PT Artha Prima Finance will issue its first mid term notes (MTN) with fix interest rate of 10.50% amounted to IDR50 billion.
The first issuance was a part of MTN issuance plan with a total of IDR200 billion this year. MTN I has 370 days tenor. The funds from MTN issuance will be used for car’s leasing expansion.
Artha Prima’s first MTN was ranked idBBB with stable outlook from PT Pemeringkat Efek Indonesia (Pefindo). The company worked with PT Andalan Artha Advisindo Sekuritas as the arranger and PT Bank Sinarmas Tbk as the agent.
Until the end of last year, the company posted an increase in year-on-year revenue by 24.91% to IDR277.63 with net profit of IDR36.18 billion, up 4.28%.
The first issuance was a part of MTN issuance plan with a total of IDR200 billion this year. MTN I has 370 days tenor. The funds from MTN issuance will be used for car’s leasing expansion.
Artha Prima’s first MTN was ranked idBBB with stable outlook from PT Pemeringkat Efek Indonesia (Pefindo). The company worked with PT Andalan Artha Advisindo Sekuritas as the arranger and PT Bank Sinarmas Tbk as the agent.
Until the end of last year, the company posted an increase in year-on-year revenue by 24.91% to IDR277.63 with net profit of IDR36.18 billion, up 4.28%.
No comments:
Post a Comment