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Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Indonesia’s Indosat to boost bond sale to Rp 3trillion, citing high demand

Posted on 18 May 2012

Indosat, the country’s second-largest mobile-phone operator, is considering increasing the size of its planned bond sale by 20 percent next month to cater to growing demand by investors, an executive said.
In the original plan, Indosat proposed selling Rp 2 trillion in conventional bonds and Rp 500 billion in Islamic debt, called sukuk. Both notes would mature in 10 years. It didn’t provide the composition for the Rp 3 trillion bond proposal………………………………………..Full Article: Source

 
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