7 Company compete to handle Bank Mandiri bonds

PT Bank Mandiri Tbk prepares an issuance of subdebt in rupiah and dollar worth less than IDR5 trillion scheduled in quarter IV/2009 up to quarter I/2010.
Director of Bank Mandiri Thomas Arifin conceded the bond issuance scheme here. But he refuted to provide the detail explanations.
"We keep monitoring the market and initially we have issued request for proposal to seven investment banks and securities companies," he said yesterday.
He said in case the market condition is possible, the bond issuance will be realized this year.
There were seven underwriter candidates invited by Bank Mandiri, namely Bahana Securities, Danareksa Sekuritas, Trimegah Securities, Deutsche Bank AG, Standard Chartered Securities Indonesia, Barclays Capital, and Mandiri Sekuritas.
"Mandiri Sekuritas will later assist the selected underwriter by Bank Mandiri," he said.