Indosat markets $200-$250 million seven-year notes at 7½% area

By Paul A. Harris

St. Louis, June 13 - Indonesia's Indosat International Finance Co. BV is marketing a $200 million to $250 million offering of seven-year notes (B1/BB-) at the 7½% area, according to a syndicate source.

The roadshow got underway Monday in Hong Kong and will run in Singapore on Tuesday and in London on Wednesday before wrapping up on Thursday in New York.

Credit Suisse First Boston, Goldman Sachs & Co. and JP Morgan are joint bookrunners for the Rule 144A/Regulation S offering.

The notes come with five years of call protection and are guaranteed by PT Indosat TBK, a Jakarta-based telecommunications company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.