Indonesia's Gajah Tunggal to issue $250 million five-year bonds

By Reshmi Basu

New York. June 30 - PT Gajah Tunggal Tbk plans to issue $250 million of five-year bonds (/B/), according to a market source.

A roadshow is slated to start on Tuesday in Hong Kong.

Credit Suisse First Boston and ING AG will run the proposed offering.

Gajah Tunggal, based in Tangerang, is a tire manufacturer.

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