JAKARTA. PT MNC Kapital Indonesia Tbk (BCAP) will issue its Shelf-Registration IV Phase I Year 2023 with principal of IDR 260 billion.

Said obligation is a part of Public Offering of Shelf-Registration Bonds IV of BCAP with total target proceeds of IDR 650 billion.

Bonds Phase I Year 2023 will be offered in two series, consisting of series A and B. For series A, the tenor is set to 370 days, and series B has a tenor of 3 years. The coupon and principal of each series are yet to be determined.

The bond bookbuilding is scheduled to take place from December 27, 2023, to January 5, 2024. The public offering then follows on January 15-16, 2024, before finally being listed on Indonesia Stock Exchange (IDX) on January 22, 2024.

BCAP has assigned PT MNC Sekuritas as the lead underwriter and the underwriter, while PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) will be the trustee. (KR/ZH)