From Reuters: Indonesian property firm PT Bakrieland Development Tbk said on Tuesday it wants to raise up to 300 billion rupiah ($29 million) from an Islamic bond issue, or twice the amount previously indicated.
Bakrieland, part of the corporate empire controlled by the family of Indonesian cabinet minister Aburizal Bakrie, said it has appointed PT Bahana Securities and PT Madani Securities as underwriters for the sukuk, due to be issued in July…….Full Article: Source