Auto financing company PT Adira Dinamika Multi Finance plans to issue bonds worth up to 2 trillion rupiah ($174.91 million) by end of April or early May, to disburse more financing, said CEO Willy Suwandi Dharma.
Adira recorded new financing of around 8 trillion rupiah in the first quarter of this year, representing 22-23 percent of its 2014 full-year target of 38 trillion rupiah. (Investor Daily)
Note: Reuters has not verified this story and does not vouch for its accuracy. ($1 = 11434.5 rupiah) (Compiled by Jakarta Newsroom; Editing by Sunil Nair)