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.