PLN bonds climb up to IDR2.2 trillion

The State owned Electricity Company (PLN) increased the bonds as from IDR1.5 trillion into IDR2.2 trillion.
PLN set 14.75 percent coupon for the A series bond with 5 years tenure and 15 percent for the B series with 7 years tenure. Formerly the offered annual coupon was 15.75-16.75 percent for the A series bond and 15.78-16.78 percent for the B series.
The bonds issuance is underwritten by PT Trimegah Securities Tbk, PT Danareksa Sekuritas, and PT Indopremier Securities.