Tuesday, November 10, 2009

Indosat offer coupon bond 10,2%-11,2%

PT Indosat Tbk may price its five-yearbonds to carry a coupon rate of 10.2 percent to 11.2 percent, and seven-year bonds to carry a coupon rate of between 10.58 percent and 11.68 percent.
Indosat plans to sell 1.5 trillion rupiah in five-year and seven-year bonds, which will include debts that follow Islamic principles. Mandiri Sekuritas, DBS Vickers Securities Indonesia and Danareksa Sekuritas handle this transaction as a underwriters.

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