Indonesia’s MAXpower postpones sale of $250 million five-year notes

By Christine Van Dusen

Atlanta, Feb. 9 – Indonesia’s MAXpower Group Pte. Ltd. has postponed plans for a $250 million issue of five-year notes, a market source said.

The notes were talked at a yield in the 11¾% area and were to be non-callable for three years.

MAXpower is a Jakarta-based gas-to-power specialist and plant operator.

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