Indonesia's Astra to tap more funds in expansion


SINGAPORE, Sept 28 (Reuters) - Indonesia's biggest automotive firm, PT Astra International Tbk , said on Tuesday it will tap markets for more funds next year to help finance expansion in Indonesia's fast-growing car sector. PT Astra Sedaya Finance, one of the largest car financing groups in Indonesia and 53-percent owned by Astra, on Monday detailed a planned 1 trillion ($108 million) in rupiah bonds. "That is only a part of their total funding needs for this year. For next year, it will ...

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