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Jakarta Post
The Jakarta Post
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Mayora to issue Rp 750 billion bonds

  • Raras Cahyafitri

    The Jakarta Post

Jakarta | Tue, April 10 2012 | 09:55 am

PREMIUM Processed food producer PT Mayora Indah (MYOR) is set to launch Rp 750 billion (US$82 million) in debt paper to develop factories as it seeks to grow sales by 20 percent this year.

Rp 500 billion of the total planned issuances will be raised from conventional bonds, while the remaining Rp 250 billion would come from Islamic debt papers (sukuk), the company announced Monday.

Mayora of...