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Indonesia's Bank Niaga to shop $100 million 10-year note offering next week in Asia
By Paul A. Harris
St. Louis, June 28 - Indonesia's PT Bank Niaga will start a roadshow next week for a $100 million offering of 10-year lower tier II subordinated notes, according to a market source.
Pricing is expected by the end of the July 4 week.
Citigroup and CIMB are the bookrunners.
The bonds will come with five years of call protection.
The prospective issuer is a commercial bank based in Jakarta, Indonesia.
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