Indosat Tbk PT (ISAT.JK)
22 Dec 2014
Rp. 75.00 (+1.86%)
|Market Cap (Mil.):||Rp. 21,871,580.00|
|Shares Outstanding (Mil.):||5,433.93|
JAKARTA, Dec 8 - Indonesian telecommunication operator PT Indosat Tbk said on Monday it plans to issue debt worth a total of 9 trillion rupiah ($729 million) mainly to refinance existing borrowings and to pay network licensing fees.
PT Indosat, Indonesia's third largest telecommunications operator by subscribers, reported a third- quarter net loss of 1.32 trillion rupiah ($108.58 million), 25 percent narrower than the net loss of 1.76 trillion rupiah posted a year earlier, the company said in a statement.
(The following statement was released by the rating agency) JAKARTA/SYDNEY, November 05 (Fitch) Fitch Ratings Indonesia has published PT Indosat Tbk's (Indosat) National senior unsecured class rating, and the National Long-Term Ratings on its IDR9trn bond programme and IDR1trn sukuk ijarah programme at 'AAA(idn)'. The agency has also published the National Long-Term Ratings of 'AAA(idn)' on the up to IDR2.2trn senior unsecured bonds and the up to IDR300bn sukuk ijarah issued from these prog
PT Indosat Tbk plans to issue bonds totalling 10 trillion rupiah ($830.6 million), with the first issuance of 2.5 trillion rupiah consisting of 2.2 trillion rupiah of conventional bonds and 300 billion rupiah of sukuk, by early December, said Investor Relations Officer Andromeda Tirstanto.
PT Indosat Tbk, Indonesia's third largest telecommunications operator by subscribers, will secure $450 million revolving credit facility with a tenure of less than five years from several banks, said Investor Relation Officer Andromeda Tristanto.
Indonesian cellular network operator PT Indosat has submitted proposals to several lenders seeking loans totalling $850 million, said Investor Relations Officer Andromeda Tristanto.
Indonesian cellular network operator PT Indosat expects to secure loans totalling around 1 trillion rupiah ($84.82 million) from two foreign banks in the third quarter of this year, said Investor Relations Officer Andromeda Tristanto.