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Indosat settles maturing bonds for IDR1.13 trillion
JAKARTA: Indonesia’s second largest cellular operator PT Indosat Tbk has settled maturing bonds of Indosat IV as well as the coupon rates. The company also settled its Sharia Bond Ijarah issued in 2005. The company disbursed IDR1.13 trillion on June 21 to settle all the debts. Indosat booked a 63.3% increase in net income during the first quarter of this year, boosted by higher cellular revenue …
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