Indonesia Infrastructure Finance seeks maiden bond

Government and multilateral-owned infrastructure financing arm hopes to boost its asset base by raising funds from the international bond market.

PT Indonesia Infrastructure Finance IIF is hoping to launch its maiden international bond offering as it seeks to build up its asset base to $1 billion over the next couple of years. 

The partially state-owned group was established in 2010 as a catalyst and conduit to boost infrastructure development in the country.

Progress since it finally became operational in 2012 has not been as fast as expected but the group believes this will now speed up as it increases its leverage to expand its asset base and increase disbursements.

In an interview with FinanceAsia, President Director Sukatmo Padmosukarso and Chief Financial...

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