PLN issued IDR5 trillion MTN

The State owned Electricity Company (PLN) issued medium term notes (MTN) worth IDR5 trillion.
Mandiri Sekuritas has been appointed as the arranger and PT Bank Mandiri Tbk as the trustee boards.
The MTN has five year tenures with per semester in ten installments with each worth IDR500 billion within five years.
Formerly, PLN will divest the IDR8 trillion bonds and promissory notes (p-notes) in semester II this year. Based on public expose to the Indonesian Exchange Center Custodian (KSEI), PLN issued the A to J series of MTN PLN 2008 worth totally IDr5 trillion.
Every series has consecutive due date starting from 15 June 2009, 15 December 2009, up to 15 December 2013 in rupiah denomination and floating coupon rate. The bonds here have AA- rating from the Indonesian Rating Company