INDOSAT ISSUES BONDS VALUED AT RP 1.5 TRILLION TO FINANCE BUSINESS EXPANSION.(Statistical Data Included) From: Indonesian Commercial Newsletter | Date: April 24, 2001 | COPYRIGHT 2001 P.T. Data Consult, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

State-owned telecommunication company PT Indonesian Satellite Corp. (Indosat) issued bonds early this months valued at Rp 1.5 trillion. The first bonds in 2001 are for 5 years with a fixed and floating interest rates. The bonds were divided into series A with a fixed interest rate of 17.5% to 18.5% a year for 5 years, series B carrying a fixed interest rate of 17.5% to 18.5% in the first year and a flaoting interest in the following years with a maximum limit of 2.5 percentage points above the fixed rate and a minimum limit of 2.5 percentage point below the fixed rate based on the ...

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