Indofood to raise Rp 2 trillion for refinancing, repaying
Bareksa • 16 May 2014
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