Published on 10/15/2012 in the Prospect News Emerging Markets Daily.
New Issue: Indonesia's Lippo Karawaci sells $100 million increase of 7% notes due 2016 at 105.25
By Christine Van Dusen
Atlanta, Oct. 15 - Indonesia's PT Lippo Karawaci TBK - through special-purpose vehicle Theta Capital Pte. Ltd. - priced a $100 million increase of its 7% notes due May 16, 2019 (B1/BB-/BB-) at 105.25, a market source said.
Bank of America Merrill Lynch, Citigroup, Credit Suisse and Deutsche Bank were the bookrunners for the Regulation S deal.
Lippo Karawaci is a development company based in Tangerang, Indonesia.
Issuer: | Theta Capital Pte. Ltd.
|
Amount: | $100 million
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Maturity: | May 16, 2019
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Description: | Senior notes
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Bookrunners: | Bank of America Merrill Lynch, Citigroup, Credit Suisse, Deutsche Bank
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Coupon: | 7%
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Price: | 105.25
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Trade date: | Oct. 15
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Settlement date: | Oct. 22
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Ratings: | Moody's: B1
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| Standard & Poor's: BB-
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| Fitch: BB-
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Distribution: | Regulation S
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