Monday, April 13, 2009

Bahana tackles IDR 1,5 Trilion Pawnshop bonds

The State owned Pawnshop appointed PT Bahana Securities to become leading underwriter for the IDR1.5 trillion bond issuances.
Pawnshop finance director Budiyanto said the member of underwriting syndication will be done separately.
Some 11 securities companies both the state owned ones including Bahana Securities, Danareksa Sekuritas, Mandiri Sekuritas and private companies took part in the Pawnshop bond issuance selection.
The pawnshop here requires a securities company having net working capital at least IDR35 billion which is eligible to the selection.

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