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Indonesia’s Chandra Asri repurchases $18.49 million of 4.95% notes
By Sarah Lizee
Olympia, Wash., Aug. 25 – PT Chandra Asri Petrochemical Tbk. repurchased and cancelled $18.49 million, or 6.16%, of its $300 million 4.95% senior notes due 2024, according to a notice.
The settlement and cancellation of the repurchased notes occurred from April 8 to Aug. 25.
Following the repurchases, $281.51 million of the notes remain outstanding.
The integrated petrochemical producer is based in Jakarta, Indonesia.
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