New of Corporates Action for Investors, Analysts, and Traders|Sunday, January 6, 2013
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debt

Indonesia Considers Tax on Corporate Foreign Debt

Indonesia plans to impose a tax on companies borrowing money from overseas, as part of an effort to control the private sector’s foreign debt, Bisnis Indonesia reported on Wednesday, quoting a high level official at the finance ministry. Bambang Brodjonegoro, head of the ministry’s fiscal policy unit, said the finance ministry will coordinate with the Full Article

Bakrie Plantations & US$ bonds (1)

Palm oil player PT Bakrie Sumatera Plantations Tbk (UNSP) plans to issue US$200 million. The company has mandated two joint lead global arrangers Credit Suisse and Deutsche Bank. The issuance will be held via Bakrie Plantations’ wholly owned subsidiary in the first quarter of 2011. “We are now underway to launch the bonds,” told Ambono Full Article