JAKARTA. PT Adira Dinamika Multi Finance Tbk (ADMF) or Adira Finance has budgeted Rp 1.31 trillion to repay three bonds that will mature in March 2021.
According to Adira Finance CFO I Dewa Made Susila, the budget is sourced from the company's internal cash and as such it has no plan to issue new bonds for refinancing purposes in the near future.
"Regarding a plan to issue bonds in 2021, we are still considering our financing needs and the condition of the stock market," he said as quoted from Bisnis Indonesia, Wednesday (6/1).
The three maturing bonds are Shelf-Registered Bond III Phase III/2016 Series C worth Rp 697.5 billion (2 March), Shelf-Registered Bond IV Phase II/2018 Series C worth Rp 552 billion (21 March), and Shelf-Registered Sukuk III Phase III/2018 Series B worth Rp 62.0 billion (21 March). (AM/MS)