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Published on 9/20/2017 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Indonesia-based MPM’s Singapore unit redeems all 6¾% notes due 2019

By Marisa Wong

Morgantown, W.Va., Sept. 20 – MPM Global Pte. Ltd. redeemed all of its outstanding 6¾% senior notes due 2019 on Tuesday.

Singapore-based MPM issued $200 million of the notes in September 2014. The notes were guaranteed by parent company PT Mitra Pinasthika Mustika Tbk., an automotive company based in Jakarta, Indonesia.


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