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WICAKSANA OVERSEAS INDONESIA TO BUY BACK US$70 MLN DEBT.

Publication: AsiaPulse News

Publication Date: 31-JUL-01
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COPYRIGHT 2001 Asia Pulse Pty Ltd

JAKARTA, July 31 Asia Pulse - Publicly listed company Wicaksana Overseas Indonesia, a distributor of consumer goods, said it plans to buy back US$70 million of its debt.

Bachtiar Yusuf, the president of the company, said the buyback is prompted by the strengthening of the rupiah against the U.S....

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