www.thejakartaglobe.com - Citra Marga Nusaphala Persada, an Indonesian toll road operator, plans to sell Rp 1.2 trillion ($130 million) in bonds in the second quarter this year to partly finance its expansion plans, a company executive said.
Indrawan Sumantri, finance director of the company, said in Jakarta on Thursday that the company’s bond sale would consist of Rp 700 billion in conventional debt sales and Rp 500 billion in Islamic debt, or sukuk.
“The bonds will mature in five years,” said Indrawan, declining to give other terms of the sale. (source)
Showing posts with label toll road. Show all posts
Showing posts with label toll road. Show all posts
Saturday, April 14, 2012
Thursday, April 12, 2012
INDONESIA - CAPITAL MARKETS - Indonesia's Citra Marga plans 1.2 tln rupiah Sukuk bond issue
www.reuters.com - (Reuters) - Indonesian toll-road operator PT Citra Marga Nusaphala Persada said on Thursday that it is planning a 1.2 trillion rupiah ($131.11 million) corporate bond issue to fund the acquisition of toll roads in Jakarta and its outskirts.
Finance director Indrawan Sumantri said the 700 billion rupiah conventional bond and 500 billion rupiah corporate sukuk would be issued in first half with a maturity of five years. (source)
Finance director Indrawan Sumantri said the 700 billion rupiah conventional bond and 500 billion rupiah corporate sukuk would be issued in first half with a maturity of five years. (source)
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