Financing firm PT Federal International Finance, a
unit of PT Astra International, plans to issue bonds
worth 1.55 trillion Indonesian rupiah ($133.08 million) in March
or April this year, with a three-year tenure, according to a
report by Fitch Ratings, Investor Daily reports.
The company's Corporate Secretary Arif Reza Fahlevi said the
firm also plans to issue a new bond in the second half of the
year. Revenue rose marginally to 5.5 trillion Indonesian rupiah
in 2013, while net profit rose 9 percent to 1.2 trillion
Indonesian rupiah. (Investor Daily)
Note: Reuters has not verified this story and does not vouch
for its accuracy.
($1 = 11647.5000 Indonesian rupiahs)
(Compiled by Jakarta Newsroom; Editing by Supriya Kurane)