Matahari to issue bonds

Matahari to issue bonds

HONG KONG (Reuter): Matahari Putra Prima, one of the largest
department store chains in Indonesia, has mandated CS First
Boston to lead manage a fixed-rate bond issue, CS First Boston
said.

The bond will carry a five-year maturity and will be
denominated in U.S. dollars. The size of the issue has not been
decided yet.

A roadshow is under way, and launch is expected in a few
weeks.