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Firms in Indonesia opt for debt over equity fundraising

Annabeth Leow

Annabeth Leow

Published Mon, May 18, 2020 · 09:50 PM
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Singapore

THE true action in Indonesia these days lies in the debt capital markets, as a double-digit number of public listings in the first four months of 2020 came alongside a year-on-year fall in the amount of equity funds raised.

The Covid-19 pandemic has taken a toll on companies' ability to scrounge up cash, as initial public offer…

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