Selasa, 17 April 2012

INDONESIA - CAPITAL MARKETS - Indosat to Fund Expansion With Rp 2.5t Bond Sale

www.jakartaglobe.com - Indosat, the country’s second-largest mobile phone operator, plans to sell Rp 2.5 trillion ($272 million) in bonds this year to help fund its business expansion plans and refinance debt.

Indosat, which has about 60 million subscribers, plans to sell fixed-rate conventional bonds and Islamic bonds, the company said in a statement on Tuesday.

Specifically, the

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