Indonesia's Sigma Capital picks bookrunners for up to $130 million tap of 9% notes due 2015

By Christine Van Dusen

Atlanta, Feb. 10 - Indonesia-based Sigma Capital Pte. Ltd. has mandated Citigroup, Deutsche Bank and Bank of America Merrill Lynch for an up to $130 million tap of its 9% senior notes due 2015, according to a company announcement.

The transaction is expected to launch soon, subject to market conditions.

Sigma Capital is a subsidiary of PT Lippo Karawaci Tbk., a Tangerang, Indonesia-based residential and commercial urban developer.

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