Indo consumer finance firms hit market for joint $75m loan

Indonesia motorcyle
By Rashmi Kumar
23 Nov 2016

Indonesia’s Mega Central Finance and Mega Auto Finance are jointly seeking a $75m fundraising, which opened into general syndication on Tuesday.

The borrowers provide consumer financing for leading Japanese brands including Honda, Kawasaki, Suzuki, Yamaha and Toyota, among others. They finance both new and used vehicles.

MCF and MAF have tapped Standard Chartered as the sole lead on the debut fundraising, with the bank taking a two-pronged approach ...

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