Bapepam-LK has allowed PLN to double the value of its bonds

Saturday, January 9th, 2010

The Capital Market and Financial Institutions Supervisory Board (Bapepam-LK) has allowed state electricity firm PT Perusahaan Listrik Negara (PLN) to double the value of its bonds offered to Rp3 trillion. Bapepam allowed PLN to do so after the bonds were oversubscribed, PLN Finance Director Setio Anggoro said in a press statement ...

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Asian investors interested in buying former Bank Century

Saturday, November 28th, 2009

Firdaus Djaelani, chief executive of the Deposit Insurance Agency (LPS), said several investors from Asia were seriously considering to buy Bank Mutiara or former Bank Century. "Several of them have shown serious interest and have come three times to enquire about Bank Mutiara," he said at a press conference. LPS became Bank ...

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BNI to issue US$300 m in subordinated bonds

Wednesday, October 28th, 2009

Bank Negara Indonesia (BNI), the country`s third largest state lender, plans to issue subordinated bonds estimated at US$300 million late this year or early next year. The bonds to be issued at a yield of 7-8 percent will be payable in 5-10 years, the bank`s treasury and international affairs director, Bien ...

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