Surya Artha Nusantara Finance Bond Issuance (2013)

PT Surya Artha Nusantara Finance (the Company) was established with the name of PT Sangga Loka Subur on August 25, 1983. The Company obtained a license to operate as a financing company from the Minister of Finance of Republic of Indonesia based on its Decision Letter No.1660/KMK.013/1990 dated December 31, 1990, with license in leasing and consumer financing. The Company commenced its commercial operations since 1985.

The Company’s head office is located at Jalan T.B Simatupang Kav.88, Perkantoran Hijau Arkadia Tower B 11th Floor, Jakarta 12520. The Company’s has 11 marketing networks located in Medan, Pekanbaru, Palembang, Jambi, Jakarta, Surabaya, Makasar, Banjarmasin, Balikpapan, Samarinda and Pontianak.

The structure of shareholders of Surya Artha Nusantara Finance is owned by PT Sedaya Multi Investama of 344.931.040 (three hundred and forty four million nine hundred and thirty one thousand forty) shares or 60% (sixty percent), Marubeni Corporation (Japan) of 201.209.774 (two hundred and one million two hundred and nine thousand seven hundred and seventy four) shares or 35% (thirty five percent), and PT Marubeni Indonesia of 28.744.253 (twenty eight million seven hundred and forty four thousand two hundred and fifty three) shares or 5% (five percent).

These bond issuance plan are the continues bond I SAN Finance phase I year 2013 with fixed rate, with principal amount worth IDR 500.000.000.000 (five hundred billion rupiah). PT Fitch Ratings Indonesia (Fitch) released SAN Finance rating at level AA(idn) (double A) with stable outlook.

Previously, SAN Finance issued bonds in year 2012 and 2011. The II SAN Finance bond year 2012 in the amount IDR 1.500.000.000.000 (one trillion five hundred billion rupiah), offered as much as 3 series: the A 370-days bond series with coupon rate 7,2% (seven point two percent) amount IDR 553.000.000.000 (five hundred and fifty three billion rupiah), the B 24-months bond series with coupon rate 7,7% (seven point seven percent) amount IDR 140.000.000.000 (one hundred and forty billion rupiah), and the C 36-months bond series with coupon rate 8.4% (eight point four percent) amount IDR 807.000.000.000 (eight hundred and seven billion rupiah).

On the other hand, the I SAN Finance year 2011 with total value IDR 600.000.000.000 (six hundred billion rupiah), offered in 3 series: the A 370-days bond series with coupon rate 7,7% (seven point seven percent) amount IDR 105.000.000.000 (one hundred and five billion rupiah), the B 24-months bond series with coupon rate 8,9% (eight point nine percent) amount IDR 101.000.000.000 (one hundred and one billion rupiah), and the C 36-months bond series with coupon rate 9,3% (nine point three percent) amount IDR 394.000.000.000 (three hundred and ninety four billion rupiah).