Published on 2/11/2011 in the Prospect News Emerging Markets Daily.
New Issue: Indonesia's Sigma Capital prices $125 million tap of 9% notes due 2015 to yield 6.776%
By Christine Van Dusen
Atlanta, Feb. 11 - Indonesia's Sigma Capital Pte. Ltd. priced a $125 million add-on to its 9% notes due April 30, 2015 (B1/B+/B+) at 108 to yield 6.776%, a market source said.
Citigroup, Deutsche Bank and Bank of America Merrill Lynch were the bookrunners for the Regulation S deal.
Sigma Capital originally priced $81.65 million of the 9% notes on May 4, 2010 at par.
Sigma Capital is a subsidiary of PT Lippo Karawaci Tbk., a Tangerang, Indonesia-based residential and commercial urban developer.
Issuer: | Sigma Capital Pte. Ltd.
|
Amount: | $125 million
|
Maturity: | April 30, 2015
|
Description: | Notes
|
Bookrunners: | Citigroup, Deutsche Bank, Bank of America Merrill Lynch
|
Coupon: | 9%
|
Price: | 108
|
Yield: | 6.776%
|
Trade date: | Feb. 11
|
Settlement date: | Feb. 17
|
Ratings: | Moody's: B1
|
| Standard & Poor's: B+
|
| Fitch: B+
|
Distribution: | Regulation S
|
Original issue: | $81.65 million 9% notes priced May 4, 2010 at par
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.