PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) intends to launch fixed rate Rp750 billion bonds issuance on December 23 2010. The bank will use the issuance proceed to underpin credit expansion.
In the prospectus published today, BTPN will issue two series bonds, 3 year series and 5 year. Three lead underwriters PT CIMB Securities Indonesia, PT Danareksa Sekuritas, and PT Indo Premier Securities will underwriter the bonds issuance.
Disclosure: No position at the stock mentioned above.
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