Jakarta - PT Federal International Finance offers coupons ranging from 3.50 to 5.60% for sustainable bonds V phase III-2022.

Based on the prospectus published Friday (11/3), FIF issues a maximum of Rp2 trillion. This bond is part of the Sustainable Bonds V program with a target of obtaining funds of Rp 10 trillion.

In phase III, the bonds have two series, namely series A worth Rp1.19 trillion with a coupon of 3.50% and a tenor of 370 days, and series B worth Rp806.97 billion with a coupon of 5.60% and a tenor of 36 months.

The company will use all proceeds from the issuance of these bonds for working capital, particularly for motor vehicle consumer financing.

To issue this bond, FIF has obtained a rating from Pefindo, namely 'AAA' and Fitch Ratings Indonesia 'AAA'.

The underwriters for the issuance of the bonds were entrusted to PT BCA Sekuritas, PT CIMB Niaga Sekuritas, DBS Vickers Sekuritas Indonesia, PT Indo Premie