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Prospect News home > News index > List of issuers I > Headlines for IndoCoal > News item
Published on 3/29/2006 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

Indonesia's IndoCoal to redeem $600 million 7.134% notes

By Jennifer Chiou

New York, March 29 - IndoCoal Exports (Cayman) Ltd. announced the redemption of its $600 million of 7.134% series 2005-1 senior secured notes due 2012.

IndoCoal said the redemption price will be calculated on the business day preceding the redemption date, April 28.

The Bank of New York is trustee and paying agent.

IndoCoal, a subsidiary of Indonesian mining firm PT Bumi Resources Tbk, priced the notes on June 22, 2005.


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