Indonesia Astra Sedaya sets coupon for 1 trln rph bonds

Newswire

JAKARTA, Jan 23 (Reuters) - Indonesian automotive financing firm PT Astra Sedaya Finance will offer an up to 10.3 percent coupon rate for its 1 trillion rupiah ($105.8 million) bonds, which will be offered next month, its chief said on Wednesday. Astra Sedaya, a financing arm of Indonesia's largest automotive distributor, PT Astra International Tbk , will offer the bond between Feb. 27 and Feb. 29, which it hopes will help boost its lending by 30 percent this year. Indopremier securties, ...

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