JAKARTA (Yosefardi) – PT Adira Dinamika Multi Finance Tbk (ADMF) plans to issue bonds worth Rp1.5 trillion next month, part of its Rp8 trillion bond program.
The bonds will be issued in 3 series with tenor of 370 days, 36 months and 60 months at coupon of 9.6%, 10.5%, and 10.75% respectively.
Acting as underwriters are Danareksa Sekuritas, DBS Vickers Securities Indonesia, Indo Premier Securities, and Standard Chartered Securities Indonesia.
The bond offering is scheduled for May 9, 2014.
ADMF will also get sydicated loan of US$300 million, compared to initial plan of US$200 million.
The loan will have tenor of 3 years and the syndication consists of 11 banks. The company targets to book financing of Rp38 trillion during this year.