Tuesday, Apr 17, 2012
DOW JONES NEWSWIRES
DUBAI (Zawya Dow Jones)--Qatar Telecom said late Tuesday that its Indonesian telecommunications subsidiary, Indosat, plans to issue a conventional bond and Sukuk with a total of $271 million.
The bond will be at a fixed rate, with a maximum term of 10 years. Net proceeds from the issuance of the Indosat bond will be used mainly for investment and refinancing of Indosat debt, the company said in a statement posted on its website.
-By Shereen El Gazzar, Dow Jones Newswires; 971-444-61684; Shereen.elgazzar@dowjones.com
(END) Dow Jones Newswires
17-04-12 1721GMT
