Apr 12, 2012

Mitra Adiperkasa to issue Rp300 bonds

PT Mitra Adiperkasa Tbk (MAPI), a license holder of Starbucks, aims to issue Rp300 billion bonds by end of this year.
According to Corporate Secretary Fetty Kwartati, as quoted by Kontan daily today, the company will use the proceed to refinance upcoming due date of Rp300 billion bonds in December this year.
Initially, Mitra Adiperkasa issued Rp364 billion bonds in 2009. However, about Rp64 billion bonds will mature in 2014. She declined to explain more detail about the upcoming bond issuance.

Disclosure: No position at the stock mentioned above. 

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