Indomobil Finance Priced 3 New Bonds Series at 9.5%-11.25%

Indomobil Finance (idA/Stabil) or IMFI has started  a book building for its three new bonds series: 1y priced at a range of 9.5%-10.25%; 3y at 10.4%-11.15% and; 5y at 10.5%-11.25%. The company has 6 bonds series maturing this year worth a total of IDR1,285 bn and IMFI also has issued IDR1.09trn bonds last year to finance its working capital. In 9M15, IMFI has shown modest growth with its total assets growing 25.3% yoy to IDR9.42trn while its gross financing also rose 16.7% yoy to IDR8.51trn from IDR7.29trn last period.

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