Indonesia-based BUMA's Prime Dig to redeem remaining 11¾% notes

By Marisa Wong

Madison, Wis., Dec. 14 - Prime Dig Pte. Ltd. gave notice that it will redeem all of its outstanding 11¾% senior secured notes due 2014.

The notes will be redeemed on Jan. 12 at par plus accrued interest.

As previously reported, the wholly owned subsidiary of PT Bukit Makmur Mandiri Utama (BUMA) received tenders for $302.64 million, or 96.08%, of its $315 million 11¾% notes as of the early consent deadline of a tender offer and consent solicitation, which began on Nov. 29 and are scheduled to expire on Dec. 27.

The Bank of New York Mellon is the agent.

BUMA is a coal mining contractor based in Jakarta, Indonesia.

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