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Pelabuhan Indonesia cancels $58.27 million 4¼% notes due 2025
By Mary-Katherine Stinson
Lexington, Ky., March 8 – Indonesia’s PT Pelabuhan Indonesia (Persero) canceled $58,273,000 of its $1.1 billion 4¼% notes due 2025 (ISIN: US69370NAB29, USY7133MAC39) on March 7, according to a notice.
The repurchased notes represent 5.3% of the total principal amount outstanding prior to cancellation.
After cancellation, $1,041,727,000 remains outstanding.
The company stated it will continue to make announcements for every 5% interval of initial principal repurchased.
The issuer is a Surabaya, Indonesia-based provider of port service facilities.
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