Sunday, March 15, 2009

Bank Ekspor boosts up bonds to IDR2 trillion

The bond issuance value of PT Bank Ekspor Indonesia will be increased up to IDR2 trillion or higher than the former target of IDR1-1.5 trillion.
Bank Ekspor bond issuance is assisted by PT Trimegah Securities and PT Danareksa Sekuritas.
Bond issuance here deals with the function to be performed by the company serving as the Indonesian Export Financing Institution (LPEI) entitling Indonesia Eximbank.
The new business entity targets to bolster the assets up to IDR48 trillion as from early position of IDR10.2 trillion in the next five years.
In response to the status change scheme, PT Pemeringkat Efek Indonesia (PEfindo) upgraded Bank Ekspor rating as from idA+ into idAAA with stable prospect.

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