JAKARTA (Yosefardi) – PT Adira Dinamika Multi Finance Tbk (ADMF) plans to issue bond worth Rp2.09 this month for supporting its motorcycle financing.
The bond will be issued in three series; series A amounting Rp722 billion, series B Rp880 billion and series C amounting Rp490 billion.
Series A with tenor of 370 days offers coupon of 9.15%, series B 36 months and 10.5% coupon, and series C 60 months with coupon of 11%.
The bond offering is scheduled for October 18 and 21, 2013. Acting as underwriters are PT Danareksa Sekuritas, PT DBS Vickers Securities Indonesia (affiliated), PT HSBC Securities Indonesia, PT Indo Premier Securities, PT Mandiri Sekuritas, and PT Standard Chartered Securities Indonesia.
Adira is also now seeking loan of US$100 million, equivalent Rp1.15 trillion. It targets to disburse financing of Rp33 trillion this year.