KONTAN.CO.ID - JAKARTA. Finance company PT Indomobil Finance Indonesia (IMFI) has announced its readiness to pay off bonds that will mature on August 4, 2025.

Reporting from the disclosure of the Indonesia Stock Exchange (IDX) on Wednesday (23/4), President Director Edy Handojo Santoso explained that he has prepared funds to pay off the payment of Indomobil Finance Bond IV Phase I Year 2020 Series C amounting to IDR 90 billion.

"We convey that the company has prepared funds to pay off the principal and the 20th interest payment on the bonds," said Edy in his official statement, Wednesday (23/4).

For information, the Continuous Bond IV with a Fixed Interest Rate Phase I Year 2020 has a principal amount of IDR 336 billion. This bond consists of three series. Series A was issued with a principal value of IDR 229 billion, has a fixed interest rate of 8.45% per year, and a term of 370 calendar days.

Next, Series B has a principal value of IDR 17 billion, with a fixed interest rate of 9.55% per year and a tenor of 36 months. Finally, Series C has a principal value of IDR 90 billion, with a fixed interest rate of 9.90% per year and a term of 60 months.