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Indonesia's Kaltim Prima Coal delays $375 million notes
By Reshmi Basu and Paul A. Harris
New York, May 10 - Kaltim Prima Coal is delaying its $375 million offering of floating-rate and fixed-rate notes due to market conditions, according to market sources.
Credit Suisse First Boston and JP Morgan were running the Rule 144A/Regulation S deal.
Kaltim Prima Coal is Indonesia's second largest coal mining company.
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