SIF Raises Funding Interest by 4 percent
Bisnis Indonesia, page B1, 2005-09-15
PT Swadharma Indotama Finance has raised its automobile financing interest rate to 3 percent - 4 percent to accommodate it the bank’s interest rates. At the present, the development in the multi-finance interest rates for automobiles has risen from 16 percent - 17 percent to 19 percent - 20 percent. Meanwhile, the interest rate for motorcycles has risen 29 percent - 30 percent. Despite that, the expansion of the finance target will still change this year to Rp.1.5 trillion. In this case, the ones who are most likely to be affected are motorcyclists who happen to be from the middle to lower economy level.

Swadharma Buys Back Bond I and III
Bisnis Indonesia, page B1, 2005-09-01
PT Swadharma Indotama Finance bought back bonds I/2000 worth Rp.5 billion and bonds III/2003 worth Rp.17 billion. The bonds that have been bought back will be kept as treasury post. Swadharma issued bonds I/2000 worth Rp.150 billion with BBB rating. The bonds were due to be settled on 17 July 2005. Meanwhile, the company issued bonds III/2003 worth Rp 300 billion and would be due in 2008.