Pulp and paper producer Indah Kiat Pulp & Paper (INKP) will issue medium-term notes (MTN) worth Rp2.17 trillion. Sinarmas Group, including Bank Sinarmas (BSIM), PT Sinarmas Asset Management, and PT Asuransi Simas Jiwa, will buy almost said MTN. Asuransi Simas Jiwa will buy Rp1.877 trillion, Sinarmas Asset Management Rp1 billion, and Bank Sinarmas Rp7 billion. The three parties purchased a total of Rp1.88 trillion.

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