Indofood bond tipped to yield 16%

Indofood''s Rp1 trillion five-year bond issue is likely to yield 16% - the middle of its suggested range.
June 09, 2000

Indofood's Rp1 trillion ($116 million) five-year bond issue is likely to yield just 16% when final pricing is decided next week. "The expectation is it will probably turn out mid-market of the range [15.75%-16.25%]," says one of the joint lead underwriters.

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