Bonds structure:

Publisher

PT. Bank Pan Indonesia Tbk (PNBN)

Target proceeds of Shelf Registration Bond

Rp. 10 trillion

Third phase issuance

 Rp 3.9 trillion, coupon rate of 7.60%, tenor February 27, 2023

Bonds rating

IDAA (Double A) from PT. Pemeringkat Efek Indonesian (PEFINDO)

Underwriter

• PT. Danareksa Sekuritas
• PT. Evergreen Sekuritas Indonesia
• PT. Indopremier Sekuritas
• PT. RHB Indonesian Securities
• PT. Trimegah Sekuritas Indonesia Tbk

Proceeds usage

For working capital of business development, especially providing credit and to increase the structure composition in of long-term fund associations

Schedule:

Public Offering Period

February 21-22, 2018

Allotment Date

February 23, 2018

Recording Date

February 28, 2018

Latest performance indicators:

Net interest income per September 30, 2017

Rp 6,425,818 million

Net income per 30 September 2017

Rp 2,186,587 million

Net CAR & NPL per 30 September 2017

26.04% & 0.94%

Shareholders

As of January 3, 2018

• PT. Panin Financial Tbk (PNLF) owns 46.04%
• Votraint No. 1103 Pty Ltd owns 38.82%
• Public (<5%) owns 15.14%