Astra Sedaya Offers Coupon up to 7.65%

Astra Sedaya Finance, one of subsidiary Astra International, Tbk (ASII:IJ) is offering its Shelf Registered Bond III Tranche IV Year 2017 coupon bonds up to 7.65% per annum. While the bond value totaling IDR1.8trn, and consist of three series: series A tenor 370-days worth IDR975bn with coupon rate at 6.25%, series B tenor 3-years worth IDR625bn coupon rate7.5%, and series C tenor 5-years worth IDR200bn with coupon rate at level 7.65% per year.

While the offering period between 26 – 27 October, 2017 and fixed allotment on October 31, 2017. Previously, Astra Sedaya is already issued Shelf Registered III Tranche I worth IDR2trn, Tranche II IDR1.7trn, and Tranche III worth IDR2.5trn respectively.

As for the underwriter of Astra Sedaya’s bond issuance are: BCA Sekuritas, CIMB Sekuritas Indonesia, DBS Vickers Sekuritas Indonesia, Indo Premier Sekuritas, Mandiri Sekuritas, and Standard Chartered Sekuritas Indonesia.