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Prospect News home > News index > List of issuers B > Headlines for Bank Niaga Tbk > News item
Published on 12/10/2004 in the Prospect News Emerging Markets Daily.

Indonesia's Bank Niaga to sell $100 million 10-year subordinated notes in Q1 2005

By Paul A. Harris

St. Louis, Dec. 10 - Indonesia's Bank Niaga plans to sell 10-year lower tier 2 subordinated notes during the first quarter of 2005, according to a market source.

Citigroup and CIMB Bhd. have the bookrunning mandate.

The notes are expected to come with five years of call protection.


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