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Indonesia's Bank Ekspor to raise 2 trln rph from bonds

Sun Apr 26, 2009 11:13pm EDT

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JAKARTA, April 27 (Reuters) - Indonesian state-owned lender, PT Bank Ekspor Indonesia, said on Monday it plans to raise 2 trillion rupiah ($185.5 million) from a bond issue in June.

The bonds will be offered in four separate tranches with maturities ranging from one to seven years, the bank said in a prospectus published in Bisnis Indonesia newspaper.

PT Trimegah Securities Tbk (TRIM.JK) and PT Danareksa Sekuritas have been appointed underwriters for the issue.

The government said previously it would turn the unlisted state bank into an export-financing agency to help promote exports amid a global economic slowdown. ($1=10780 Rupiah) (Reporting by Tyagita Silka; Editing by Sara Webb)



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