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Indonesia’s Astra Sedaya sets talk at Treasuries plus 225 bps area for three-year dollar notes
By Christine Van Dusen
Atlanta, March 25 – Indonesia’s PT Astra Sedaya Finance set talk in the Treasuries plus 225 basis points area for an offering of dollar-denominated three-year notes (expected ratings: Baa3//BBB-), a market source said.
HSBC, DBS, Mizuho Securities and MUFG are the bookrunners for the Regulation S deal.
The issuer is based in Jakarta and is one of the finance companies in the PT Astra International Tbk. conglomerate.
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