Excelcomindo

We talk to CFO Navin Sonthalia about the company''s recent bond issues, ongoing acquisition rumours and its IPO plans.

At $350 million your inaugural bond issue sold in January is the largest corporate bond from Indonesia in nearly seven years. You must be very pleased with the recent deal

Yes, we're very pleased with the result. This clearly reflects the confidence that the international investors have in Indonesia, the telecommunications sector in the country and Excelcom in particular. Our issue is being considered as a benchmark for other forthcoming bond issuances out of Indonesia.

The pricing of the bond was quite wide relative to your peers at Telkomsel and Indosat. Why did you offer such generous terms

As regards Telkomsel, the bond will be called soon and thus...

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