Financing firm PT Mandiri Tunas Finance (MTF), subsidiary of Bank Mandiri (BMRI), upsizes its bond issue to Rp850 billion from initial Rp500 billion. The bonds are issued in two series with tenor of 3 and 5 years, carrying annual coupon rates of 8.5% and 8.85% respectively. PT Mandiri Sekuritas acts as underwriter for this bond issue. MTF will use bond proceeds for refinancing the existing bonds which will mature in near future.