{
    "success": true,
    "data": {
        "id": 1484586,
        "msgid": "pln-sets-1225-coupon-on-bonds-1447893297",
        "date": "2004-10-23 00:00:00",
        "title": "PLN sets 12.25% coupon on bonds",
        "author": null,
        "source": "DOW JONES",
        "tags": null,
        "topic": null,
        "summary": "PLN sets 12.25% coupon on bonds JAKARTA: Indonesia's state-owned electricity company PT Perusahaan Listrik Negara (PLN) on Friday set a fixed 12.25 percent coupon on its Rp 1.5 trillion (US$165.20 million) 10-year bonds, a banker said. PLN had indicated a 12 percent to 12.5 percent coupon earlier this month.",
        "content": "<p>PLN sets 12.25% coupon on bonds<\/p>\n<p>JAKARTA: Indonesia's state-owned electricity company PT<br>\nPerusahaan Listrik Negara (PLN) on Friday set a fixed 12.25<br>\npercent coupon on its Rp 1.5 trillion (US$165.20 million) 10-year<br>\nbonds, a banker said.<\/p>\n<p>PLN had indicated a 12 percent to 12.5 percent coupon earlier<br>\nthis month.<\/p>\n<p>\"The bonds were well received by the market with a total Rp 4<br>\ntrillion in orders received during the recent book building<br>\nprocess,\" Akhabani, a director with PT Trimegah Securities, told<br>\nDow Jones Newswires. Trimegah is a co-lead underwriter.<\/p>\n<p>Over one-third of the orders came from pension funds and one-<br>\nfifth from mutual funds, Akhabani said. The issue of the<br>\nunsecured paper marks PLN's return to the local bond market after<br>\n1997. PLN will use the proceeds to finance the development of a<br>\n850-megawatt power plant in West Java. -- Dow Jones<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/pln-sets-1225-coupon-on-bonds-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}