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Indonesia's Excelcomindo to start roadshow Monday for dollar-denominated bond
By Paul A. Harris
St. Louis, Jan. 5 - Excelcomindo Finance Co. BV, a wholly owned subsidiary of Indonesian telecommunications company PT Excelcomindo Pratama Tbk, will start a roadshow on Monday for a dollar-denominated offering of global bonds, according to a syndicate source.
The size of the deal and the structure and tenor of the notes remain to be determined.
Roadshow stops will include Singapore, Hong Kong, London and New York.
CIMB, JP Morgan and UBS Investment Bank are joint bookrunners for the Rule 144A/Regulation S offering.
Proceeds will be used to fund capital expenditures, according to a market source.
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