Indosat Rp900 billion sukuk ijarah issue

10/12/2015
Sukuk al ijarah

Rp 900 billion

$ 67.8 million

Completed

10/12/2015


Overview:

  • Indosat, one of Indonesia's largest telecommunications providers, has issued a Rp900 billion sukuk ijarah.
  • The issue is aimed at redeeming the company's debts and for further business development.
  • BCA Sekuritas, DBS Vickers Securities Indonesia, and Indo Premier Securities acted as underwriters. 

Katrin Kostadinova - Data analyst

Jurisdiction:

Indonesia

Deal type:

Sukuk al ijarah

Practice areas:

Capital markets : Debt
Islamic finance

Governing law:

Indonesia

Industry sector:

Technology and telecommunications


Firm:

Party: Indosat (Issuer)

Lawyer: Iqbal Darmawan