New Issue: MNC Investama prices $56.38 million 9% senior secured notes due 2021

New York, May 3 – PT MNC Investama Tbk. priced $56.38 million of 9% senior secured notes due 2021 at par, according to a company announcement.

The new notes were sold for cash alongside an exchange offer in which it will issue a further $174,623,000 of the notes on the same terms. Combined, the issue will have $231 million outstanding.

Deutsche Bank AG, Singapore Branch, ING Bank NV, Singapore Branch and Standard Chartered Bank were dealer managers for the exchange.

PT MNC Investama is a Jakarta, Indonesia, investment company.

Issuer:	PT MNC Investama Tbk.
Issue:	Senior secured notes
Amount:	$231 million, $56,377,000 for cash, $174,623,000 in exchange
Maturity:	May 11, 2021
Coupon:	9%
Price:	Par
Yield:	9%
Call:	Make-whole call before May 11, 2019, then at 104.5, declining to 102.25
Equity clawback:	For up to 35% at 109 before May 11, 2019
Ratings:	Moody’s: Caa1
	S&P: B-
Pricing date:	May 3
Settlement date:	May 11

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