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Jakarta (Benchmark News) – PT Impack Pratama Tbk (the company) Industries, will issue bonds totalling as many staple of IDR 500 billion.
The company’s President, Haryanto Tjiptodihardjo, stated, these bonds will be issued in two Series, series A bonds with a period of 3 (three) years with interest range 9.50%-10.00% from the date of emission, series B bonds with a period of 5 (five) years with interest rate range of 9.75% to 10.25% from the date of emission.
The guarantor executing emission effects in this public offering are PT BCA securities and PT Sucorinvest Central Gani.
“The bonds will be guaranteed a minimum of 110% (a hundred and ten percent) of the value of the principal amount of bonds. Bonds gets a rating of idA-from Pefindo. manufacturer and distributor of building materials and plastics, “he’s obviously in Jakarta, Monday (7/12/2016).
According to him, the funds obtained from the results of the issuance of the bonds, after deducting the costs of emissions, it will be used entirely as a debt repayment of the company’s bank or the child entities, capital expenditures of the company or entity, and working capital for the company or entity.
“The company’s experience and proven track record over the past 35 years, the operations management is good, a strong cash flow projections and the company’s profile. We are optimistic bonds will get a positive response from investors, “said Haryanto…(Red)
