Indonesian phone operator plans bond deal

Indonesia''s international call operator Indosat will use proceeds from a corporate bond deal to fund expansion plans.
February 13, 2001

PT Indosat, Indonesia's state-owned international call operator, has announced details of a planned bond issue. Andalan Artha Advisindo, Danareska Securities, Deutsche Securities and Trimegah Securities have been chosen to underwrite the Rp1.5 trillion ($159.7 million) deal.

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