Tuesday, December 29, 2009

SMS Finance pricing bonds 11.35%-13.35%

PT Sinar Mitra Sepadan pricing coupon bonds at level 11.35%-13.35%. SMS Finance is multifinance company serving credit for four and two wheeled vehicles. SMS Finance aims to disburse financing credit for vehicle worth IDR3.5 trillion for 70,000 units.
SMS Finance fixes yield for 370-day series A bond at 11.5%, for 24 month series B bond at 13.15%, and for 24-month series C bond at 13.35%. The amount series A bonds IDR85 billion, series B IDR5 billion, and series C IDR10 billion.

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