Thursday, 14 June 2007

Indonesia's Listrik Raises 3 Trillion Rupiah in Nation's Biggest Bond Sale

(Bloomberg) -- PT Perusahaan Listrik Negara,
Indonesia's state-owned power utility, sold 3 trillion rupiah
($332 million) of bonds and Islamic debt in the Southeast Asian
nation's biggest corporate debt sale.

The company sold 1.5 trillion rupiah of 10-year bonds
yielding 10.4 percent, and 1.2 trillion rupiah of 15-year bonds
yielding 10.9 percent, Orias Petrus Moedak, managing director of
PT Danareksa Sekuritas, which helped organize the sale, said in
a mobile-phone text message. The Jakarta-based utility company
also sold 300 billion rupiah of 10-year Islamic bonds.


Read more at Bloomberg Bonds News

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