PT BFI Finance Indonesia Tbk (BFIN) plans to issue sustainable bonds V phase II in 2021 with a principal amount of Rp1 trillion.

The brief prospectus released on Wednesday (21/7), the company offer the Phase II continuous bond in three series: Series A worth Rp210 billion with a 5.25% coupon with a term of 370 days, series B Rp260 billion with a coupon of 6.25% with a tenor of 2 years, and Series C Rp530 billion with a coupon of 7.25% and a tenor of 3 years.

Funds obtained from the proceeds of this public offering will be used entirely for working capital in the form of investment financing, working capital, and multi-use (other than sharia-based financing).

The company has obtained a rating from Fitch Ratings Indonesia, namely 'A+,' to issue this bond.

The underwriters for the bond issuance were entrusted to PT BCA Sekuritas, PT BNI Sekuritas, PT BRI Danareksa Sekuritas, DBS Vickers Sekuritas Indonesia, PT Mandiri Sekuritas and PT Tri