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JAPANESE-INDONESIAN BANK RESONA TO ISSUE US$50 MLN IN BONDS.

AsiaPulse News

| February 01, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

JAKARTA, Feb 1 Asia Pulse - Bank Resona Perdania plans to issue foreign currency bonds worth US$50 million and medium-term notes worth Rp200 billion (US$21.6 million) this year to finance its business expansion.

"Part of the funds would also be used to open a number of new branches probably in Bali and Semarang," said the bank's president director, Akihiro Miyamoto, here Thursday.

But he stopped short of ...

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