Tuesday, March 12, 2013

OCBC NISP Accelerate Repayment of Subordinated Bonds II 2008

PT Bank OCBC NISP Tbk plans (on March 12, 2013) to use the right of repurchase (call option) subordinated bonds II 2008, Rp600 billion.

Based on data from PT Kustodian Sentral Efek Indonesia, the bonds which will be bought back will be due on March 11, 2018.

Debt securities issued in March 2008, gave 11.1% fixed coupon payable every 3 months. Since its publication, the company have made the payment coupon 20 times. (Bisnis Indonesia)

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