Friday, January 23, 2009

Astra Sedaya assigned 4 underwriter

PT Astra Sedaya Finance has appointed four underwriters to handle bonds sales, namely PT HSBC Securities, PT Indo Premier Securities, PT ING Securities Indonesia, and PT Mandiri Sekuritas.

The bonds issuance is scheduled on quarter II/2008. The number of bonds issuance has not been defined as the management still waits for the approval from boards of commissioners.

Last year, Astra Sedaya management released the bonds issuance scheme worth IDR700 billion to IDR1 trillion as expansion support. If it is not possible, the company will issue IDR500 billion bonds in 2009.

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