FIF Sets 4.6%-6.25% Coupons on Bond Sale Plan


PT Federal International Finance stipulates that the V phase I sustainable bond coupon in 2021 ranges from 4.6%-6.25%.

A brief prospectus, published on Friday (28/5), states that the company will issue the phase I 2021 sustainable bonds at a maximum of Rp1.5 trillion, out of the total proceeds target of Rp10 trillion in the company's bond sale program.

The bonds for phase I are offered in two series. Series A worth Rp628 billion with 370 days tenor carrying a coupon of 4.6%, and series B worth Rp872 billion with a three-year tenor carrying a coupon of 6.25%.
To issue these bonds, the company has obtained ratings from Pefindo and Fitch Ratings, respectively, "AAA" and "AAA (idn).

Meanwhile, the underwriters are entrusted with BCA Sekuritas, CIMB Niaga Sekuritas, DBS Vickers Sekuritas Indonesia, Indo Premier Sekuritas, Mandiri Sekuritas, and Trimegah Sekuritas Indonesia.

The company plans to use the funds obtained from



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