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Listrik Negara sets banks, roadshow for dollar, euro notes
By Rebecca Melvin
New York, Oct. 15 – Indonesia’s PT Perusahaan Listrik Negara has selected banks and scheduled a roadshow for a proposed offering of 10-year and/or 30-year dollar notes and/or seven- to eight-year euro-denominated notes, according to a market source on Monday.
Citigroup, HSBC, Mandiri Securities and Standard Chartered Bank are joint lead managers and joint bookrunners, arranging a series of fixed-income investor meetings in Europe and group investor calls starting on Monday. A Rule 144A and Regulation S notes deal may follow subject to market conditions.
PLN is a state-owned electricity company.
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