PT Bank KEB Hana Indonesia plans to raise up to 773 billion rupiah via an issuance of senior unsecured medium-term notes, Fitch Ratings said May 24.
The notes will have a maturity of up to three years.
The proceeds from the issuance will be used to support the bank's business growth.
Bank KEB Hana Indonesia is a unit of South Korea's Hana Financial Group Inc.
As of May 24, US$1 was equivalent to 14,150.00 Indonesian rupiah.
