By Christine Van Dusen
Atlanta, July 19 - Indonesia's PT Multipolar Tbk. sold $200 million five-year notes (B+/B+/) at par to yield 9¾%, a market source said.
The notes matched talk of 9¾%.
Citigroup, Deutsche Bank and Nomura Securities were the bookrunners for the Regulation S notes, which are non-callable for three years.
The Tangerang, Indonesia-based issuer is an importer and retailer of computers and related products.
| Issuer: | PT Multipolar Tbk.
|
| Amount: | $200 million
|
| Maturity: | July 25, 2018
|
| Description: | Notes
|
| Bookrunners: | Citigroup, Deutsche Bank, Nomura Securities
|
| Coupon: | 9¾%
|
| Price: | Par
|
| Yield: | 9¾%
|
| Call features: | Non-callable for three years
|
| Trade date: | July 18
|
| Settlement date: | July 25
|
| Ratings: | Moody's: B+
|
| Standard & Poor's: B+
|
| Distribution: | Regulation S
|
| Price talk: | 9¾%
|
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