Wednesday, 13 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 nation's biggest
corporate debt sale.

The company sold 10-year, 1.5 trillion rupiah bonds to
yield 10.4 percent, and 15-year, 1.2 trillion rupiah bonds to
yield 10.9 percent, Orias Petrus Moedak, managing director of PT
Danareksa Sekuritas, which is helping sell the bonds, 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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