| 08.06.2009 - Indonesia's Apexindo cancels sukuk bond issue |
| From Reuters: Indonesian drilling firm PT Apexindo Pratama Duta Tbk APEX.JK cancelled plans to raise 250 billion rupiah ($25 million) from an Islamic-compliant bond issue, an official at the firm said on Friday. The firm had planned to raise 500 billion rupiah from the sale of conventional bonds and a further 250 billion rupiah from an ijarah sale-and-leaseback sukuk, with the proceeds intended for working capital.......Full Article: Source |