PONSEL - Ready to Publish Indosat Bond IV Quarter 2009

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PONSEL - Ready to Publish Indosat Bond IV Quarter 2009

PT Indosat Tbk akan publish a letter of debt (bonds) in the denomination rupiah scheduled realized in IV quarter 2009. Publication is tailored to the bond refinancing needs (funding) company.

Director Harry Sasongko Indosat in Jakarta on Thursday, said his side are currently evaluating all options fundraising adjusted with time, interest rate, the determination of value as a basis for bonds.

Therefore, Harry does not itemize how the value of bonds will be issued, as must first know the market or the interests of investors against the debt that will be the company that dominated the majority sahamnya Qatar Telecom that.

He just explained, for the years 2009 to allocate corporate capital expenditure (capex) Indosat of 600 million U.S. dollars.

Capex in 2009 is used to build the fixed assets to support the three business lines namely cellular, fixed data and fixed phone.

Harry does not break down further funds are budgeted capex in 2010, with the reasons for the new few days in Indosat.

According to him, Indosat capex spend in the future will implement a strategy and a strong balance between financial management carefully plans and investment to develop the business responsible.

He menuturkan three principles which the vision to lead in Indosat, the first focus to the customer, form a team together with the internal company.

While the third is the importance to harmonization with stakeholders (stakeholders) from the shareholders (Qatar Telecom) and investors in capital markets, and the government as a regulator.


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