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The Jakarta Post
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DKI Jakarta, Indonesia
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Indosat seeks more rupiah-denominated debts

  • Anton Hermansyah

    The Jakarta Post

Jakarta | Tue, March 21 2017 | 12:24 am

Telecommunications firm PT Indosat, known as Indosat Ooredoo, expects to refinance some of its foreign-currency denominated debts with rupiah-denominated bonds in the hope of maintaining its cash flow at a healthy level. Indosat Ooredoo president director Alexander Rusli said the company currently had Rp 20.16 trillion (US$1.51 billion) in debt, with a fifth of it in overseas currencies. The compa...

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