Jakarta - PT Chandra Asri Petrochemical Tbk (TPIA), reported that the bond issuance phase V 2022 received an excess of Rp2.5 trillion (US$178 million) demand over the issued amount of Rp1.4 trillion (US$100 million).

"This is also listed as one of the longest tenors for private companies, with credit repayments of up to 10 years through competitive and attractive terms," ​​According to a press release issued by Chandra Asri President Director Erwin Ciputra, on Thursday (10/4),

Thus, Chandra Asri has completed a bond offering worth Rp5 trillion or the equivalent of US$ 350 million.

Phase I 2020 closed with a value of Rp1 trillion, followed by Phase II 2020 with Rp6 billion, Phase III 2021 at Rp1 trillion, Phase IV 2021 with Rp1 trillion, and Phase V at Rp1.4 trillion.

"We are pleased to be able to successfully complete the Rupiah bond program with the strong support of loyal investors and co-underwriters. This is strong evide