Time to Business

PT Bakrie & Brothers Tbk (BNBR) plans to issue bonds worth USD200 million-USD250 million. Issuance of these bonds to anticipate the funding needs of financial investment activities in the future, as well as short-term debt refinancing with debt 3-5 year term.

Alluding to the terms and conditions of such bonds, Bobby Gafur Umar, Managing Director / CEO BNBR, said that the company is still in its early stages of negotiations with the six prospective underwriters.

Therefore, the company met investors in Hong Kong and Singapore in ASEAN activities Access Forum. Presence BNBR in this forum is the first time after more than a year the company did not attend the road show event.

The Company explained BNBR development plan into a strategic investment company to investors while attending the ASEAN Access Forum in Hong Kong and Singapore.