Indosat prepares to launch US500M bond - Mobile World Live

Indosat prepares to launch US500M bond

10 MAY 2010

Indonesian telecoms operator Indosat is close to launching a US$500 million bond, in an offering that would test global investor appetite for the country’s corporate debt. A Financial Times report notes that people familiar with the matter said the country’s second-largest provider of fixed line and mobile telephony had hired Citigroup to lead the bond offering, which could be launched this week.

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