INDONESIA PRESS-Adira mulls issuing bonds worth $130 million in Oct-Investor Daily
Auto financing company PT Adira Dinamika Multi Finance is considering issuing bonds worth between 1 trillion rupiah ($86.8 million) and 1.5 trillion rupiah ($130.2 million) in October, director I Dewa Made Susila told Investor Daily.
The company aims to get a $100 million loan, according to a report by IFR Asia. Susila said new financing reached 21.8 trillion rupiah in the first eight months of 2013, or 66-68 percent of its full-year target.(Investor Daily)
($1 = 11,515 rupiah)
Note: Reuters has not verified these stories and does not vouch for their accuracy. (Compiled by Jakarta Newsroom; Editing by Subhranshu Sahu)