Indofood plans to issue bonds worth Rp 2 trillion

Tue, 01/24/2012 - 08:01

Jakarta-listed instant noodle giant PT Indofood Sukses Makmur plans to issue bonds worth Rp 2 trillion this year, Investor Daily reported on Tuesday.

The company will use the proceeds to refinance maturing bonds issued in 2007 and other short-term debts.

Corporate Secretary Werianty Setiawan, however, said that the bond issuance plan would depend on capital market condition, which has been quite unstable in the wake of the financial crisis in Europe and economic slowdown in the US. (rei)

 

 

Agro Asia News
© 2011 Agro Asia News. All Rights Reserved.