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Published on 9/12/2014 in the Prospect News Emerging Markets Daily.

Indonesia’s Mitra Pinasthika Mustika sets talk for $200 million five-year notes at 6¾%-6 7/8%

By Christine Van Dusen

Atlanta, Sept. 12 – Indonesia’s PT Mitra Pinasthika Mustika Tbk. set talk at 6¾% to 6 7/8% for its planned issue of $200 million five-year notes (/B+/BB-), a market source said.

Deutsche Bank is the bookrunner for the Regulation S deal.

The proceeds will be used primarily for refinancing existing debt and for capital expenditures.

The issuer is an automotive company based in Jakarta.


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