Indonesia Adira sets coupon rates for 750 bln rupiah bonds

Newswire

JAKARTA, May 30 (Reuters) - Indonesia's PT Adira Dimanika Multi Finance Tbk set the coupon range for its 750 billion rupiah ($81.4 million) bonds, aimed at increasing its lending this year, the company said on Tuesday. The bonds will be divided into three tranches and will have maturities of 3-5 years, the company, controlled by Indonesia's fifth-largest bank PT Bank Danamon Tbk , said in a statement. The first tranche will have a three year maturity with a coupon rate of 14.40 percent. ...

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