26.02.2009 - Indonesia's Matahari plans sukuk, conventional bonds

From Reuters: Indonesian retailer PT Matahari Putra Prima Tbk said on Wednesday it plans to raise a total of 500 billion rupiah ($42 million) from the sale of Islamic and conventional bonds in April. The world's most populous Muslim nation is trying to tap its huge market for Islamic-compliant products. The government recently raised 5.55 trillion rupiah from its first retail sukuk issue, well above the 1.7 trillion rupiah targetted..... Full Article: Source

Print