandiri on Wednesday (Aug 24) announced its plan to issue Rp5 trillion bonds which will consist of three series – series A, B and C.

Series A bonds will mature in 5 years with coupon rate in a range of 7.75-8.25 percent per annum; Series B bonds will mature in 7 years with coupon rate in a range of 8.15-8.65 percent per annum; and Series C bonds will mature in ten years with coupon rate in a range 8.40-8.90 percent.

The value of each bond series is yet to be determined. (*)

 

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Source: The Insiderstories
Bank Mandiri sets coupon rate of 7.75-8.90% per annum for its Rp5t bonds

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