JAKARTA (Yosefardi) – Motorcycle financing firm PT Mandala Multifinance Tbk (MFIN) plans to issue bonds worth Rp500 billion in the second half of this year, part of its Rp1 trillion bonds issue program.
In May 2015, MFIN has issued bonds worth Rp500 billion. The company mulls to finance housing ownership (KPR) in the second half of this year.
MFIN booked financing of Rp1.15 trillion the first quarter of this year, grew by 6% from the same period of last year. It targets to book new financing of Rp6 trillion this year, a 18% increase compared to Rp5.05 trillion last year.
Meanwhile financing firm PT BFI Finance Indonesia Tbk (BFIN) plans to issue bonds worth Rp500 billion to Rp1 trillion in the second half of this year, part of its Rp2.5 trillion bond issue program. Earlier the company has twice issued bonds worth Rp1.5 trillion.