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PNM’s first bond offer will support small businesses

Friday, September 14, 2012

WN.com - Business News
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PNM's first bond offer will support small businesses
Sep 15th 2012, 04:31

Paper Edition | Page: 13 State-owned financing firm PT Permodalan Nasional Madani (PNM) will sell bonds amounting to Rp 500 billion (US$52 million), which will be used to help the company disburse loans to micro and small enterprises. The debt papers, which are the company's first bond issue, will give yields of 8.75 to 9.5 percent, PNM announced on Friday. The company will sell the five-year bonds...
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