KONTAN.CO.ID - JAKARTA. Finance company PT Indomobil Finance Indonesia (IMFI) has announced its readiness to pay off bonds that will mature on July 1, 2025.

Based on the disclosure of information from the Indonesia Stock Exchange (IDX), Monday (30/6) IMFI President Director Edy Handojo Santoso explained that he has prepared funds to pay off the payment of Indomobil Finance Bond V Phase III Year 2024 Series A amounting to IDR 1.4 trillion.

"We hereby convey that the company has prepared funds to pay off the principal and the fourth interest payment for the bonds," he wrote in the disclosure of information, Monday (30/6).

For information, Indomobil Finance Bond V Phase III Year 2024 Series A is part of a public offering of sustainable bonds with a target fund raised of IDR 5 trillion.

The bonds consist of three series. Series A has a principal amount of IDR 1.40 trillion, with a fixed interest rate of 6.85%. Then Series B has a principal amount of Rp 611.16 billion with a fixed interest rate of 7.15%. The last series, namely series C, has a principal amount of Rp 814.86 billion, with a fixed interest rate of 7.40%.