JAKARTA (Yosefardi) – PT Adira Dinamika Multi Finance Tbk (ADMF), unit of PT Bank Danamon Tbk (BDMN), plans to issue bonds worth Rp4 trillion this year.

The company targets its financing to grow by 8-10% to Rp36-37 trillion this year, compared to Rp33.8 trillion in 2013 which only grew by 4% from Rp32.4 trillion in 2012.

ADMF now has assets of Rp45.7 trillion. It had in November 2013 obtained syndicated loan of US$200 million from 11 banks based in Singapore, South Korea, Philippines, Middle East, Taiwan, and Japan. The loan has tenor of 3 years.

ADMF booked net profit of Rp1.24 trillion in first nine months of 2013, higher than Rp1.11 trillion in the same period of 2012. Income rose 21% to Rp5.93 trillion from previous Rp4.89 trillion.