Mandiri's international roadshow kicks off in Singapore

The eagerly anticipated IPO gets closer to completion as management embarks on a two week roadshow.

Bank Mandiri embarks on its global roadshow today as it seeks to raise up to $162 million from its IPO. The sale is the most keenly awaited equity transaction out of Indonesia and the first such government linked IPO for three years.

The company and its global co-ordinators, ABN Amro Rothschild, CSFB and Danareksa - will be spending three days in Singapore before heading off to Europe for four days. The team will then move to the US before returning to Asia for pricing on June 23rd.

Last week the management met domestic investors in Jakarta on Wednesday and Surabaya on Thursday. At the Jakarta presentation there were...

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