JAKARTA (Yosefardi) – Consumer financing firm PT Astra Sedaya Finance plans to issue bonds worth Rp1.9 trillion this month, part of Rp10 trillion bond program. The company had earlier issued bonds worth Rp2.5 trillion.
The third phase bonds will be issued in three series; series A amounting Rp1.135 trillion with tenor of 370 days and coupon of 9.6%.
Series B amounts Rp740 billion with tenor of 36 months and carries coupon of 10.5%, and series C amounts Rp75 billion with tenor of 48 months and coupon of 10.6%. The offering is scheduled for March 28, 2014 and April 1, 2014.
Acting as underwriters are PT BCA Sekuritas, PT CIMB Securities Indonesia, PT DBS Vickers Securities Indonesia, PT Indo Premier Securities, PT Standard Chartered Securities Indonesia.
In 2013, its liability amounted Rp26.49 trillion while assets totaled Rp31 trillion. It booked net profit of Rp1.01 trillion on revenue of Rp3.49 trillion.