CSFB named best foreign bank

CSFB named best foreign bank

JAKARTA: Credit Suisse First Boston (CSFB) has been awarded
the Asset Triple-A Country Awards for best foreign investment
bank in Indonesia and Malaysia by banking and finance publication
The Asset.

"CSFB won the distinction in Indonesia, given the bank's
spread of activity during the past 12 months. CSFB has been
involved in a range of deals ranging from IPOs (initial public
offerings) to bonds, loans and M&A (mergers and acquisitions),"
CSFB quoted the magazine as saying.

Deals handled by CSFB in 2004 include three bonds issues for
Perusahaan Gas Negara, a high-yield bonds issue for cellular
service provider Excelcomindo and a US$385 million syndicated
loan for PT Kaltim Prima Coal.

"This award demonstrates CSFB's deep commitment to providing a
full range of investment banking services to our clients," said
Helman Sitohang, CSFB head of investment banking for Indonesia
and Malaysia. -- JP