Tuesday, March 3, 2009

Indofood Sell 1 Trillion Rupiah of Bonds

PT Indofood Sukses Makmur, thebiggest Indonesian maker of instant noodles, plans to raise at
least 1 trillion rupiah ($82 million) selling bonds to refinance debt.

Indofood has hired PT DBS Vickers Securities Indonesia and five other companies to help sell the bonds, the company said in a statement to the Indonesia Stock Exchange.

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