JAKARTA (Yosefardi) – Multifinance company PT Adira Dinamika Multi Finance Tbk (ADMF), subsidiary of PT Bank Danamon Tbk (BDMN), mulls to issue bond worth Rp3-4 trillion this year, Bisnis Indonesia reported this morning.
The bond proceeds will used to fund its financing for next 2 years.
As of September 2014, ADMF’s liability totaled Rp29 trillion. Bond debt accounted for Rp11.2 trillion. While assets reached Rp32.9 trillion of which cash amounting Rp2.2 trillion.
ADMF booked revenue of Rp6.15 trillion and net profit of Rp688 billion in first nine months of 2014.