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Pelabuhan Indonesia cancels $26.65 million 5 3/8% notes due 2045
By Mary-Katherine Stinson
Lexington, Ky., Oct. 25 – Indonesia’s PT Pelabuhan Indonesia (Persero) canceled $26.65 million of its 5 3/8% senior notes due 2045 (ISIN: US69370NAA46, USY7133MAB55) on Oct. 21, according to a notice.
The repurchased notes represent 5.33% of the total outstanding of the original $500 million issue.
After cancellation, $473.35 million remains outstanding.
The company stated it will continue to make announcements for every 5% interval of initial principal repurchased.
The issuer is a Surabaya, Indonesia-based provider of port service facilities.
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