Adding Financing, Indomobil Finance Offer Rp 750 Billion Bonds?

Happy Easter 2012
Jakarta - Indonesia PT Indomobil Finance intends to issue bondssustainable. The first phase, issued debt securities amounting to Rp 750 billion.

Bonds will be issued in three series, with maturities and interest rates are different. A first series or a series of one-year term withinterest rates in the range of 6.7 to 7.15%.

While the series of 36-month term of three years with the alias of interest range from 7.5 to 8.4%, and the last series, namely C from 7.75 to 8.65% interest with maturities of 4 years.

"These bond proceeds will be used for working capital of the company, the financing of motor vehicles," said President Director of Finance Jusak Indomobil Kertowidjojo in public exposure inJakarta, Thursday (05/05/2012).

In this celebration, the company has appointed underwriterunderwriter alias that is, Danareksa Sekuiritas, NISP Securities,CIMB Securities, Indopremier Securites, and Krishna Securities.

This year, the company is aiming for financing the growth of motor vehicles by 28% to Rp 4 trillion from a year ago.

The largest contribution was from car financing. While themotorcycle financing is predicted to be flat, only 120,000 units of thetotal predicted new bike this year about 8.5 million units.
source: detik.com
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