PT Indosat Tbk had the third suspension of the bond issuance scheme. The company offered a quicker payment of maturing bond by 2010 and 2012 for a new issuance extension.
Indosat through its subsidiary, Indosat Finance Company B.V. and Indosat International Finance Company B.V. , throughout public expose in Singapore announced the bond tender offer period was extended up to July 21 as from May 24.
Indosat through its subsidiary, Indosat Finance Company B.V. and Indosat International Finance Company B.V. , throughout public expose in Singapore announced the bond tender offer period was extended up to July 21 as from May 24.
Indosat has organized a roadshow to Singapore, US, and Europe from May 12 for the bond sales. In this issuance, the second largest telecommunication operator here involves Citigroup Global Markets Limited, DBS Bank Ltd, Deutsche Bank AG Singapore Branch, The Hongkong and Shanghai Banking Corporation Limited, and The Royal Bank of Scotland PLC as the joint dealer managers.
Indosat prepares option to seek loans in anticipation of the cancelation of US$500 million-US$750 million bond issuance.
However, the option here will only be enacted on August 2010 or after the company decided that the global finance market situation is still too fluctuating so it is not a right momentum to issue bonds.
However, the option here will only be enacted on August 2010 or after the company decided that the global finance market situation is still too fluctuating so it is not a right momentum to issue bonds.
1 comment:
how can a foreigner buy Indonesia domestic bonds ? Are coupons taxed 20% ?
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