Indonesian cigarette maker PT Bentoel Internasional Investama Tbk (RMBA), a member of British American Tobacco Group, is raising Rp 13.99 trillion ($1.06 billion) through the biggest rights issue deal this year. The proceeds will be used to pay off its debts to Rothmans Far east B.V amounting to Rp 12 trillion ($912 million).
Continue reading this story with a subscription to DealStreetAsia.
Already a subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com.
