Excelcomindo to start roadshow Thursday in Asia for $250 million five-year bonds

By Paul A. Harris

St. Louis, Jan. 5 - Excelcomindo Finance Co. BV plans to start a roadshow Thursday in Singapore for $250 million of senior fixed-rate bonds due 2009 (B+), a market source said.

The roadshow also will include Hong Kong and London stops and then will be presented in the United States late in the Jan. 12 week.

Morgan Stanley, Credit Suisse First Boston and UBS Investment Bank are joint bookrunners on the Rule 144A offering.

The notes will be guaranteed by P.T. Excelcomindo Pratama.

The Indonesia telecommunications company plans to use proceeds to refinance a secured loan.

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