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Prospect News home > News index > List of issuers B > Headlines for Bukit Makmur Mandiri Utama (BUMA) > News item
Published on 10/26/2009 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

Indonesia's BUMA to sell up to $350 million five-year notes Wednesday

By Paul A. Harris

St. Louis, Oct. 26 - PT Bukit Makmur Mandiri Utama (BUMA) is expected to price $300 million to $350 million of five-year notes on Wednesday, according to a market source.

The initial price guidance is 11½% to 12%.

Barclays Capital, Deutsche Bank, ING and Macquarie Securities are leading the Rule 144A note offering.

BUMA is a Jakarta, Indonesia, coal mining company.


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