Indonesia Dealbook: Mahaka Radio to launch IPO; Astra Sedaya to issue bonds worth $145m

Indonesia Dealbook: Mahaka Radio to launch IPO; Astra Sedaya to issue bonds worth $145m

Founder Mahaka Group Erick Thohir - Photo by Inter Milan

PT Mahaka Radio Integra, a radio broadcasting company owned by Mahaka Group, is set to offer up to 30 per cent of its enlarged capital while consumer financing firm PT Astra Sedaya Finance plans to issue bonds worth Rp2 trillion ($144.93 million) in the second quarter next year to fund its financing activities.

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