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Indofood to raise Rp 2 trillion for refinancing, repaying

Bareksa16 Mei 2014
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Indofood to raise Rp 2  trillion for refinancing,  repaying
A customer looks at items displayed on shelves at a supermarket in Shenyang, Liaoning province April 11, 2014 - (Reuters/Stringer)

Indofood will use the funds obtained from the bond offering, after net of issuance cost,

The Jakarta Post - Publicly listed PT Indofood Sukses Makmur (INDF), one of the world’s biggest noodle makers, said on Wednesday that it was issuing Rp 2 trillion (US$174 million) in bonds to refinance its bonds and repay bank loans.

The indicative fixed interest rate of its planned five-year bond issue will be in the range of 9.5 percent to 10.13 percent

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