PT Indosat plans to issue bonds worth IDR1.5 trillion with a variety of tenures, namely 7 and 5 years.
My source confided the bond would be issued in the fourth quarter this year. There are three securities firms appointed by Indosat to underwrite the bond issuance, namely Mandiri Sekuritas, Danareksa Sekuritas, and DBS Vickers Securities Indonesia," he informed yesterday.
He explained Indosat went into the financial market since the current global economic recovery would not require the company to give high yield.
Tuesday, August 11, 2009
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