Sritex offers investors rare high yield Indonesian bond
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Asia

Sritex offers investors rare high yield Indonesian bond

Fashion 230x150

Sri Rejeki Isman (Sritex) sold an opportunistic $225m bond on Wednesday, becoming the first high yield Indonesian issuer in five months. The company offered investors a juicy premium, which was necessary to appease buyers burnt by turmoil around fellow textile company Duniatex.

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