Serba Dinamik Holdings Berhad
No. | Borrower | Bank | Facility | Credit Limit |
1 | Serba Dinamik Holdings Berhad | HSBC Amanah
Malaysia Berhad |
Syndicated Term Financing | MYR 1.2 billion |
2 | Serba Dinamik Holdings Berhad | HSBC Amanah
Malaysia Berhad |
Revolving Financing-i (USD) | $25 million (MYR 106.9 million) |
Total Serba Dinamik Holdings Berhad | MYR 1.31 billion | |||
1 | Serba Dinamik Group Berhad | HSBC Amanah
Malaysia Berhad |
Commodity
Murabahah Financing-i |
MYR 30.7 million |
2 | Serba Dinamik Group Berhad | Affin Islamic Bank Berhad | Tawarruq TF-i | MYR 33.4 million |
3 | Serba Dinamik Group Berhad | MBSB / Bank Rakyat | Islamic Club Term Financing | MYR 224 million |
4 | Serba Dinamik Group Berhad | Hong Leong Islamic Bank | Flexi Term Financing-i (USD) | $47 million (MYR 196.6 million) |
Total Serba Dinamik Group Berhad | MYR 484.6 million | |||
1 | Serba Dinamik International Ltd | Standard Chartered
Saadiq |
Syndicated Murabaha
Term Financing |
$50 million |
2 | Serba Dinamik International Ltd | Standard Chartered Saadiq | Trade Finance Facilities, LCs, Guarantees | $43 million |
3 | Serba Dinamik International Ltd | RHB Islamic Bank Berhad | Trade Finance Facilities, LCs, Guarantees | $25 million |
4 | Serba Dinamik International Ltd | Bank of China
(Malaysia) Berhad |
RCF, LCs, FX Loan, Trust Receipt | $30 million |
5 | Serba Dinamik International Ltd | HSBC Amanah
Malaysia Berhad |
Trade Financing Facilities, LCs | $47 million |
6 | Serba Dinamik International Ltd | Mizuho Bank
(Malaysia) Berhad |
Commodity
Murabaha Financing-i Revolving Credit |
$20 million |
Total Serba Dinamik International Ltd | $215 million | |||
1 | Serba Dinamik Sdn Berhad | Ambank Islamic Bank
Berhad |
Syndicated term
Financing-i Facility |
MYR 100 million |
2 | Serba Dinamik Sdn Berhad | Standard Chartered Saadiq | Syndicated term
Financing-i Facility |
MYR 100 million |
3 | Serba Dinamik Sdn Berhad | CIMB Bank Berhad | Overdraft, LC, Guarantee | MYR 4 million |
4 | Serba Dinamik Sdn Berhad | Standard Chartered
Saadiq |
Trade Finance Facilities, LCs, Guarantees | MYR 85 million |
5 | Serba Dinamik Sdn Berhad | Standard Chartered
Saadiq |
Receivable Financing | MYR 130 million |
6 | Serba Dinamik Sdn Berhad | SME Bank | Bai' Inah (BIN) Term Financing | MYR 8 million |
7 | Serba Dinamik Sdn Berhad | HSBC Bank | Receivables Financing | MYR 200 million |
8 | Serba Dinamik Sdn Berhad | HSBC Bank | Trade Finance Facilities, LCs, Guarantees | MYR 40 million |
9 | Serba Dinamik Sdn Berhad | Affin Islamic Bank Berhad | Cash Line, Guarantee | MYR 15 million |
10 | Serba Dinamik Sdn Berhad | Hong Leong Islamic Bank | Commodity Murabaha Revolving Credit-i, Islamic Trade Financing-i | MYR 100 million |
11 | Serba Dinamik Sdn Berhad | RHB Islamic Bank
Berhad |
Trade Finance Facilities, FX Line | MYR 50 million |
12 | Serba Dinamik Sdn Berhad | Ambank Islamic Bank
Berhad |
Trade Finance Facilities | MYR 45 million |
13 | Serba Dinamik Sdn Berhad | Al-Rajhi Bank | Trade Finance Facilities, LCs, Guarantees | MYR 17.9 million |
14 | Serba Dinamik Sdn Berhad | Malayan Banking
Berhad |
Term Loans, Overdraft, Commodity Murabahah Term Financing-i | MYR 10 million |
15 | Serba Dinamik Sdn Berhad | Public Islamic Bank | Term Equity Financing, Cash Line, Overdraft | MYR 18.8 million |
Total Serba Dinamik Sdn Berhad | MYR 923.7 million | |||
1 | SD Advance Engineering Sdn Bhd | Alliance Bank Malaysia
Berhad |
Overdraft, Trade Facilities | MYR 9.5 million |
06/30/2021 |
EBITDA Multiple |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
(MYR in Millions) |
Amount |
Price |
Mkt. Val. |
US$ Amt. |
US$ Mkt. Val. |
Maturity |
Rate |
Yield |
Book |
Market |
|
||||||||||
Secured Debt |
697.5 |
|
697.5 |
168.1 |
168.1 |
|
|
|
||
Total Secured Debt |
697.5 |
697.5 |
168.1 |
168.1 |
0.7x |
0.7x |
||||
6.3% Sukuk due 2022 |
922.2 |
|
922.2 |
222.2 |
222.2 |
May-2022 |
6.300% |
|
||
6.997% Sukuk due 2025 |
747.5 |
|
747.5 |
180.1 |
180.1 |
Mar-2025 |
6.997% |
|
||
Other Unsecured Debt |
1,572.8 |
|
1,572.8 |
379.0 |
379.0 |
|
|
|
||
Total Unsecured Debt |
3,242.5 |
3,242.5 |
781.3 |
781.3 |
4.0x |
4.0x |
||||
Total Debt |
3,940.0 |
3,940.0 |
949.4 |
949.4 |
4.0x |
4.0x |
||||
Less: Cash and Equivalents |
(435.0) |
(435.0) |
(104.8) |
(104.8) |
||||||
Net Debt |
3,505.0 |
3,505.0 |
844.6 |
844.6 |
3.5x |
3.5x |
||||
Plus: Market Capitalization |
1,243.0 |
1,243.0 |
299.5 |
299.5 |
||||||
Enterprise Value |
4,748.0 |
4,748.0 |
1,144.1 |
1,144.1 |
4.8x |
4.8x |
||||
Operating Metrics |
US$ Amt. |
|||||||||
LTM Reorg EBITDA |
994.4 |
239.6 |
||||||||
|
||||||||||
Liquidity |
||||||||||
RCF Commitments |
700.0 |
168.7 |
||||||||
Other Liquidity |
54.7 |
13.2 |
||||||||
Plus: Cash and Equivalents |
435.0 |
104.8 |
||||||||
Total Liquidity |
1,189.7 |
286.7 |
||||||||
Credit Metrics |
||||||||||
Gross Leverage |
4.0x |
|||||||||
Net Leverage |
3.5x |
|||||||||
Notes:
RCF commitments based on facilities available as of Dec'20 US$ Translation: MYR/USD rate used for USD conversion is 4.15. |
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